Company Registration No. 12035100 (England and Wales)
By Jove Properties Limited
Unaudited accounts
for the year ended 30 June 2025
By Jove Properties Limited
Unaudited accounts
Contents
By Jove Properties Limited
Company Information
for the year ended 30 June 2025
Director
Julie Christine McGowan
Company Number
12035100 (England and Wales)
Registered Office
Westella
Park Drive
Harrogate
Yorkshire
HG2 9AY
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
By Jove Properties Limited
Accountants' report
Accountants' report to the director of By Jove Properties Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
By Jove Properties Limited for the year ended
30 June 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of By Jove Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of By Jove Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than By Jove Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that By Jove Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of By Jove Properties Limited. You consider that By Jove Properties Limited 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 accounts of By Jove Properties Limited. 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 accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
14 October 2025
By Jove Properties Limited
Statement of financial position
as at 30 June 2025
Investment property
75,001
173,077
Cash at bank and in hand
22,226
6,080
Creditors: amounts falling due within one year
(44,971)
(43,558)
Net current liabilities
(22,195)
(36,453)
Total assets less current liabilities
52,805
138,547
Creditors: amounts falling due after more than one year
(60,600)
(110,345)
Provisions for liabilities
Net (liabilities)/assets
(7,795)
21,152
Called up share capital
2
2
Revaluation reserve
3,308
31,609
Profit and loss account
(11,105)
(10,459)
Shareholders' funds
(7,795)
21,152
For the year ending 30 June 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 director acknowledges her 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 and authorised for issue on 5 November 2025 and were signed on its behalf by
Julie Christine McGowan
Director
Company Registration No. 12035100
By Jove Properties Limited
Notes to the Accounts
for the year ended 30 June 2025
By Jove Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12035100. The registered office is Westella, Park Drive, Harrogate, Yorkshire, HG2 9AY.
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:
Fixtures & fittings
20% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
By Jove Properties Limited
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 July 2024
173,077
Net loss from fair value adjustments
(18,671)
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
43,521
41,633
8
Creditors: amounts falling due after more than one year
2025
2024
Aggregate of amounts that fall due for payment after five years
60,600
110,345
Included in long term creditors is a bank loan secured on the investment property. A personal guarantee has been provided.
By Jove Properties Limited
Notes to the Accounts
for the year ended 30 June 2025
9
Deferred taxation
2025
2024
Revaluation of investment property
1,103
10,537
Tax losses carried forward
(1,103)
(3,487)
Provision at start of year
7,050
7,173
Credited to the profit and loss account
(7,050)
(123)
Provision at end of year
-
7,050
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).