JNKS PROPERTY LIMITED


Director	JENKINS, Michael Ian


Registered Number	12158461 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		789,032		789,101
			789,032		789,101
Current assets
Debtors		1		2,241
Cash at bank and on hand		7,259		4,569
		7,260		6,810
Creditors amounts falling due within one year	5	(220,559)		(226,082)
Net current assets (liabilities)			(213,299)		(219,272)
Total assets less current liabilities			575,733		569,829
Creditors amounts falling due after one year	6		(566,579)		(566,579)
Net assets			9,154		3,250
Capital and reserves
Called up share capital			100		100
Profit and loss account			9,054		3,150
Shareholders' funds			9,154		3,250

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 Director acknowledges 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 Director on 16 December 2025, and are signed on its behalf by:

JENKINS, Michael Ian
Director
Registered Company No. 12158461

JNKS PROPERTY LIMITED

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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 recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Total
	£	£	£
Cost or valuation
At 01 April 24	788,827	688	789,515
At 31 March 25	788,827	688	789,515
Depreciation and impairment
At 01 April 24	-	414	414
Charge for year	-	69	69
At 31 March 25	-	483	483
Net book value
At 31 March 25	788,827	205	789,032
At 31 March 24	788,827	274	789,101

4.	Revaluation of fixed asset investments
	There has been no valuation of investment property by an independent valuer.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	414
Taxation and social security	1,401	648
Other creditors	217,971	223,814
Accrued liabilities and deferred income	1,187	1,206
Total	220,559	226,082


	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.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	566,579	566,579
Total	566,579	566,579