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REGISTERED NUMBER: 12532252 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

JALAKAR PROPERTY LIMITED

JALAKAR PROPERTY LIMITED (REGISTERED NUMBER: 12532252) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| JALAKAR PROPERTY LIMITED |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | R T Norris

| K Norris

| SECRETARY: |

| REGISTERED OFFICE: | Unit 15, No. 2

| Bulrushes Business Park

| Coombe Hill Road

| East Grinstead

| West Sussex

| RH19 4LZ

| REGISTERED NUMBER: | 12532252 (England and Wales)

| ACCOUNTANTS: | Hockley Wright & Co. Ltd.

| Unit 15, No. 2

| Bulrushes Business Park

| Coombe Hill Road

| East Grinstead

| West Sussex

| RH19 4LZ

JALAKAR PROPERTY LIMITED (REGISTERED NUMBER: 12532252) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 43,311 |  | 48,574 |  |

Investment property | 6 | 2,000,000 |  | 2,000,000 |  |

2,043,311 |  | 2,048,574 |  |

CURRENT ASSETS

Cash at bank | 50,709 |  | 23,125 |  |

CREDITORS

Amounts falling due within one year | 7 | 26,259 |  | 25,770 |  |

NET CURRENT ASSETS/(LIABILITIES) | 24,450 |  | (2,645 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,067,761 |  | 2,045,929 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 2,147,653 |  | 2,147,653 |  |

NET LIABILITIES | (79,892 | ) | (101,724 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | (79,992 | ) | (101,824 | ) |

SHAREHOLDERS' FUNDS | (79,892 | ) | (101,724 | ) |

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 17 November 2025 and were signed on its behalf by:

R T Norris - Director

JALAKAR PROPERTY LIMITED (REGISTERED NUMBER: 12532252) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Jalakar Property 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. | 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. There have been no material departures from FRS102.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Tangible fixed assets

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

| Motor vehicles | - | 10% on reducing balance

| Computer equipment | - | 25% 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 , if material, 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.

| Going concern

| The company is dependent on support from the director, who is the main creditor of the company. The director has confirmed continued support and thus there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

JALAKAR PROPERTY LIMITED (REGISTERED NUMBER: 12532252) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 52,040 |  | 2,317 |  | 54,357 |  |

| DEPRECIATION

| At 1 April 2024 | 5,204 |  | 579 |  | 5,783 |  |

| Charge for year | 4,684 |  | 579 |  | 5,263 |  |

| At 31 March 2025 | 9,888 |  | 1,158 |  | 11,046 |  |

| NET BOOK VALUE

| At 31 March 2025 | 42,152 |  | 1,159 |  | 43,311 |  |

| At 31 March 2024 | 46,836 |  | 1,738 |  | 48,574 |  |

6. | INVESTMENT PROPERTY

| The fair value of the investment property has been arrived at on the basis of a valuation carried out on 5th September 2022 by Brian Gale and Associates, Chartered Surveyors, who are not connected with the Company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

| Cost or valuation at 31 March 2025 is represented by:

£ |

| Valuation in 2022 | 2,000,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

| 31.3.25 |  | 31.3.24

£ | £ |

| Cost | 2,107,124 |  | 2,107,124 |  |

| Investment property was valued on an open market basis on 5 September 2022 by Brian Gale & Associates .

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Taxation and social security | 5,309 |  | 3,332 |  |

| Other creditors | 20,950 |  | 22,438 |  |

26,259 |  | 25,770 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Other creditors | 2,147,653 |  | 2,147,653 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

JALAKAR PROPERTY LIMITED (REGISTERED NUMBER: 12532252) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

10. | RELATED PARTY DISCLOSURES

| At the year end the Company owed £2,166,029 (2023/24 £2,167,518) to the directors. The loan is interest free and has no fixed date of repayment.

11. | ULTIMATE CONTROLLING PARTY

| In the opinion of the director, Jalakar Property Limited is the Ultimate Controlling Party. The Company is controlled by its director R T Norris, by virtue of the fact that they own 80% of all of the Company's ordinary issued share capital.