REGISTERED NUMBER: 10947913 (England and Wales)

JACKSON PROPERTY (HEREFORD) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W J Jackson

N N Jackman-Smith

REGISTERED OFFICE:

45 Bridge Street

Hereford

HR4 9DG

REGISTERED NUMBER:

10947913 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,508

5,769

4,508

5,769

CURRENT ASSETS

Debtors

6

166,694

50,617

Cash at bank

59,791

120,000

226,485

170,617

CREDITORS

Amounts falling due within one year

7

79,269

89,879

NET CURRENT ASSETS

147,216

80,738

TOTAL ASSETS LESS CURRENT LIABILITIES

151,724

86,507

CREDITORS

Amounts falling due after more than one year

8

(2,500

)

(12,500

)

PROVISIONS FOR LIABILITIES

(772

)

(1,096

)

NET ASSETS

148,452

72,911

CAPITAL AND RESERVES

Called up share capital

9

800

800

Share redemption reserve

10

200

200

Retained earnings

10

147,452

71,911

SHAREHOLDERS' FUNDS

148,452

72,911

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

W J Jackson - Director

1.	STATUTORY INFORMATION

Jackson Property (Hereford) Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill on incorporation in 2019 of £60,000 has been amortised on a straight line basis over three years.

Formation costs

Formation costs have been fully amortised in the first year of trading.

Restructuring costs

Restructuring costs have been fully amortised in the current year.

Tangible fixed assets

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

Displays

-

15% on reducing balance

Fixtures and equipment

-

15% on reducing balance

Office and computer equipment

-

33% on cost and 10% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

60,000

215

60,215

Additions

-

380

380

At 31 March 2025

60,000

595

60,595

AMORTISATION

At 1 April 2024

60,000

215

60,215

Charge for year

-

380

380

At 31 March 2025

60,000

595

60,595

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Office

Fixtures

and

and

computer

Displays

equipment

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,386

3,428

10,614

15,428

Additions

-

-

525

525

Disposals

-

(337

)

(1,367

)

(1,704

)

At 31 March 2025

1,386

3,091

9,772

14,249

DEPRECIATION

At 1 April 2024

733

1,752

7,174

9,659

Charge for year

101

227

650

978

Eliminated on disposal

-

(176

)

(720

)

(896

)

At 31 March 2025

834

1,803

7,104

9,741

NET BOOK VALUE

At 31 March 2025

552

1,288

2,668

4,508

At 31 March 2024

653

1,676

3,440

5,769

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,303

43,577

Amounts owed by participating interests

146,798

-

Prepayments and accrued income

5,593

7,040

166,694

50,617

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

31,048

Trade creditors

6,770

11,575

Amounts owed to participating interests

507

-

Tax

25,583

1,260

Social security and other taxes

4,837

2,345

Pension

574

590

VAT

12,881

13,748

Amounts owed to M J Jackson

12,302

12,302

Directors' current accounts

2,615

12,615

Accruals and deferred income

3,200

4,396

79,269

89,879

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,500

10,000

Bank loans - 2-5 years

-

2,500

2,500

12,500

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

800

Ordinary

£1

800

800

10.

RESERVES

Share

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2024

71,911

200

72,111

Profit for the year

75,541

75,541

At 31 March 2025

147,452

200

147,652

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

W J Jackson

Balance outstanding at start of year

(49

)

4,283

Amounts advanced

-

868

Amounts repaid

-

(5,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(49

)

(49

)

12.	RELATED PARTY DISCLOSURES