IRIS Accounts Production v25.4.12.37 07409542 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07409542 2024-03-31 07409542 2025-03-31 07409542 2024-04-01 2025-03-31 07409542 2023-03-31 07409542 2023-04-01 2024-03-31 07409542 2024-03-31 07409542 ns15:EnglandWales 2024-04-01 2025-03-31 07409542 ns14:PoundSterling 2024-04-01 2025-03-31 07409542 ns10:Director1 2024-04-01 2025-03-31 07409542 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07409542 ns10:SmallEntities 2024-04-01 2025-03-31 07409542 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07409542 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 07409542 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07409542 ns10:FullAccounts 2024-04-01 2025-03-31 07409542 ns10:Director2 2024-04-01 2025-03-31 07409542 ns10:RegisteredOffice 2024-04-01 2025-03-31 07409542 ns5:CurrentFinancialInstruments 2025-03-31 07409542 ns5:CurrentFinancialInstruments 2024-03-31 07409542 ns5:Non-currentFinancialInstruments 2025-03-31 07409542 ns5:Non-currentFinancialInstruments 2024-03-31 07409542 ns5:ShareCapital 2025-03-31 07409542 ns5:ShareCapital 2024-03-31 07409542 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 07409542 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 07409542 ns5:PlantMachinery 2024-04-01 2025-03-31 07409542 ns5:FurnitureFittings 2024-04-01 2025-03-31 07409542 ns5:MotorVehicles 2024-04-01 2025-03-31 07409542 ns5:PlantMachinery 2024-03-31 07409542 ns5:PlantMachinery 2025-03-31 07409542 ns5:PlantMachinery 2024-03-31 07409542 ns5:CostValuation 2024-03-31 07409542 ns5:DisposalsRepaymentsInvestments 2025-03-31 07409542 ns5:CostValuation 2025-03-31 07409542 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 07409542 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 07409542 ns5:CurrentFinancialInstruments 2024-04-01 2025-03-31

REGISTERED NUMBER: 07409542 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SAM JARVIS PROPERTIES LIMITED

SAM JARVIS PROPERTIES LIMITED (REGISTERED NUMBER: 07409542) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| SAM JARVIS PROPERTIES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mr S D Jarvis

| Mrs A D Jarvis

| REGISTERED OFFICE: | Unit 3a, The Tenterden Business Centre

| Ashford Road

| St. Michaels

| Tenterden

| TN30 6SP

| REGISTERED NUMBER: | 07409542 (England and Wales)

| ACCOUNTANTS: | Crowe U.K. LLP

| 2nd Floor

| Medway Bridge House

| 1-8 Fairmeadow

| Maidstone

| Kent

| ME14 1JP

SAM JARVIS PROPERTIES LIMITED (REGISTERED NUMBER: 07409542) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 30,013 |  | 39,719 |  |

Investments | 5 | 50 |  | 51 |  |

30,063 |  | 39,770 |  |

CURRENT ASSETS

Stocks | - |  | 1,128,797 |  |

Debtors | 6 | 1,733,249 |  | 1,540,823 |  |

Cash at bank and in hand | 140,408 |  | 1,353 |  |

1,873,657 |  | 2,670,973 |  |

CREDITORS

Amounts falling due within one year | 7 | 281,257 |  | 1,090,451 |  |

NET CURRENT ASSETS | 1,592,400 |  | 1,580,522 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,622,463 |  | 1,620,292 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (24,892 | ) | (32,152 | ) |

PROVISIONS FOR LIABILITIES | (7,503 | ) | (9,930 | ) |

NET ASSETS | 1,590,068 |  | 1,578,210 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 1,589,968 |  | 1,578,110 |  |

1,590,068 |  | 1,578,210 |  |

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2026 and were signed on its behalf by:

Mr S D Jarvis - Director

SAM JARVIS PROPERTIES LIMITED (REGISTERED NUMBER: 07409542) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Sam Jarvis Properties Limited 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.

2. | 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.

| The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

| Turnover

| Turnover represents the gross proceeds of houses on which contracts for sale have legally completed during the period.

| For services, turnover is measured at the fair value of the consideration received or receivable net of VAT. It is recognised in the period to which it relates.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 33% on cost

| Motor vehicles | - | 25% on reducing balance

| Investments in subsidiaries

| Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

| Stocks and work in progress

| Land and buildings held for resale and development are stated at the lower of cost and net realisable value. Cost includes all expenditure incurred in the normal course of business in bringing the stock to its condition at the balance sheet date, less payments on account.

| Financial instruments

| The company has elected to apply the recognition and measurement provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances and loans to fellow group companies, are initially measured at transaction price including transaction costs.

| Basic financial liabilities

| Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| 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 balance sheet date.

SAM JARVIS PROPERTIES LIMITED (REGISTERED NUMBER: 07409542) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| Cost

| At 1 April 2024 | 58,153 |  |

| Additions | 2,868 |  |

| At 31 March 2025 | 61,021 |  |

| Depreciation

| At 1 April 2024 | 18,434 |  |

| Charge for year | 12,574 |  |

| At 31 March 2025 | 31,008 |  |

| Net book value

| At 31 March 2025 | 30,013 |  |

| At 31 March 2024 | 39,719 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| Cost

| At 1 April 2024 | 51 |  |

| Disposals | (1 | ) |

| At 31 March 2025 | 50 |  |

| Net book value

| At 31 March 2025 | 50 |  |

| At 31 March 2024 | 51 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 148,298 |  | 170,859 |  |

| Amounts owed by group undertakings | 461,383 |  | 439,653 |  |

| Other debtors | 1,123,568 |  | 930,311 |  |

1,733,249 |  | 1,540,823 |  |

SAM JARVIS PROPERTIES LIMITED (REGISTERED NUMBER: 07409542) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

| Trade debtors and Other debtors include £147,998 (2024 - £167,318) and £1,062,623 (2024 - £930,311), respectively, in respect of amounts due from members of close family of the directors, or from entities in which they have an interest.

| Other debtors also includes an amount of £60,945 (2024 - £nil) due to the company from the directors.

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,900 |  | 4,600 |  |

| Trade creditors | 7,091 |  | 70,448 |  |

| Amounts owed to group undertakings | - |  | 316 |  |

| Taxation and social security | 66,520 |  | 297,253 |  |

| Other creditors | 201,746 |  | 717,834 |  |

281,257 |  | 1,090,451 |  |

| Other creditors includes an amount of £nil (2024 - £111,954) due to the directors.

| Other creditors also includes loans due to members of the close family of the directors totalling £135,000 (2024 - £535,000)

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 24,892 |  | 32,152 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| During the year, the company made advances totalling £60,945 (2024 - £nil) to directors. The advances were repayable on demand and attracted interest at HMRC approved rates.