ACCOUNTS - Final Accounts preparation

Company registration number: 14690077

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	JECTUS PROPERTIES 2 LIMITED


JECTUS PROPERTIES 2 LIMITED

COMPANY INFORMATION

Directors	E Leach
	J Leach


Registered number	14690077


Registered office	50 Lower Ham Road
	Kingston-Upon-Thames
	Greater London
	KT2 5AW


Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


JECTUS PROPERTIES 2 LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


JECTUS PROPERTIES 2 LIMITED REGISTERED NUMBER:14690077

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		9,814		13,086
Investment property	5		620,643		620,643
			630,457		633,729
Current assets
Debtors: amounts falling due within one year	6	5,283		-
Cash at bank and in hand		22,418		13,772
		27,701		13,772
Creditors: amounts falling due within one year	7	(658,147)		(655,215)
Net current liabilities			(630,446)		(641,443)
Total assets less current liabilities			11		(7,714)

Net assets/(liabilities)			11		(7,714)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(89)	(7,814)
	11	(7,714)

Page 1


JECTUS PROPERTIES 2 LIMITED REGISTERED NUMBER:14690077

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

E Leach

Director

Date: 22 December 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


JECTUS PROPERTIES 2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Jectus Properties 2 Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office and principal place of business is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

At the balance sheet date of 31 March 2025 the company shows a sufficiency of total assets over total liabilities of £11 (2024: net liabilties of £7,714). The company foresees the ongoing benefit of the acquisition of the property will be realised in subsequent years. Due to the ongoing support of the directors, and expectation regarding future trading performance, the company expects to meet its liabilities as they fall due, the company has prepared its financial statements on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is generated via rental income and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3


JECTUS PROPERTIES 2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings

25%

Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Investment property

Investment property is carried at fair value determined annually by external valuers or the directors 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 or loss.

2.7

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4


JECTUS PROPERTIES 2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost or valuation
	At 1 April 2024	16,530
	At 31 March 2025	16,530
	Depreciation
	At 1 April 2024	3,444
	Charge for the year on owned assets	3,272
	At 31 March 2025	6,716
	Net book value
	At 31 March 2025	9,814

5.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 April 2024	620,643
	At 31 March 2025	620,643

The 2025 valuations were made by the directors, on an open market value for existing use basis.

Page 5


JECTUS PROPERTIES 2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Trade debtors	4,833	-
Other debtors	450	-
	5,283	-

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	2,579	242
Other creditors	650,818	650,473
Accruals and deferred income	4,750	4,500
	658,147	655,215

Page 6