REGISTERED NUMBER: 03707430 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JUSTACE UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Makin

Ms B M Sumner

REGISTERED OFFICE:

Manor Farm

1 Church Street

Swepstone

Leicestershire

LE67 2SA

REGISTERED NUMBER:

03707430 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Investments

4

2,230,963

2,197,961

Investment property

5

900,000

900,000

3,130,963

3,097,961

CURRENT ASSETS

Cash at bank and in hand

23,513

94,472

CREDITORS

Amounts falling due within one year

6

1,010,933

1,024,439

NET CURRENT LIABILITIES

(987,420

)

(929,967

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,143,543

2,167,994

PROVISIONS FOR LIABILITIES

68,700

80,600

NET ASSETS

2,074,843

2,087,394

CAPITAL AND RESERVES

Called up share capital

7

2

2

Revaluation reserve

8

211,760

211,760

Retained earnings

8

1,863,081

1,875,632

SHAREHOLDERS' FUNDS

2,074,843

2,087,394

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 directors acknowledge their 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 Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

N Makin - Director

1.	STATUTORY INFORMATION

Justace UK 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 invoiced rents receivable excluding value added tax. Rents invoiced in advance are recorded as deferred income and are included as part of creditors due within one year.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or 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.

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 or deferred taxation assets and liabilities are not discounted.

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.

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.

3.

EMPLOYEES

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

2,197,961

Additions

203,797

Disposals

(132,342

)

Fair value adjustment

(38,453

)

At 31 March 2025

2,230,963

NET BOOK VALUE

At 31 March 2025

2,230,963

At 31 March 2024

2,197,961

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

900,000

NET BOOK VALUE

At 31 March 2025

900,000

At 31 March 2024

900,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

3,100

Taxation and social security

1,453

12,861

Other creditors

1,009,480

1,008,478

1,010,933

1,024,439

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

1,875,632

211,760

2,087,392

Deficit for the year

(12,551

)

(12,551

)

At 31 March 2025

1,863,081

211,760

2,074,841

I