A&R JONES PROPERTY LIMITED

Company Registration Number:
12340605 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

A&R JONES PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

A&R JONES PROPERTY LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Investments: 3 260,000 260,000
Total fixed assets: 260,000 260,000
Current assets
Cash at bank and in hand: 6,329 5,523
Total current assets: 6,329 5,523
Creditors: amounts falling due within one year: 4 (77,720) (73,254)
Net current assets (liabilities): (71,391) (67,731)
Total assets less current liabilities: 188,609 192,269
Creditors: amounts falling due after more than one year: 5 (148,350) (148,350)
Provision for liabilities: (9,738) (9,738)
Total net assets (liabilities): 30,521 34,181
Capital and reserves
Called up share capital: 20 20
Revaluation reserve:641,51341,513
Profit and loss account: (11,012) (7,352)
Shareholders funds: 30,521 34,181

The notes form part of these financial statements

A&R JONES PROPERTY LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 December 2025
and signed on behalf of the board by:

Name: A I Jones
Status: Director

The notes form part of these financial statements

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents gross rents charged to tenants and are recognised in the period to which they relate.

Valuation and information policy

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised through the profit or loss but are shown separately on the balance sheet as a non-distributable fair value reserve. A transfer is made at the year end from the profit and loss reserve to the fair value reserve for the movement during the year.

Other accounting policies

The tax expense for the period comprises current tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expenses recognised as other comprehensive income is also recognised directly in other comprehensive income. The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Deferred tax is recognised on timing differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. The carrying amounts of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 2 2

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Fixed investments

The value of the investment property at the balance sheet date was £260,000 (2024: 260,000) The investment properties were revalued on 31 March 2025 by the directors who are internal to the company. The valuation was conducted at current open market value. There has been no valuation of the property by an independent valuer. After the balance sheet date, a further investment of £330,000 was made. Other than this purchase, the fair value of the investment properties has not materially changed since the balance sheet date.

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

Other creditors: 2025 £77,720 (2024: 73,254)

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

Loans due after more than one year totalled £148,350 (2024: £148,350). Amounts due after 5 years (not by instalments) totalled £148,350 (2024: £148,350). The loans due after one year are due in full in 2045. The borrowings are secured against the company's investment properties. The loan has also been personally guaranteed by the company directors. After the balance sheet date, a further loan of £247,000 was entered into. These borrowings are secured against an investment property purchased after the year end, and has been personally guaranteed by the directors.

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Revaluation reserve

2025
£
Balance at 01 April 2024 41,513
Surplus or deficit after revaluation 0
Balance at 31 March 2025 41,513

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Loans to directors

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

8. Related party transactions

Name of the related party: AI Jones & RV Jones
Relationship:
Directors
Description of the Transaction: The company is controlled by AI Jones & RV Jones. The director have given personal guarantees against the company's long term mortgage loans. At the balance sheet date, the company owed the directors £77,720 (2024: £73,254) through a directors loan account.
£
Balance at 01 April 2024 77,720
Balance at 31 March 2025 73,254

A&R JONES PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

9. Post balance sheet events

On 30 June 2025 the company entered into a contract to purchase an investment property from AI Jones & RV Jones (the directors). The transacted price was £330,000 with the value of the property being affirmed by way of a valuation from a qualified external party at the point of purchase. The purchase of this property was partially funded by a £247,000 loan that has been personally guaranteed by the directors. This loan has no amounts due by instalment, and the full amount is due more than 5 years after the balance sheet date.