JP Lettings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09076254

JP Lettings Limited

Filleted Unaudited Financial Statements

30 November 2025

JP Lettings Limited

Financial Statements

Year ended 30 November 2025

Contents	Pages

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 6

JP Lettings Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of JP Lettings Limited

Year ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JP Lettings Limited for the year ended 30 November 2025, which comprise the 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of JP Lettings Limited, as a body, in accordance with the terms of our engagement letter dated 10 March 2025. Our work has been undertaken solely to prepare for your approval the financial statements of JP Lettings Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JP Lettings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JP Lettings Limited 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 JP Lettings Limited. You consider that JP Lettings Limited 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 JP Lettings Limited. 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.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

13 May 2026

JP Lettings Limited

Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	272,776	272,776

Current assets

Debtors	5	109	111
Cash at bank and in hand		22,338	18,672
		--------	--------
		22,447	18,783

Creditors: amounts falling due within one year	6	16,343	16,185
		--------	--------
Net current assets		6,104	2,598
		---------	---------
Total assets less current liabilities		278,880	275,374

Creditors: amounts falling due after more than one year	7	209,350	211,850
		---------	---------
Net assets		69,530	63,524
		---------	---------

JP Lettings Limited

Statement of Financial Position (continued)

30 November 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	69,430	63,424
	--------	--------
Shareholders funds	69,530	63,524
	--------	--------

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 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 24 April 2026 , and are signed on behalf of the board by:

Miss J Parry

Director

Company registration number: 09076254

JP Lettings Limited

Notes to the Financial Statements

Year ended 30 November 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 2 Westbrook Court, Sharrow Vale Road, Sheffield, South Yorkshire, S11 8YZ.

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 the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents the charges levied for rent during the period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Tangible assets

	Investment property
	£
Cost
At 1 December 2024 and 30 November 2025	272,776
	---------
Depreciation
At 1 December 2024 and 30 November 2025	–
	---------
Carrying amount
At 30 November 2025	272,776
	---------
At 30 November 2024	272,776
	---------

5. Debtors

	2025	2024
	£	£
Other debtors	109	111
	----	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	1,643	925
Other creditors	14,700	15,260
	--------	--------
	16,343	16,185
	--------	--------

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

	2025	2024
	£	£
Other creditors	209,350	211,850
	---------	---------

8. Directors' advances, credits and guarantees

A loan account exists as between one of the directors, Mrs L J Parry, and the company. At year end date of 30 November 2025, the company was indebted to the director, in this regard, in the sum of £219,350. Of this total, it has been agreed that no more than £10,000 will be repaid within twelve months of the period end date. Interest is not being applied to the loan. A loan account exists as between the second director, Miss J Parry , and the company. At the end of the year, on 30 November 2025, the closing loan balance, owing by the company to the director, amounts to £3,500, having decreased by £560 during the year. There are no formal repayment terms applicable to this loan. Interest is not being applied to the loan.