REGISTERED NUMBER: 09380648 (England and Wales)

HARRIS JOHN PROPERTY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr. S P John

REGISTERED OFFICE:

23 Trem Y Bae

Penarth

CF64 1TG

REGISTERED NUMBER:

09380648 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

274

668

Investment property

5

1,133,691

892,000

1,133,965

892,668

CURRENT ASSETS

Debtors

6

-

21,136

Cash at bank

3,721

8,647

3,721

29,783

CREDITORS

Amounts falling due within one year

7

216,555

184,639

NET CURRENT LIABILITIES

(212,834

)

(154,856

)

TOTAL ASSETS LESS CURRENT LIABILITIES

921,131

737,812

CREDITORS

Amounts falling due after more than one year

8

(599,288

)

(491,988

)

PROVISIONS FOR LIABILITIES

(78,213

)

(61,299

)

NET ASSETS

243,630

184,525

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

10

264,522

213,522

Retained earnings

(20,893

)

(28,998

)

SHAREHOLDERS' FUNDS

243,630

184,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st October 2025 and were signed by:

Mr. S P John - Director

1.	STATUTORY INFORMATION

Harris John Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% straight line on cost

Computer equipment

-

25% straight line on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st July 2024

and 30th June 2025

11,154

1,576

12,730

DEPRECIATION

At 1st July 2024

11,154

908

12,062

Charge for year

-

394

394

At 30th June 2025

11,154

1,302

12,456

NET BOOK VALUE

At 30th June 2025

-

274

274

At 30th June 2024

-

668

668

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st July 2024

892,000

Additions

173,691

Revaluations

68,000

At 30th June 2025

1,133,691

NET BOOK VALUE

At 30th June 2025

1,133,691

At 30th June 2024

892,000

Fair value at 30th June 2025 is represented by:

£

Valuation in 2020

70,667

Valuation in 2022

180,000

Valuation in 2023

24,000

Valuation in 2025

68,000

Cost

791,024

1,133,691

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

21,136

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

1,973

1,237

Other creditors

214,582

183,402

216,555

184,639

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

599,288

491,988

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

599,288

491,988

The secured debts are secured by fixed charges on the asset to which they relate.

10.

RESERVES

Fair

value

reserve

£

At 1st July 2024

213,522

Revaluation in the year

51,000

At 30th June 2025

264,522

11.	RELATED PARTY DISCLOSURES

As at the year end Harris John Property Limited owed £0 (2024 - £181,508) to a company in which the director had a controlling interest.