Jason Thorpe Property Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 14928910 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Jason Thorpe Property Services Ltd

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

6

Director:

J P Thorpe

Registered office:

2 Riverside

Spalding

Lincolnshire

PE11 3FF

Registered number:

14928910 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jason Thorpe Property Services Ltd for the year ended 30 June 2025 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Jason Thorpe Property Services Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jason Thorpe Property Services Ltd and state those matters that we have agreed to state to the director of Jason Thorpe Property Services Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jason Thorpe Property Services Ltd and its director for our work or for this report.

It is your duty to ensure that Jason Thorpe Property Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jason Thorpe Property Services Ltd. You consider that Jason Thorpe Property Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jason Thorpe Property Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

12 January 2026

Fixed assets

Tangible assets

5

7,596

7,572

Current assets

Stocks

145,879

-

Debtors

6

2,367

900

Cash at bank

7,338

5,148

155,584

6,048

Creditors

Amounts falling due within one year

7

136,950

8,943

Net current assets/(liabilities)

18,634

(2,895

)

Total assets less current liabilities

26,230

4,677

Provisions for liabilities

431

204

Net assets

25,799

4,473

Capital and reserves

Called up share capital

1

Retained earnings

25,798

4,472

25,799

4,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 January 2026 and were signed by:

J P Thorpe - Director

1.	Statutory information

Jason Thorpe Property Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	Employees and directors

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

5.	Tangible fixed assets

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

Cost

At 1 July 2024

2,096

8,000

-

10,096

Additions

848

-

1,912

2,760

At 30 June 2025

2,944

8,000

1,912

12,856

Depreciation

At 1 July 2024

524

2,000

-

2,524

Charge for year

605

1,500

631

2,736

At 30 June 2025

1,129

3,500

631

5,260

Net book value

At 30 June 2025

1,815

4,500

1,281

7,596

At 30 June 2024

1,572

6,000

-

7,572

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

-

900

Other debtors

2,367

-

2,367

900

7.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

69,750

-

Trade creditors

-

127

Taxation and social security

4,762

7,151

Other creditors

62,438

1,665

136,950

8,943

8.	Related party disclosures

During the year, the director provided the Company with a loan. The loan was interest free, unsecured and repayable on demand. The balance outstanding at the year end was £60,938 (2024:£165).

.