REGISTERED NUMBER: 09647968 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

FCJ PROPERTIES LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

2,888

4,514

Investment property

5

2,914,688

2,638,445

2,917,576

2,642,959

CURRENT ASSETS

Debtors

-

500

Cash at bank

20,950

106,249

20,950

106,749

CREDITORS

Amounts falling due within one year

115,198

111,137

NET CURRENT LIABILITIES

(94,248

)

(4,388

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,823,328

2,638,571

CREDITORS

Amounts falling due after more than one year

6

(2,092,101

)

(2,041,383

)

PROVISIONS FOR LIABILITIES

(722

)

(1,129

)

NET ASSETS

730,505

596,059

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

730,405

595,959

730,505

596,059

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 15 December 2025 and were signed on its behalf by:

F Chand - Director

1.	STATUTORY INFORMATION

Fcj Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09647968

Registered office:

Unit 80 Middlemore Business Park

Middlemore Road

Smethwick

West Midlands

B66 2EP

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.

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.

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.

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.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

10,840

DEPRECIATION

At 1 April 2024

6,326

Charge for year

1,626

At 31 March 2025

7,952

NET BOOK VALUE

At 31 March 2025

2,888

At 31 March 2024

4,514

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,651,704

Additions

290,956

At 31 March 2025

2,942,660

DEPRECIATION

At 1 April 2024

13,259

Charge for year

14,713

At 31 March 2025

27,972

NET BOOK VALUE

At 31 March 2025

2,914,688

At 31 March 2024

2,638,445

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable otherwise than by instalments

F. Chand & Co Ltd

8,208

120,000

Repayable by instalments

Lloyds Bounce Back loan

1,067

7,467

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

F Chand and Mrs S P Kaur

Balance outstanding at start of year

(621,389

)

(686,389

)

Amounts advanced

79,104

65,000

Amounts repaid

(39,956

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(582,241

)

(621,389

)

R K Jackhu and R K Jackhu

Balance outstanding at start of year

(621,390

)

(686,390

)

Amounts advanced

79,104

65,000

Amounts repaid

(39,955

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(582,241

)

(621,390

)

8.	RELATED PARTY DISCLOSURES

The long term liability due to F. Chand & Co Ltd £8,208 (£120,000 in 2024) and £270,00 is due to FCJ(Holdings) Ltd £8,208 ( Nil in 2024) are related party transactions with no terms attached.