REGISTERED NUMBER: 00634106 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JOHN KINGSLAKE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs B J Kingslake

SECRETARY:

Mrs B J Kingslake

REGISTERED OFFICE:

Laurel Cottage

3A Main Street

Whittington

Lichfield

Staffordshire

WS14 9JU

REGISTERED NUMBER:

00634106 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

637

284

Investments

5

1,337,908

1,320,099

Investment property

6

1,020,000

1,020,000

2,358,545

2,340,383

CURRENT ASSETS

Debtors

7

7,934

269,449

Cash at bank and in hand

564,791

92,169

572,725

361,618

CREDITORS

Amounts falling due within one year

8

195,666

6,700

NET CURRENT ASSETS

377,059

354,918

TOTAL ASSETS LESS CURRENT LIABILITIES

2,735,604

2,695,301

PROVISIONS FOR LIABILITIES

243,500

251,800

NET ASSETS

2,492,104

2,443,501

CAPITAL AND RESERVES

Called up share capital

9

4,200

4,200

Revaluation reserve

10

621,385

621,385

Capital redemption reserve

10

19,290

19,290

Retained earnings

10

1,847,229

1,798,626

SHAREHOLDERS' FUNDS

2,492,104

2,443,501

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 director acknowledges her 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2025 and were signed by:

Mrs B J Kingslake - Director

1.	STATUTORY INFORMATION

John Kingslake 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover

Turnover represents net rents receivable, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

20% reducing balance

Investment property

Investment property values are reviewed annually. Any aggregate surplus or deficit arising from charges in fair value is dealt with through profit and loss.

Fixed asset investments

Investments are included at fair value. Listed investments are valued at their market value at the balance sheet date and any changes in their fair value between the previous year end or acquisition, as applicable are recognised in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 year end and that are expected to apply to the reversal of the timing difference.

3.

EMPLOYEES

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

4,930

Additions

512

At 31 March 2025

5,442

DEPRECIATION

At 1 April 2024

4,646

Charge for year

159

At 31 March 2025

4,805

NET BOOK VALUE

At 31 March 2025

637

At 31 March 2024

284

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

1,320,099

Additions

114,178

Disposals

(116,731

)

Change in value during the

year

20,362

At 31 March 2025

1,337,908

NET BOOK VALUE

At 31 March 2025

1,337,908

At 31 March 2024

1,320,099

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,020,000

NET BOOK VALUE

At 31 March 2025

1,020,000

At 31 March 2024

1,020,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,292

8,706

Other debtors

642

260,743

7,934

269,449

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

6,522

-

Other creditors

189,144

6,700

195,666

6,700

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4,200

Ordinary

£1

4,200

4,200

10.

RESERVES

Capital

Retained

Revaluation

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1 April 2024

1,798,626

621,385

19,290

2,439,301

Profit for the year

48,603

48,603

At 31 March 2025

1,847,229

621,385

19,290

2,487,904

Included in retained earnings are non-distributable reserves of £48,500 (2024 - £48,500).

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is £49,100 due to the director (2024 - £259,513 in other debtors due from a director. Interest of £1,698 (2024 - £4,549) has been charged at the applicable beneficial loan rate on amounts owed. There are no fixed repayment terms.