REGISTERED NUMBER: 14721626 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

JPD BROTHERS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W Procter

C Procter

J Procter

REGISTERED OFFICE:

55 Grovelands Road

Palmers Green

London

N13 4RJ

REGISTERED NUMBER:

14721626 (England and Wales)

ACCOUNTANTS:

Braham Noble Denholm & Co.

Rubicon House

Unit 5

Second Way

Wembley

Middlesex

HA9 0YJ

FIXED ASSETS

Investment property

4

704,951

-

CURRENT ASSETS

Stocks

-

545,014

Debtors

172

-

Cash at bank

103

320

275

545,334

CREDITORS

Amounts falling due within one year

708,043

546,224

NET CURRENT LIABILITIES

(707,768

)

(890

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,817

)

(890

)

CAPITAL AND RESERVES

Called up share capital

5

90

90

Retained earnings

6

(2,907

)

(980

)

SHAREHOLDERS' FUNDS

(2,817

)

(890

)

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

C Procter - Director

W Procter - Director

J Procter - Director

1.	STATUTORY INFORMATION

JPD Brothers Ltd 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.

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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 AND DIRECTORS

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

4.	INVESTMENT PROPERTY

In the previous year, costs related to the construction of the property were recorded as work in progress in the Profit and Loss. In the current year, these costs have been reclassified and are now treated as part of an investment property under construction, in line with the company's revised accounting policy.

The company is currently constructing an investment property for rental income. As of year-end date, in the opnion of the directors, the construction is 28% complete, with an expected completion date of September 2026.

Costs directly attributable to the construction of the property, have been capitalised.

The property under construction has been assessed for impairment, and no impairment is recognised at the reporting date.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

90

Ordinary

£1

90

90

6.

RESERVES

Retained

earnings

£

At 1 April 2024

(980

)

Deficit for the year

(1,927

)

At 31 March 2025

(2,907

)

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the members of the Procter family.