Company Registration No. 10544301 (England and Wales)
William James Properties Group Limited
Unaudited accounts
for the year ended 31 January 2025
William James Properties Group Limited
Unaudited accounts
Contents
William James Properties Group Limited
Company Information
for the year ended 31 January 2025
Directors
Michael Beckett
Natasha Beckett
Company Number
10544301 (England and Wales)
Registered Office
The Spinney
Otham Lane
Bearsted
Maidstone
Kent
ME15 8SJ
England
Accountants
PS Accounting Solutions Ltd
8 Rede Wood Road
Barming
Maidstone
Kent
ME16 9HL
William James Properties Group Limited
Statement of financial position
as at 31 January 2025
Investment property
708,901
689,749
Cash at bank and in hand
3,875
5,521
Creditors: amounts falling due within one year
(145,757)
(155,760)
Net current liabilities
(141,882)
(150,239)
Total assets less current liabilities
567,019
539,510
Creditors: amounts falling due after more than one year
(501,229)
(501,229)
Provisions for liabilities
Deferred tax
(10,880)
(7,241)
Called up share capital
10
10
Profit and loss account
54,900
31,030
Shareholders' funds
54,910
31,040
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 13 October 2025 and were signed on its behalf by
Michael Beckett
Director
Company Registration No. 10544301
William James Properties Group Limited
Notes to the Accounts
for the year ended 31 January 2025
William James Properties Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10544301. The registered office is The Spinney, Otham Lane, Bearsted, Maidstone, Kent, ME15 8SJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
4
Tangible fixed assets
Plant & machinery
Fair value at 1 February 2024
689,749
Net gain from fair value adjustments
19,152
At 31 January 2025
708,901
William James Properties Group Limited
Notes to the Accounts
for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,351
-
Loans from directors
143,626
154,980
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
501,229
501,229
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).