L & J Property Developments Limited

L & J Property Developments Limited
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

L & J Property Developments Limited Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Vellender Lewis Accountants Limited 31 March 2025 .................................................... Vellender Lewis Accountants Limited 4 Capricorn Centre Cranes Farm Road Basildon SS14 3JJ 18 December 2025 1

L & J Property Developments Limited
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Vellender Lewis Accountants Limited
31 March 2025

....................................................
Vellender Lewis Accountants Limited
4 Capricorn Centre
Cranes Farm Road
Basildon
SS14 3JJ
18 December 2025

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L & J Property Developments Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	265,021	35,971
		265,021	35,971
Current assets
Stocks		156,892	0
Debtors		18,334	20,000
Cash at bank and in hand		286,413	336,411
		461,639	356,411
Creditors: amount falling due within one year		(291,103)	(264,689)
Net current assets		170,536	91,722

Total assets less current liabilities		435,557	127,693
Creditors: amount falling due after more than one year		(151,357)	(16,595)
Provisions for liabilities		38,871	(6,834)
Net assets		323,071	104,264

Capital and reserves
Called up share capital		500	500
Profit and loss account		322,571	103,764
Shareholders' funds		323,071	104,264

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 18 December 2025 and were signed on its behalf by:

-------------------------------
Joseph Alan Etherton
Director

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L & J Property Developments Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

L & J Property Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 09555656, registration address 4 Capricorn Centre, Cranes Farm Road, Basildon, Essex, SS14 3JJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	15 Reducing Balance
Motor Vehicles	15 Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 7).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Land and Buildings	Total
	£	£	£
At 01 April 2024	73,289	-	73,289
Additions	211,270	54,866	266,136
Disposals	-	-	-
At 31 March 2025	284,559	54,866	339,425
Depreciation
At 01 April 2024	37,318	-	37,318
Charge for year	37,086	-	37,086
On disposals	-	-	-
At 31 March 2025	74,404	-	74,404
Net book values
Closing balance as at 31 March 2025	210,155	54,866	265,021
Opening balance as at 01 April 2024	35,971	-	35,971

The net book value of Land and Buildings includes £ 54,866 in respect of assets leased under finance leases or hire purchase contracts.

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Registered Number: 09555656
England and Wales
L & J PROPERTY DEVELOPMENTS LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025