REGISTERED NUMBER: 08868413 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31st January 2025

for

A & R James Assets Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTORS:

A James

R E James

REGISTERED OFFICE:

Rodmore Farm

St Briavels

Lydney

Gloucestershire

GL15 6QZ

REGISTERED NUMBER:

08868413 (England and Wales)

ACCOUNTANTS:

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Tangible assets

4

49,228

998

Investment property

5

2,262,419

1,861,135

2,311,647

1,862,133

CURRENT ASSETS

Debtors

6

2,228,835

2,581,123

Cash at bank

67,369

80,428

2,296,204

2,661,551

CREDITORS

Amounts falling due within one year

7

2,652,857

2,774,215

NET CURRENT LIABILITIES

(356,653

)

(112,664

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,954,994

1,749,469

CREDITORS

Amounts falling due after more than one year

8

(13,333

)

(23,333

)

PROVISIONS FOR LIABILITIES

10

(10,467

)

(78,750

)

NET ASSETS

1,931,194

1,647,386

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

12

1,931,094

1,647,286

SHAREHOLDERS' FUNDS

1,931,194

1,647,386

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 28th October 2025 and were signed on its behalf by:

A James - Director

1.	STATUTORY INFORMATION

A & R James Assets 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st February 2024

-

4,407

4,407

Additions

50,500

1,294

51,794

At 31st January 2025

50,500

5,701

56,201

DEPRECIATION

At 1st February 2024

-

3,409

3,409

Charge for year

2,875

689

3,564

At 31st January 2025

2,875

4,098

6,973

NET BOOK VALUE

At 31st January 2025

47,625

1,603

49,228

At 31st January 2024

-

998

998

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2024

1,861,135

Additions

401,284

At 31st January 2025

2,262,419

NET BOOK VALUE

At 31st January 2025

2,262,419

At 31st January 2024

1,861,135

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Outstanding Loans

1,762,784

2,165,341

Prepayments & Accrued Interest

466,051

415,782

2,228,835

2,581,123

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other loans (see note 9)

424,865

502,683

Tax

83,813

74,450

Directors' current accounts

2,138,899

2,192,041

Accrued expenses

5,280

5,041

2,652,857

2,774,215

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans (see note 9)

13,333

23,333

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,333

23,333

9.

LOANS

An analysis of the maturity of loans is given below:

31.1.25

31.1.24

£

£

Amounts falling due within one year or on demand:

Other loans

424,865

502,683

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,333

23,333

10.	PROVISIONS FOR LIABILITIES

31.1.25

31.1.24

£

£

Deferred tax

10,467

-

Bad Debt Provisions

-

78,750

10,467

78,750

Deferred

tax

£

Charge to Income Statement during year

10,467

Balance at 31st January 2025

10,467

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Retained

earnings

£

At 1st February 2024

1,647,286

Profit for the year

283,808

At 31st January 2025

1,931,094

13.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A & R James Assets Ltd for the year ended 31st January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of A & R James Assets Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A & R James Assets Ltd and state those matters that we have agreed to state to the Board of Directors of A & R James Assets Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A & R James Assets Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A & R James Assets Ltd. You consider that A & R James Assets Ltd 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 financial statements of A & R James Assets Ltd. 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 financial statements.

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

28th October 2025