JAZMINE PROPERTIES LIMITED


Director	JIVRAJ, Zabeen


Company Secretary	JIVRAJ, Zahra Arif


Registered Address	Suite 201 Moda Business Centre
	Stirling Way
	Borehamwood
	WD6 2BW


Registered Number	13263185 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		369,387		369,387
			369,387		369,387
Current assets
Debtors	4	100		100
Cash at bank and on hand		25,734		38,394
		25,834		38,494
Creditors amounts falling due within one year	5	(171,969)		(171,970)
Net current assets (liabilities)			(146,135)		(133,476)
Total assets less current liabilities			223,252		235,911
Creditors amounts falling due after one year	6		(248,500)		(248,500)
Net assets			(25,248)		(12,589)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(25,348)		(12,689)
Shareholders' funds			(25,248)		(12,589)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 24 December 2025, and are signed on its behalf by:

JIVRAJ, Zabeen
Director
Registered Company No. 13263185

JAZMINE PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under historical cost convention modified to include freehold properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The financial statements have been prepared on a going concern basis even though at the balance sheet date the company's net liabilities exceeded its net assets by £25,249 (2024: £12,590). After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements

Going concern

The financial statements have been prepared on a going concern basis even though at the balance sheet date the company's net liabilities exceeded its net assets by £25,249 (2024: £12,590). After reviewing the company's forecasts and projections, the directors have a reasonable expectation
that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements

	Turnover policy
	Turnover represents the rent receivable in the period. Income is recognised to the period to which it relates.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Investment property
	Investment property which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss account.

	Financial instruments
	Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial instruments

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Investment property
	In the opinion of the director, the market value of the other property is not materially different to the carrying value in the accounts as the balance sheet date.


		£
	Fair value at 01 April 24	369,387
	At 31 March 25	369,387

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	100	100
Total	100	100

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	170,949	170,950
Accrued liabilities and deferred income	1,020	1,020
Total	171,969	171,970

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	248,500	248,500
Total	248,500	248,500


	Included within creditors falling due after more than one year is £248,500 (2024: £248,500) is a bank loan secured by first legal charge over investment properties of the company.

7.	Related party transactions
	Included in other creditors falling due within one year is an amount of £170,950 (2024: £170,950) due to family members of the director. The company has leased its investment property to ZAF Ambitions Ltd for £1,400 (2024:£12,000), a company owned by family members of the director.