Unaudited Financial Statements

for the Year Ended 31 January 2025

for

John Miles & Company (Investment

Surveyors) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Edwards

L M Gluckstein

SECRETARY:

L M Gluckstein

REGISTERED OFFICE:

76 New Bond Street

London

London

W1S 1RX

REGISTERED NUMBER:

03418452 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

1,585

1,761

CURRENT ASSETS

Debtors

5

5,424

27,596

Cash at bank and in hand

418,632

488,040

424,056

515,636

CREDITORS

Amounts falling due within one year

6

163,111

102,865

NET CURRENT ASSETS

260,945

412,771

TOTAL ASSETS LESS CURRENT LIABILITIES

262,530

414,532

CREDITORS

Amounts falling due after more than one year

7

2,805

12,988

NET ASSETS

259,725

401,544

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

258,725

400,544

SHAREHOLDERS' FUNDS

259,725

401,544

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:

N Edwards - Director

1.	STATUTORY INFORMATION

John Miles & Company (Investment Surveyors) 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.

Turnover

Turnover represents commissions earned during the period excluding value added tax. Turnover is recognised on exchange of contracts or when conditions are met on the sale.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 February 2024

25,499

63,880

12,393

101,772

Additions

-

-

331

331

At 31 January 2025

25,499

63,880

12,724

102,103

DEPRECIATION

At 1 February 2024

25,499

63,591

10,921

100,011

Charge for year

-

72

435

507

At 31 January 2025

25,499

63,663

11,356

100,518

NET BOOK VALUE

At 31 January 2025

-

217

1,368

1,585

At 31 January 2024

-

289

1,472

1,761

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

-

19,199

Prepayments and accrued income

5,424

8,397

5,424

27,596

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,296

10,296

Tax

81,580

83,792

Social security and other taxes

378

1,863

VAT

63,892

787

Directors' current accounts

1,553

-

Accrued expenses

5,412

6,127

163,111

102,865

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,805

10,296

Bank loans - 2-5 years

-

2,692

2,805

12,988

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of the Board of Directors.