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Registered number: 12248922
LLJASE LTD
Unaudited Financial Statements
For The Year Ended 31 October 2025
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12248922
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,083 9,988
Investment Properties 5 816,274 816,274
824,357 826,262
CURRENT ASSETS
Debtors 6 19 19
Cash at bank and in hand 5,813 6,407
5,832 6,426
Creditors: Amounts Falling Due Within One Year 7 (561,680 ) (582,228 )
NET CURRENT ASSETS (LIABILITIES) (555,848 ) (575,802 )
TOTAL ASSETS LESS CURRENT LIABILITIES 268,509 250,460
Creditors: Amounts Falling Due After More Than One Year 8 (340,014 ) (341,010 )
NET LIABILITIES (71,505 ) (90,550 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (71,605 ) (90,650 )
SHAREHOLDERS' FUNDS (71,505) (90,550)
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jason Yap
Director
16/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
LLJASE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12248922 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% reducing balance basis
Computer Equipment 25% straight line basis
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2024 13,824 2,387 16,211
Additions - 654 654
Disposals - (548 ) (548 )
As at 31 October 2025 13,824 2,493 16,317
...CONTINUED
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Depreciation
As at 1 November 2024 4,606 1,617 6,223
Provided during the period 1,843 580 2,423
Disposals - (412 ) (412 )
As at 31 October 2025 6,449 1,785 8,234
Net Book Value
As at 31 October 2025 7,375 708 8,083
As at 1 November 2024 9,218 770 9,988
5. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 816,274
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 19 19
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Director's loan account 561,680 582,228
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 340,014 341,010
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 340,014 341,010
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
11. Ultimate Controlling Party
The company's ultimate controlling party is Jason Tian-Keat Yap by virtue of his ownership of 81% of the issued share capital in the company.
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