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COMPANY REGISTRATION NUMBER: 12768842

Jagly Properties Limited

Filleted Unaudited Financial Statements

31 July 2025

Jagly Properties Limited

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 184,364 | 184,364

Current assets

Debtors | 5 | 20 |  | 952
Cash at bank and in hand | 1,775 |  | 560
| ------- |  | -------
| 1,795 |  | 1,512

Creditors: amounts falling due within one year | 6 | 63,152 |  | 61,954
| -------- |  | --------
Net current liabilities |  | 61,357 | 60,442
|  | --------- | ---------
Total assets less current liabilities |  | 123,007 | 123,922

Creditors: amounts falling due after more than one year | 7 |  | 132,245 | 132,245
|  | --------- | ---------
Net liabilities |  | ( 9,238) | ( 8,323)
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | ( 9,338) | ( 8,423)
|  | ------- | -------
Shareholders deficit |  | ( 9,238) | ( 8,323)
|  | ------- | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Jagly Properties Limited

Statement of Financial Position (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 3 February 2026 , and are signed on behalf of the board by:

Mr G Harris |
Director |

Company registration number: 12768842

Jagly Properties Limited

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK40 2NR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on a going concern basis which is dependent upon the continued financial support of the company's director.
Revenue recognition
The turnover shown in the profit and loss account represents rent due for the year.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible assets

| Land and buildings
| £
Cost |
At 1 August 2024 and 31 July 2025 | 184,364
| ---------
Depreciation |
At 1 August 2024 and 31 July 2025 | –
| ---------
Carrying amount |
At 31 July 2025 | 184,364
| ---------
At 31 July 2024 | 184,364
| ---------

5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | – | 550
Other debtors | 20 | 402
| ---- | ----
| 20 | 952
| ---- | ----

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Other creditors | 63,152 | 61,954
| -------- | --------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 132,245 | 132,245
| --------- | ---------

The loan included in due after one year is secured by a fixed charge held on the property held in the company, and a personal guarantee by the director.