JINGLENOOK LTD


Directors	MACMILLAN, Geraldine
	MACMILLAN, Stuart


Registered Address	83 Stonegate Road
	Leeds
	LS6 4HZ


Registered Number	11270720 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		749,719		934,508
			749,719		934,508
Current assets
Debtors	5,6	36,231		16,333
Cash at bank and on hand		2,269		29,547
		38,500		45,880
Creditors amounts falling due within one year	7	(14,514)		(11,358)
Net current assets (liabilities)			23,986		34,522
Total assets less current liabilities			773,705		969,030
Creditors amounts falling due after one year	8		(971,539)		(1,118,863)
Net assets			(197,834)		(149,833)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(197,934)		(149,933)
Shareholders' funds			(197,834)		(149,833)

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 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 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 Board of Directors on 17 September 2025, and are signed on its behalf by:

MACMILLAN, Stuart
Director
Registered Company No. 11270720

JINGLENOOK LTD

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.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognized 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.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognized to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Investment property
	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 recognized in the income statement.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 April 24	934,508	934,508
Disposals	(184,789)	(184,789)
At 31 March 25	749,719	749,719
Net book value
At 31 March 25	749,719	749,719
At 31 March 24	934,508	934,508


	Sale of on property

4.	Investment property
	Sale of one property, bringing a loss of £39,789

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,945	-
Prepayments and accrued income	1,079	1,340
Total	3,024	1,340


	Trade Debtors: Related to tenant deposits held in custodial schemes and due from tenants.

6.	Debtors: amounts due after one year

	2025	2024
	£	£
Trade debtors / trade receivables	5,227	-
Amounts owed by associates and joint ventures / participating interests	27,980	-
Other debtors	-	14,992
Total	33,207	14,992


	Trade Debtors: Related to tenant deposits held in custodial schemes and due from tenants. Jinglenook Ltd and Definitive Ltd are companies under the control by Stuart MacMillan (Director). The following balances were owed by Jinglenook Ltd to Definitive Ltd as at 31.03.25: £27,980.

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,945	-
Bank borrowings and overdrafts	2,544	2,500
Accrued liabilities and deferred income	10,025	8,858
Total	14,514	11,358


	Trade Creditors: Tenant deposits held on behalf of tenants and payable upon tenancy termination, subject to conditions.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	651,946	133,911
Bank borrowings and overdrafts	14,587	520,952
Amounts owed to related parties	305,006	464,000
Total	971,539	1,118,863


	Mapping discrepancy following the move to new software. Trade payables balance actually relates entirely to bank loans.

9.	Secured creditors
	Of the creditors falling due within and after more than one year the following amounts are secured with a negative pledge by One savings Bank PLC against four of its investment properties: Rydal St, Ivy St, Lady Pit Lane and Almondbury Bank. There is also a charge against 38 Victoria Road that contains a fixed charge with a negative pledge by Fleet Mortgages Limited. In addition to the above, there is also a charge against Devonshire St and Florist St that contains a fixed charge with a negative pledge by Landbay Partners Limited. All are outstanding.

Secured creditors

Of the creditors falling due within and after more than one year the following amounts are secured with a negative pledge by One savings Bank PLC against four of its investment properties: 
Rydal St, Ivy St, Lady Pit Lane and Almondbury Bank. 

There is also a charge against 38 Victoria Road that contains a fixed charge with a negative pledge by Fleet Mortgages Limited. 

In addition to the above, there is also a charge against Devonshire St and Florist St that contains a fixed charge with a negative pledge by Landbay Partners Limited. 

All are outstanding.

10.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
MACMILLAN, Stuart	14,980	8,988	14,980	8,988
	14,980	8,988	14,980	8,988