Jemline Ventures Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03260715

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		158		186
Investment Properties	5		486,945		486,945

			487,103		487,131
CURRENT ASSETS
Debtors	6	2,079		5,822
Cash at bank and in hand		2,113		11,200

		4,192		17,022
Creditors: Amounts Falling Due Within One Year	7	(18,110 )		(9,510 )

NET CURRENT ASSETS (LIABILITIES)			(13,918 )		7,512

TOTAL ASSETS LESS CURRENT LIABILITIES			473,185		494,643

Creditors: Amounts Falling Due After More Than One Year	8		(1,500 )		(4,500 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(55,079 )		(55,079 )

NET ASSETS			416,606		435,064

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve	10		207,267		207,267
Profit and Loss Account			209,239		227,697

SHAREHOLDERS' FUNDS			416,606		435,064

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Jemline Ventures Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr R A Morley

Director

9th December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jemline Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03260715 . The registered office is 1 Princes Court, Royal Way, Loughborough, Leicestershire, LE11 5XR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents rental income receivable in the year.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

15% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit and loss account net of deferred taxation..

2.5. Taxation

Taxation expense represents the sum of the tax currently payable and deferred tax.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered a net liability may crystallise.

3. Average Number of Employees

Average number of employees, including directors, during the year was 2 (2024: 2)

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Jemline Ventures Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 December 2024	19,004

As at 30 November 2025	19,004

Depreciation
As at 1 December 2024	18,818
Provided during the period	28

As at 30 November 2025	18,846

Net Book Value
As at 30 November 2025	158

As at 1 December 2024	186

5. Investment Property

	2025
	£
Fair Value
As at 1 December 2024 and 30 November 2025	486,945

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	224,663	224,663

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	3,081
Directors' loan accounts	2,079	2,741

	2,079	5,822

The directors' loan accounts are unsecured, interest is charged, and are repayable on demand.

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Jemline Ventures Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	10,000	-
Bank loans and overdrafts	3,000	3,000
Corporation tax	4,090	5,490
Accruals and deferred income	1,020	1,020

	18,110	9,510

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,500	4,500

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 December 2024	207,267	227,697
Profit for the year and total comprehensive income	-	17,508

Dividends paid	-	(35,966)

As at 30 November 2025	207,267	209,239

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