REGISTERED NUMBER: 11445114 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

JENSEN APARTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Mccormick

Mrs L M Mccormick

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

11445114 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

-

201

Investment property

5

1,050,000

1,096,768

1,050,000

1,096,969

CURRENT ASSETS

Debtors

6

1,577

-

Cash at bank

12,282

16,844

13,859

16,844

CREDITORS

Amounts falling due within one year

7

841,945

876,001

NET CURRENT LIABILITIES

(828,086

)

(859,157

)

TOTAL ASSETS LESS CURRENT LIABILITIES

221,914

237,812

CREDITORS

Amounts falling due after more than one year

8

(279,214

)

(279,218

)

PROVISIONS FOR LIABILITIES

(117

)

(117

)

NET LIABILITIES

(57,417

)

(41,523

)

CAPITAL AND RESERVES

Called up share capital

9

600

600

Retained earnings

10

(58,017

)

(42,123

)

SHAREHOLDERS' FUNDS

(57,417

)

(41,523

)

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 30 April 2026 and were signed on its behalf by:

Mr A J Mccormick - Director

1.	STATUTORY INFORMATION

Jensen Apartments 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 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.

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 Equipment 25% on SLM

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.

Going concern disclosure

The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

equipment

£

COST

At 1 August 2024

and 31 July 2025

804

DEPRECIATION

At 1 August 2024

603

Charge for year

201

At 31 July 2025

804

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

201

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,096,768

Revaluations

(46,768

)

At 31 July 2025

1,050,000

NET BOOK VALUE

At 31 July 2025

1,050,000

At 31 July 2024

1,096,768

Fair value at 31 July 2025 is represented by:

£

Valuation in 2022

616

Valuation in 2025

(46,768

)

Cost

1,050,000

1,003,848

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

1,096,768

Revaluations

(46,768

)

1,050,000

CLIENT SCREEN TOTAL

=

1,003,848

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

1,577

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Director's current account

839,913

874,153

Accruals and deferred income

2,032

1,848

841,945

876,001

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

279,214

279,218

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

600

Ordinary shares

o1

600

600

10.

RESERVES

Retained

earnings

£

At 1 August 2024

(42,123

)

Deficit for the year

(15,894

)

At 31 July 2025

(58,017

)

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due within one year, is an amount of £839,913 (2024 - £874,153) owed to the directors. This loan is interest free, of no fixed term and repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The controlling parties are the company directors by virtue of their shareholdings.