REGISTERED NUMBER: 11937078 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

JDI PROPERTY (OVERSEAS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

SAJ Properties Limited

Ms K A Taylor

REGISTERED OFFICE:

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

REGISTERED NUMBER:

11937078 (England and Wales)

FIXED ASSETS

Investment property

4

1,169,079

1,672,672

CURRENT ASSETS

Debtors

5

113

6,589

Cash at bank

23

1,530

136

8,119

CREDITORS

Amounts falling due within one year

6

574,128

1,001,397

NET CURRENT LIABILITIES

(573,992

)

(993,278

)

TOTAL ASSETS LESS CURRENT LIABILITIES

595,087

679,394

PROVISIONS FOR LIABILITIES

7

108,125

135,408

NET ASSETS

486,962

543,986

CAPITAL AND RESERVES

Called up share capital

100

100

Non distributable reserve

471,574

595,566

Retained earnings

15,288

(51,680

)

SHAREHOLDERS' FUNDS

486,962

543,986

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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

Ms K A Taylor - Director

1.	STATUTORY INFORMATION

JDI Property (Overseas) 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 as modified by the revaluation of certain assets.

Since year end the company has sold its remaining investment property, therefore the company is no longer trading.

Turnover

Turnover represents rent receivable from the company's investment properties excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

1,672,672

Disposals

(503,593

)

At 31 January 2025

1,169,079

NET BOOK VALUE

At 31 January 2025

1,169,079

At 31 January 2024

1,672,672

Fair value at 31 January 2025 is represented by:

£

Valuation in 2020

447,901

Valuation in 2022

167,077

Valuation in 2023

(35,279

)

Cost

589,380

1,169,079

If the investment properties had not been revalued they would have been included at the following historical cost:

31.1.25

31.1.24

£

£

Cost

589,380

941,698

Investment properties were valued on an open market basis on 31 January 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

113

6,589

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

33

-

Amounts owed to group undertakings

-

993,808

Other creditors

574,095

7,589

574,128

1,001,397

7.	PROVISIONS FOR LIABILITIES

31.1.25

31.1.24

£

£

Deferred tax

108,125

135,408

Deferred

tax

£

Balance at 1 February 2024

135,408

Utilised during year

(27,283

)

Balance at 31 January 2025

108,125

8.	RELATED PARTY DISCLOSURES

The aggregate amount owed to connected companies at the balance sheet date is £572,273 (31.1.24: £993,808).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C S Phillips.

The controlling party to 3 December 2024 was Just Develop It Limited.

From 3 December 2024 the controlling party is SAJ Properties Limited.