REGISTERED NUMBER: 11166254 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NJS PROPERTY PORTFOLIO LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N J Smith

REGISTERED OFFICE:

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

REGISTERED NUMBER:

11166254 (England and Wales)

ACCOUNTANTS:

Thompsons Accountancy Services Ltd

2 Manor Farm Court Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

5

630,000

630,000

CURRENT ASSETS

Debtors

6

257

69

Cash at bank

3,159

2,268

3,416

2,337

CREDITORS

Amounts falling due within one year

7

11,788

3,325

NET CURRENT LIABILITIES

(8,372

)

(988

)

TOTAL ASSETS LESS CURRENT LIABILITIES

621,628

629,012

CREDITORS

Amounts falling due after more than one year

8

517,144

524,002

NET ASSETS

104,484

105,010

CAPITAL AND RESERVES

Called up share capital

140

140

Revaluation reserve

10

98,328

98,328

Retained earnings

6,016

6,542

104,484

105,010

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 his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 December 2025 and were signed by:

N J Smith - Director

1.	STATUTORY INFORMATION

NJS Property Portfolio 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

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

Freehold property

-

in accordance with the property

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

630,000

NET BOOK VALUE

At 31 March 2025

630,000

At 31 March 2024

630,000

Cost or valuation at 31 March 2025 is represented by:

Land and

buildings

£

Valuation in 2022

68,328

Valuation in 2024

30,000

Cost

531,672

630,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

531,672

531,672

The investment property was valued on the open market basis on 31 March 2022 by Mr NJ Smith a Director at £600,000 .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

69

Prepayments

257

-

257

69

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

3,400

-

Amounts owed to group undertakings

1,550

-

Tax

2,809

1,327

Other creditors

1,948

256

Directors' current accounts

341

84

Accrued expenses

1,740

1,658

11,788

3,325

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loan - BM

132,371

132,371

Other loan - Metro

3,537

10,347

Other loan - Precise Mortgages

381,236

381,284

517,144

524,002

9.	SECURED DEBTS

The mortgage advance from Precise Mortgages is secured by way of a legal charge on the company's freehold property.

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

98,328