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Company Registration No. 10671777 (England and Wales)
JLR Property Limited Unaudited accounts for the year ended 31 March 2025
JLR Property Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
JLR Property Limited Company Information for the year ended 31 March 2025
Director
Luke Roberts
Company Number
10671777 (England and Wales)
Registered Office
First Floor 85 Great Portland Street London W1W 7LT England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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JLR Property Limited Accountants' report
Accountants' report to the director of JLR Property Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JLR Property Limited for the year ended 31 March 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of JLR Property Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of JLR Property Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JLR Property Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JLR Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of JLR Property Limited. You consider that JLR Property Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of JLR Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 26 September 2025
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JLR Property Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,816
8,744
Investment property
5
781,184
726,256
785,000
735,000
Current assets
Debtors
6
2,000
5,942
Cash at bank and in hand
44,132
8,539
46,132
14,481
Creditors: amounts falling due within one year
7
(425,637)
(218,367)
Net current liabilities
(379,505)
(203,886)
Total assets less current liabilities
405,495
531,114
Creditors: amounts falling due after more than one year
8
(399,593)
(516,753)
Provisions for liabilities
Deferred tax
9
(2,491)
-
Net assets
3,411
14,361
Capital and reserves
Called up share capital
10
10
Revaluation reserve
87,204
119,286
Profit and loss account
(83,803)
(104,935)
Shareholders' funds
3,411
14,361
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 October 2025 and were signed on its behalf by
Luke Roberts Director Company Registration No. 10671777
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JLR Property Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
JLR Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10671777. The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 6 -
JLR Property Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
17,994
1,152
19,146
At 31 March 2025
17,994
1,152
19,146
Depreciation
At 1 April 2024
9,251
1,151
10,402
Charge for the year
4,928
-
4,928
At 31 March 2025
14,179
1,151
15,330
Net book value
At 31 March 2025
3,815
1
3,816
At 31 March 2024
8,743
1
8,744
5
Investment property
2025
£
Fair value at 1 April 2024
726,256
Additions
179,572
Disposals
(170,000)
Net gain from fair value adjustments
45,356
At 31 March 2025
781,184
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Deferred tax asset
-
3,942
Other debtors
2,000
2,000
2,000
5,942
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
91,497
-
Other creditors
126,896
56,895
Loans from directors
206,824
161,052
Accruals
420
420
425,637
218,367
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JLR Property Limited Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
399,593
516,753
Aggregate of amounts that fall due for payment after five years
399,593
516,753
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
9
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
-
(3,942)
Revaluation of land and buildings
3,419
-
Revaluation of investment property
25,650
-
Tax losses carried forward
(26,578)
-
2,491
(3,942)
2025
2024
£
£
Provision at start of year
(3,942)
(3,942)
Charged to the profit and loss account
6,433
-
Provision at end of year
2,491
(3,942)
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 8 -