ACCOUNTS - Final Accounts preparation

Registered number: 12747446

JARVIS LAND PROMOTIONS LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2025

JARVIS LAND PROMOTIONS LTD

COMPANY INFORMATION

Directors	C R Jarvis
	J J Bateman


Registered number	12747446


Registered office	Hill View House
	The Hill
	Cranbrook
	Kent
	TN17 3AD


Accountants	Creasey Son & Wickenden
	Chartered Accountants
	Hearts of Oak House
	4 Pembroke Road
	Sevenoaks
	Kent
	TN13 1XR

JARVIS LAND PROMOTIONS LTD

CONTENTS

	Page
Balance sheet	1
Notes to the financial statements	2 - 5

JARVIS LAND PROMOTIONS LTD

REGISTERED NUMBER: 12747446

BALANCE SHEET

AS AT 30 JUNE 2025

		2025		2024
Note		£		£


Current assets
Stocks		281,013		1,133,059
Debtors: amounts falling due within one year	4	56,490		2,110
Cash at bank and in hand	5	280,977		91,689
		618,480		1,226,858
Creditors: amounts falling due within one year	6	(348,509)		(1,035,202)
Net current assets			269,971		191,656

Net assets			269,971		191,656

Capital and reserves
Called up share capital	100	100
Profit and loss account	269,871	191,556
	269,971	191,656

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 December 2025.

C R Jarvis

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

JARVIS LAND PROMOTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Jarvis Land Promotions Limited ("the company") is limited by shares, domiciled and incorporated in England. The address of its registered office is Ground Floor Front Office, Hill View House, The Hill, Cranbrook, Kent, TN17 3AD.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

These financial statements are prepared and presented in pound Sterling. Values are rounded to the nearest £1. They present information for this company alone.

The following principal accounting policies have been applied:

2.2

Going concern

The company acquires land or options over land and seeks planning permission. The company is funded by its shareholders by way of loans. The company has a number of ongoing planning projects and the directors consider it appropriate to prepare accounts on the basis that the company is a going concern.

Page 2

JARVIS LAND PROMOTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

JARVIS LAND PROMOTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.11

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.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4

JARVIS LAND PROMOTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	42,548	2,010
Other debtors	13,942	100
	56,490	2,110

5.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	280,977	91,689

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	(824)	28,674
Amounts owed to group undertakings	-	912,933
Corporation tax	346,333	86,206
Other taxation and social security	-	3,389
Accruals and deferred income	3,000	4,000
	348,509	1,035,202

7.	Controlling party

The parent company is Jarvis Properties Limited, a company registered in England and Wales. It's registered office and principal place of business is:

Hill View House
The Hill
Cranbrook
Kent
TN17 3AD

Page 5