REGISTERED NUMBER: 07760378 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

JJL INTERIORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J J Liebenberg

REGISTERED OFFICE:

190 Southcroft Road

Tooting

London

SW17 9TW

REGISTERED NUMBER:

07760378 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Investment property

4

1,012,500

767,871

CURRENT ASSETS

Debtors

5

8,509

4,453

Investments

6

91,572

88,291

Cash at bank

26,188

3,481

126,269

96,225

CREDITORS

Amounts falling due within one year

7

5,200

47,021

NET CURRENT ASSETS

121,069

49,204

TOTAL ASSETS LESS CURRENT LIABILITIES

1,133,569

817,075

CREDITORS

Amounts falling due after more than one year

8

(930,664

)

(867,725

)

PROVISIONS FOR LIABILITIES

(51,062

)

-

NET ASSETS/(LIABILITIES)

151,843

(50,650

)

CAPITAL AND RESERVES

Called up share capital

9

23

23

Revaluation reserve

10

153,185

-

Retained earnings

10

(1,365

)

(50,673

)

SHAREHOLDERS' FUNDS

151,843

(50,650

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

Mr J J Liebenberg - Director

1.	STATUTORY INFORMATION

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

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 Income Statement, 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.

Going concern disclosure

The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

Current asset investments

The unlisted investments are shown at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

767,871

Additions

43,603

Disposals

(3,221

)

Revaluations

204,247

At 31 March 2025

1,012,500

NET BOOK VALUE

At 31 March 2025

1,012,500

At 31 March 2024

767,871

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

204,247

Cost

808,253

1,012,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

8,509

1,468

Other debtors

-

2,115

Prepayments

-

870

8,509

4,453

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

91,572

88,291

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

312

742

Corporation tax

-

2,027

Other creditors

-

5,850

Director's current account

3,040

36,734

Accruals and deferred income

1,848

1,668

5,200

47,021

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Long term borrowings

182,019

214,269

Mortgages

748,645

653,456

930,664

867,725

The above mortgage creditor total are for interest only mortgages secured against the investment properties and are due after more than 5 years.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

20

Ordinary shares

£1

20

20

1

Ordinary A shares

£1

1

1

1

Ordinary B shares

£1

1

1

1

Ordinary C shares

£1

1

1

23

23

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

(50,673

)

-

(50,673

)

Profit for the year

202,493

202,493

Revaluation reserve

(153,185

)

153,185

-

At 31 March 2025

(1,365

)

153,185

151,820

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due within one year, is an amount of £3,039 (2024 - £36,734) owed to the director. This loan is interest free, of no fixed term and repayable on demand.

The Long Term Borrowing is a loan from a related company under the control of the director. The loan is interest free and repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J J Liebenberg.