Jay Lettings Limited

Jay Lettings Limited
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Jay Lettings Limited Accountants' Report For the year ended 31 March 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Jay Lettings Limited for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Jay Lettings Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companies accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Jay Lettings Limited, as a body, in accordance with the terms of our engagement letter dated 10 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of Jay Lettings Limited and state those matters that we have agreed to state to the Board of Directors of Jay Lettings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jay Lettings Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Jay Lettings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Jay Lettings Limited. You consider that Jay Lettings Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Jay Lettings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 March 2025 .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough United Kingdom PE1 2DU 10 December 2025 1

Jay Lettings Limited
Accountants' Report
For the year ended 31 March 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Jay Lettings Limited for the year ended 31 March 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Jay Lettings Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companies accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Jay Lettings Limited, as a body, in accordance with the terms of our engagement letter dated 10 December 2025.

Our work has been undertaken solely to prepare for your approval the accounts of Jay Lettings Limited and state those matters that we have agreed to state to the Board of Directors of Jay Lettings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jay Lettings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Jay Lettings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Jay Lettings Limited.

You consider that Jay Lettings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Jay Lettings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2025

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
10 December 2025

1

Jay Lettings Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	3,117,674	2,714,024
		3,117,674	2,714,024
Current assets
Debtors		29,903	136,633
Cash at bank and in hand		262,996	15,756
		292,899	152,389
Creditors: amount falling due within one year		(374,149)	(242,704)
Net current assets		(81,250)	(90,315)

Total assets less current liabilities		3,036,424	2,623,709
Creditors: amount falling due after more than one year		(2,489,414)	(2,015,888)
Provisions for liabilities		(41,047)	(3,547)
Net assets		505,963	604,274

Capital and reserves
Called up share capital	5	249,646	249,646
Revaluation Reserves		112,500	0
Profit and loss account		143,817	354,628
Shareholders' funds		505,963	604,274

For the year ended 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 accounts for the year in question 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 accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 10 December 2025 and were signed on its behalf by:

-------------------------------
Jesus Munoz Orozco
Director

2

Jay Lettings Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Jay Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 05997136, registration address Unit 216 C/O Assets For Life Waterhouse Business Centre, 2 Cromar Way, Chelmsford, England, CM1 2QE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	25% Reducing Balance

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees including directors Average number of employees during the year was 2 (2024 : 2).

3.

Financial Commitments, Guarantees and Contingencies

The company has future lease agreements for a further 24 months

Particulars		Current £
Telsa lease agreement due within 1 year		7,036
Telsa lease agreement due in more than 1 year		7,036

4.

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	2,699,836	18,551	3,246	2,721,633
Additions	255,316	-	1,592	256,908
Disposals	-	-	-	-
Revaluations	150,000	-	-	150,000
At 31 March 2025	3,105,152	18,551	4,838	3,128,541
Depreciation
At 01 April 2024	-	4,820	2,789	7,609
Charge for year	-	2,746	512	3,258
On disposals	-	-	-	-
At 31 March 2025	-	7,566	3,301	10,867
Net book values
Closing balance as at 31 March 2025	3,105,152	10,985	1,537	3,117,674
Opening balance as at 01 April 2024	2,699,836	13,731	457	2,714,024

5.

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
124,823 Class A shares of £1.00 each	124,823	124,823
124,823 Class B shares of £1.00 each	124,823	124,823
	249,646	249,646

3

Registered Number: 05997136
England and Wales
JAY LETTINGS LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025