REGISTERED NUMBER: 13488827 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

JHL Home Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H Durnion

L Reynolds

REGISTERED OFFICE:

44 Hardy Grove

Billingham

England

Cleveland

TS23 3GN

REGISTERED NUMBER:

13488827 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Wynyard Business Park

Wynyard Avenue

Billingham

Cleveland

TS22 5TB

Fixed assets

Investment property

3

115,000

138,000

Current assets

Debtors

4

1,825

1,825

Cash at bank

1,256

1,172

3,081

2,997

Creditors

Amounts falling due within one year

5

(38,983

)

(38,452

)

Net current liabilities

(35,902

)

(35,455

)

Total assets less current liabilities

79,098

102,545

Creditors

Amounts falling due after more than one year

6

(73,336

)

(75,805

)

Provisions for liabilities

-

(4,317

)

Net assets

5,762

22,423

Capital and reserves

Called up share capital

2

2

Fair value reserve

8

-

18,402

Retained earnings

8

5,760

4,019

5,762

22,423

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2026 and were signed on its behalf by:

H Durnion - Director

1.	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.

2.	EMPLOYEES AND DIRECTORS

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

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

138,000

Revaluations

(23,000

)

At 31 July 2025

115,000

NET BOOK VALUE

At 31 July 2025

115,000

At 31 July 2024

138,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2023

15,719

Valuation in 2024

7,000

Valuation in 2025

23,000

Cost

69,281

115,000

Investment property has been valued based on publicly available data published online concerning their market value. These were produced by an independent party, operating in a commercial environment. A professional valuation was not performed during the year and not considered practical. The directors are satisfied that these are reflective of the market value of the properties.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,825

1,825

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

2,469

2,391

Corporation tax

475

575

Other creditors

575

575

Directors' current accounts

34,330

33,861

Accrued expenses

1,134

1,050

38,983

38,452

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

2,549

2,469

Other loans - 2-5 years

8,151

7,896

Other loans more 5yrs instal

62,636

65,440

73,336

75,805

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

62,636

65,440

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

75,805

78,196

The company has provided a legal mortgage over its property and a fixed charge over ancillary assets as

continuing security for all present and future liabilities.

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 August 2024

4,019

18,402

22,421

Deficit for the year

(16,661

)

(16,661

)

Transfer

18,402

(18,402

)

-

At 31 July 2025

5,760

-

5,760

PROFIT AND LOSS RESERVES

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

FAIR VALUE RESERVES

The Company uses the revaluation model for the measurement of its investment properties. The reserve records the revaluation surplus recognised less the related provision for deferred tax. This is a non distributable reserve.