JP&PS PROPERTIES LTD

Company Registration Number:
13226793 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

JP&PS PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

JP&PS PROPERTIES LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Investments: 3 1,250,000 875,000
Total fixed assets: 1,250,000 875,000
Current assets
Debtors: 4 5,436 1,921
Cash at bank and in hand: 91,204 4,955
Total current assets: 96,640 6,876
Creditors: amounts falling due within one year: 5 (14,638) (8,701)
Net current assets (liabilities): 82,002 (1,825)
Total assets less current liabilities: 1,332,002 873,175
Creditors: amounts falling due after more than one year: 6 (1,123,857) (725,018)
Provision for liabilities: (29,428) (21,153)
Total net assets (liabilities): 178,717 127,004
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 178,617 126,904
Shareholders funds: 178,717 127,004

The notes form part of these financial statements

JP&PS PROPERTIES LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 November 2025
and signed on behalf of the board by:

Name: Peter Stanley
Status: Director

The notes form part of these financial statements

JP&PS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises revenue recognised by the company in respect of property rents and maintenance fees received during the period, exclusive of Value added Tax and trade discounts.

Valuation and information policy

Investment property is carried at fair value determined annually by the director, and external valuers where necessary, 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. Changes in fair value are recognised in profit and loss.

JP&PS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 2 2

JP&PS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Fixed investments

Fixed asset investments consist of investment properties. The brought forward value was £875,000, during the period there were additions of £347,770 and the carrying value as at 31st March 2025 was £1,250,000.

JP&PS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 5,436 1,921

JP&PS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

The creditor amount falling due within one year consists of a Corporation Tax creditor of £7,684 (£4,999 - 2024) and Accruals and Deferred Income creditor of £6,954 (£3,702 - 2024).

JP&PS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

The creditor amount falling due after one year, consists of a Directors Loan for the amount of £581,904 (£429,218 - 2024) and Bank Loans for the amount of £541,953 (£295,800 - 2024).

JP&PS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Financial commitments

The financial commitments, consists of Bank Loans, amount falling due after 5 years, for the amount of £541,953 (295,800 - 2024).