REGISTERED NUMBER: 02753165 (England and Wales)

N.J. FRANCIS (HOLDINGS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

5,703

5,855

Investment property

5

804,396

804,396

810,099

810,251

CURRENT ASSETS

Debtors

6

11,870

11,806

Cash at bank

509,727

633,911

521,597

645,717

CREDITORS

Amounts falling due within one year

7

5,441

20,798

NET CURRENT ASSETS

516,156

624,919

TOTAL ASSETS LESS CURRENT LIABILITIES

1,326,255

1,435,170

PROVISIONS FOR LIABILITIES

8

144

NET ASSETS

1,326,247

1,435,026

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

1,321,247

1,430,026

1,326,247

1,435,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

S Francis - Director

1.	STATUTORY INFORMATION

N.J. Francis (Holdings) 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:

02753165

Registered office:

6-7 Castle Gate

Castle Street

Hertford

Hertfordshire

SG14 1HD

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.

Improvements to property

-

Straight line over 2 to 10 years

Plant and machinery etc.

-

Reducing balance over 5 years

Property improvements are not depreciated year-on-year, but their value is considered when the property is sold.

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 Profit and Loss Account, 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Plant and

to

machinery

property

etc.

Totals

£

£

£

COST

At 6 April 2024

and 5 April 2025

5,096

1,819

6,915

DEPRECIATION

At 6 April 2024

-

1,060

1,060

Charge for year

-

152

152

At 5 April 2025

-

1,212

1,212

NET BOOK VALUE

At 5 April 2025

5,096

607

5,703

At 5 April 2024

5,096

759

5,855

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

and 5 April 2025

804,396

NET BOOK VALUE

At 5 April 2025

804,396

At 5 April 2024

804,396

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

11,870

11,806

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,844

2,845

Other creditors

2,597

17,953

5,441

20,798

8.	RELATED PARTY DISCLOSURES

During the year the directors lent money to the company with no set repayment date and no interest charged. At the year end the amount owing to the directors by the company was £197 (2024: £15,553).

Also during the year, dividends of £34,500 each were paid to Mr S J Francis and Mrs A L Francis (2024: £45,000 each to Mr S J Francis and Mrs. A L Francis) who are shareholders and directors.

9.	CONTROLLING PARTY

The company is controlled by the two directors.