Silverfin false false 31/03/2025 01/04/2024 31/03/2025 L Johannsen 01/04/2015 A Johannsen 01/04/2015 01 December 2025 The principal activity of the Company during the financial year was that of an investment company. 09521371 2025-03-31 09521371 bus:Director1 2025-03-31 09521371 bus:Director2 2025-03-31 09521371 2024-03-31 09521371 core:CurrentFinancialInstruments 2025-03-31 09521371 core:CurrentFinancialInstruments 2024-03-31 09521371 core:ShareCapital 2025-03-31 09521371 core:ShareCapital 2024-03-31 09521371 core:RetainedEarningsAccumulatedLosses 2025-03-31 09521371 core:RetainedEarningsAccumulatedLosses 2024-03-31 09521371 core:InvestmentPropertyIncludedWithinPPE 2024-03-31 09521371 core:InvestmentPropertyIncludedWithinPPE 2025-03-31 09521371 2024-04-01 2025-03-31 09521371 bus:FilletedAccounts 2024-04-01 2025-03-31 09521371 bus:SmallEntities 2024-04-01 2025-03-31 09521371 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09521371 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09521371 bus:Director1 2024-04-01 2025-03-31 09521371 bus:Director2 2024-04-01 2025-03-31 09521371 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: 09521371 (England and Wales)

# JOHANNSEN PROPERTIES LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

JOHANNSEN PROPERTIES LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

JOHANNSEN PROPERTIES LIMITED

## BALANCE SHEET

As at 31 March 2025
JOHANNSEN PROPERTIES LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 265,533 |  | 265,533
|  | 265,533 |  | 265,533
Current assets |  |  |  |
Cash at bank and in hand |  | 83 |  | 40
|  | 83 |  | 40
Creditors: amounts falling due within one year | 4 | ( 189,027) |  | ( 204,225)
Net current liabilities |  | (188,944) |  | (204,185)
Total assets less current liabilities |  | 76,589 |  | 61,348
Net assets |  | 76,589 |  | 61,348
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | 76,489 |  | 61,248
Total shareholders' funds |  | 76,589 |  | 61,348

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A – small entities.

The financial statements of Johannsen Properties Limited (registered number: 09521371) were approved and authorised for issue by the Board of Directors on 01 December 2025. They were signed on its behalf by:

L Johannsen Director |  | A Johannsen Director

JOHANNSEN PROPERTIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
JOHANNSEN PROPERTIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Johannsen Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rental income in the normal course of business. The company recognises revenue when: the amount of rent can be reliably measured; It is confirmed that the rent is due to the entity.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property | not depreciated

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Tangible assets

| Investment property |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 265,533 |  | 265,533
At 31 March 2025 | 265,533 |  | 265,533
Accumulated depreciation |  |  |
At 01 April 2024 | 0 |  | 0
At 31 March 2025 | 0 |  | 0
Net book value |  |  |
At 31 March 2025 | 265,533 |  | 265,533
At 31 March 2024 | 265,533 |  | 265,533

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 3,810 |  | 2,361
Other creditors | 185,217 |  | 201,864
| 189,027 |  | 204,225