Jomanda Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07382394

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,060,044		1,800,058

			2,060,044		1,800,058
CURRENT ASSETS
Debtors	5	296		80
Cash at bank and in hand		52,721		40,045

		53,017		40,125
Creditors: Amounts Falling Due Within One Year	6	(15,733 )		(11,582 )

NET CURRENT ASSETS (LIABILITIES)			37,284		28,543

TOTAL ASSETS LESS CURRENT LIABILITIES			2,097,328		1,828,601

Creditors: Amounts Falling Due After More Than One Year	7		(796,325 )		(827,454 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(231,547 )		(126,579 )

NET ASSETS			1,069,456		874,568

CAPITAL AND RESERVES
Called up share capital	8		23,900		23,900
Revaluation reserve	9		694,610		539,578
Profit and Loss Account			350,946		311,090

SHAREHOLDERS' FUNDS			1,069,456		874,568

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Jomanda Properties Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Joanne Smith

Director

8th August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jomanda Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07382394 . The registered office is Unit 2, Cristal Business Centre, Ipswich, IP1 4JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	1	1

	1	1

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Jomanda Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 April 2024	1,800,000	1,185	1,801,185
Revaluation	260,000	-	260,000

As at 31 March 2025	2,060,000	1,185	2,061,185

Depreciation
As at 1 April 2024	-	1,127	1,127
Provided during the period	-	14	14

As at 31 March 2025	-	1,141	1,141

Net Book Value
As at 31 March 2025	2,060,000	44	2,060,044

As at 1 April 2024	1,800,000	58	1,800,058

Cost or valuation as at 31 March 2025 represented by:

	Investment Properties	Fixtures & Fittings	Total
	£	£	£
At cost	-	1,185	1,185
At valuation	2,060,000	-	2,060,000

	2,060,000	1,185	2,061,185

The investment properties were revalued by Pauline Scott Property Management to £2,060,000 as at 31 March 2025. The directors consider that the value has not materially altered since that date. The historical cost of the properties was £1,133,855 (2024 £1,133,855).

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	216	-
Other debtors	80	80

	296	80

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Jomanda Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	3,621	3,552
Corporation tax	11,603	7,107
Other taxes and social security	505	230
Net wages	4	400
Accruals and deferred income	-	293

	15,733	11,582

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	54,824	58,514
Directors loan account	741,501	768,940

	796,325	827,454

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	23,900	23,900

9. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	539,578
Investment property revaluation (net of deferred tax)	155,032

As at 31 March 2025	694,610

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