REGISTERED NUMBER: 13908029 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

JURASSIC PORTFOLIOS 1 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K F Phoon

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

13908029 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Investment property

4

7,648,388

7,648,388

CURRENT ASSETS

Debtors

5

15,154

14,557

Cash at bank

277,366

3,615

292,520

18,172

CREDITORS

Amounts falling due within one year

6

3,044,531

3,020,363

NET CURRENT LIABILITIES

(2,752,011

)

(3,002,191

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,896,377

4,646,197

CREDITORS

Amounts falling due after more than one year

7

3,962,000

3,962,000

NET ASSETS

934,377

684,197

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

934,277

684,097

934,377

684,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 18 May 2026 and were signed by:

K F Phoon - Director

1.	STATUTORY INFORMATION

Jurassic Portfolios 1 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.

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.

Turnover

Turnover represents the following types of income

- Rental income

- Income from the sale of properties

All income is recognised on a receivable basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

and 28 February 2026

7,648,388

NET BOOK VALUE

At 28 February 2026

7,648,388

At 28 February 2025

7,648,388

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayments

15,154

14,557

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

2,893,593

2,903,593

Tax

81,184

48,464

Directors' loan accounts

15,670

16,000

Deferred income

50,933

49,258

Accrued expenses

3,151

3,048

3,044,531

3,020,363

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans more 5 yrs non-inst

3,962,000

3,962,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

3,962,000

3,962,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

3,962,000

3,962,000

There are fixed and floating charges in place over the company's assets as security in relation to the bank loans.

9.	ACCOUNTING BASIS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. As at the year end the current liabilities exceeded current assets by £2,752,011 (2025: £3,002,191)

The validity of this basis depends upon the continued support of the company's director. The director confirms that he will give the required support.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, Mr K Phoon decreased his loan to the company. As at 28 February 2026, the company owed him £15,670 (2025: £16,000). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

As at 28 February 2026, the company owed Jurassic Properties (Holdings) Limited £2,892,578 (2025: £2,902,578). All transactions were undertaken on a commercial arms length basis and any outstanding amounts are interest free and repayable on demand.

As at 28 February 2026, the company owed Early Investments Limited £1,015 (2025: £1,015). All transactions were undertaken on a commercial arms length basis and any outstanding amounts are interest free and repayable on demand.

Mr K Phoon is a director of Jurassic Properties (Holdings) Limited & Early Investments Limited.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Jurassic Properties (Holdings)Limited.

This was by virtue of their 100% holding of the issued share capital.