REGISTERED NUMBER: 13298013 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

JJMC PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Bundfuss

J Bundfuss

REGISTERED OFFICE:

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

REGISTERED NUMBER:

13298013 (England and Wales)

ACCOUNTANTS:

Hartley Fowler LLP

Chartered Accountants

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

FIXED ASSETS

Investment property

4

480,000

1,308,300

CURRENT ASSETS

Debtors

5

-

28

Investments

6

109,520

-

Cash at bank

47,804

7,320

157,324

7,348

CREDITORS

Amounts falling due within one year

7

36,143

965,077

NET CURRENT ASSETS/(LIABILITIES)

121,181

(957,729

)

TOTAL ASSETS LESS CURRENT LIABILITIES

601,181

350,571

CREDITORS

Amounts falling due after more than one year

8

(385,152

)

-

PROVISIONS FOR LIABILITIES

9

(31,036

)

(87,795

)

NET ASSETS

184,993

262,776

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

93,105

263,384

Retained earnings

91,788

(708

)

184,993

262,776

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 14 May 2026 and were signed on its behalf by:

J M Bundfuss - Director

1.	STATUTORY INFORMATION

JJMC 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Going concern

Due to the ongoing support of Jay Bee Electrical Limited, a company under the common directorship of Mr J M Bundfuss and Mrs J Bundfuss, the directors believe that it is appropriate to prepare the financial statements on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,308,300

Additions

152,815

Disposals

(858,300

)

Revaluations

(122,815

)

At 31 August 2025

480,000

NET BOOK VALUE

At 31 August 2025

480,000

At 31 August 2024

1,308,300

Fair value at 31 August 2025 is represented by:

£

Valuation in 2023

384,026

Valuation in 2024

(32,847

)

Valuation in 2025

(234,284

)

Cost

363,105

480,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

28

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

109,520

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

-

445,152

Taxation and social security

30,661

-

Other creditors

5,482

519,925

36,143

965,077

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to associates

385,152

-

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

31,036

87,795

Deferred

tax

£

Balance at 1 September 2024

87,795

Provided during year

(56,759

)

Balance at 31 August 2025

31,036

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

263,384

Fair value adjustment

(170,279

)

At 31 August 2025

93,105

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

J M Bundfuss

Balance outstanding at start of year

(513,216

)

(513,216

)

Amounts advanced

572,187

10,000

Amounts repaid

(59,900

)

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(929

)

(513,216

)

12.	RELATED PARTY DISCLOSURES

The company has received a loan of £385,152 (2024: £445,152) from Jay Bee Electrical Limited, a company under the common directorship of Mr J M Bundfuss and Mrs J Bundfuss. The amount is non interest bearing and partially repayable if an investment property is sold.