Jans Property Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13163049

JANS PROPERTY HOLDINGS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2024

JANS PROPERTY HOLDINGS LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

JANS PROPERTY HOLDINGS LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	A Ladha
	N Ladha

Registered office	Tower House
	Lucy Tower Street
	Lincoln
	Lincolnshire
	United Kingdom
	LN1 1XW

Accountants	STREETS LLP
	Chartered accountants
	Tower House
	Lucy Tower Street
	Lincoln
	Lincolnshire
	LN1 1XW

JANS PROPERTY HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	4	620	775
Investments	5	1,042,500	1,042,500
		--------------	--------------
		1,043,120	1,043,275

Current assets

Debtors	6	69,943	6,666
Cash at bank and in hand		15,109	36,462
		---------	---------
		85,052	43,128

Creditors: amounts falling due within one year	7	66,973	73,725
		---------	---------
Net current assets/(liabilities)		18,079	( 30,597)
		--------------	--------------
Total assets less current liabilities		1,061,199	1,012,678

Creditors: amounts falling due after more than one year	8	998,456	950,081

Provisions	118	147
	--------------	--------------
Net assets	62,625	62,450
	--------------	--------------

JANS PROPERTY HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2024

	2024	2023
Note	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	62,525	62,350
	---------	---------
Shareholders funds	62,625	62,450
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 15 July 2025 , and are signed on behalf of the board by:

A Ladha	N Ladha
Director	Director

Company registration number: 13163049

JANS PROPERTY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tower House, Lucy Tower Street, Lincoln, Lincolnshire, LN1 1XW, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents gross rental income, net of value added tax where applicable, and is recognised on an accruals basis.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	20% reducing balance

Investments

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued by the director to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are recognised at fair value, with any subsequent changes to fair value recognised in profit or loss.

4. Tangible assets

	Equipment
	£
Cost
At 1 January 2024 and 31 December 2024	1,211
	--------
Depreciation
At 1 January 2024	436
Charge for the year	155
	--------
At 31 December 2024	591
	--------
Carrying amount
At 31 December 2024	620
	--------
At 31 December 2023	775
	--------

5. Investments

	Investment Property
	£
Cost
At 1 January 2024 and 31 December 2024	1,042,500
	--------------
Impairment
At 1 January 2024 and 31 December 2024	–
	--------------

Carrying amount
At 31 December 2024	1,042,500
	--------------
At 31 December 2023	1,042,500
	--------------

6. Debtors

	2024	2023
	£	£
Other debtors	69,943	6,666
	---------	--------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	48,904	37,247
Trade creditors	16,350	202
Corporation tax	269	3,666
Social security and other taxes	–	3,020
Other creditors	1,450	29,590
	---------	---------
	66,973	73,725
	---------	---------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	230,187	289,977
Other loans	768,269	660,104
	-----------	-----------
	998,456	950,081
	-----------	-----------

Bank loans are secured against the investment property.

9. Related party transactions

The ultimate controlling party of the company is also the controlling party of Calceus Innovations and Solutions Ltd, a company registered in England & Wales, number 11266586. At the year end an amount of £768,269,(2023 : £660,104) was owed to Calceus Innovations and Solutions Ltd, this balance is included in other creditors.

10. Controlling party

The ultimate controlling party of the company is its directors.