REGISTERED NUMBER: 15514426 (England and Wales)

JACKSON'S PROPERTY HOLDINGS LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

22 FEBRUARY 2024 TO 31 DECEMBER 2024

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

6

1,643,784

CREDITORS

Amounts falling due within one year

7

1,646,084

NET CURRENT LIABILITIES

(1,646,084

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,300

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(2,400

)

(2,300

)

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

M K C Venus - Director

1.	STATUTORY INFORMATION

Jackson's Property Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15514426

Registered office:

1 Farleigh Place

Farleigh Road

London

N16 7SX

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Going concern

The parent company has confirmed that it will continue to support the company. Therefore the directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements have been prepared on the going concern basis.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the period. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Directors' opinion, there are no significant judgements or key sources of estimation uncertainty.

Tangible fixed assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Freehold property - 2% straight line basis

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 period 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

5.	AUDITORS' REMUNERATION

£

Fees payable to the company's auditors for the audit of the company's financial statements

2,400

6.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

1,643,784

At 31 December 2024

1,643,784

NET BOOK VALUE

At 31 December 2024

1,643,784

The property was transferred at net book value from the company's parent, Jackson Art Supplies Limited, on 31 December 2024. As the transfer was completed at the period end, no depreciation has been charged by the company.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

1,643,684

Other creditors

2,400

1,646,084

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Carroll FCCA CTA (Senior Statutory Auditor)

for and on behalf of Keelings Limited

9.	AUDITOR LIABILITY LIMITATION AGREEMENT

Jackson's Art Supplies Ltd entered into a liability limitation agreement with its auditors. The terms of the limitation of liabilities in respect of the audit work is twenty times the agreed annual fee. The date the agreement was approved was 10 November 2025.

10.	ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Jackson's Art Supplies Limited, a company registered in England & Wales.

In the Directors' opinion, there is no party with overall control.