JZ Property Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14727199

		2024		2023 as restated
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		785,000		-

			785,000		-
CURRENT ASSETS
Stocks	5	-		465,675
Debtors	6	65,525		221,000
Cash at bank and in hand		4,821		110

		70,346		686,785
Creditors: Amounts Falling Due Within One Year	7	(418,471 )		(373,804 )

NET CURRENT ASSETS (LIABILITIES)			(348,125 )		312,981

TOTAL ASSETS LESS CURRENT LIABILITIES			436,875		312,981

Creditors: Amounts Falling Due After More Than One Year	8		(396,313 )		(312,881 )

NET ASSETS			40,562		100

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve	10		105,672		-
Profit and Loss Account			(65,210 )		-

SHAREHOLDERS' FUNDS			40,562		100

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JZ Property Developments Limited

Balance Sheet (continued)

As At 31 December 2024

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.

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Adams

Director

21 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

JZ Property Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14727199 . The registered office is Ground Floor Office, 2 Mill Pool, Nash Lane, Belbroughton, Worcestershire, DY9 9AF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 2)

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JZ Property Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024	-
Additions	679,328
Revaluations	105,672

As at 31 December 2024	785,000

Investment property was revalued at 31 December 2024 by the director on the basis of market value.The valuation was based on recent market transactions on an arms length basis for similiar properties.

5. Stocks

	2024	2023 as restated
	£	£
Stock	-	465,675

6. Debtors

	2024	2023 as restated
	£	£
Due within one year
Amounts owed by participating interests	50,260	221,000
Other debtors	15,265	-

	65,525	221,000

7. Creditors: Amounts Falling Due Within One Year

	2024	2023 as restated
	£	£
Bank loans and overdrafts	29,114	-
Other creditors	389,357	373,804

	418,471	373,804

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023 as restated
	£	£
Bank loans	396,313	312,881

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JZ Property Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Share Capital

	2024	2023 as restated
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

	Fair Value Reserve
	£
Movements in fair value reserve	105,672

As at 31 December 2024	105,672

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