Jenkins Properties Limited - Filleted accounts

Registered number

12135265

Jenkins Properties Limited

Filleted Accounts

31 August 2025

Jenkins Properties Limited
Registered number:		12135265
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		5,625			-
Investments	4		2,691,950			2,145,906
			2,697,575			2,145,906

Current assets
Debtors	5	-			520
Cash at bank and in hand		11,166			38,793
		11,166			39,313

Creditors: amounts falling due within one year	6	(286,082)			(287,257)

Net current liabilities			(274,916)			(247,944)

Total assets less current liabilities			2,422,659			1,897,962

Creditors: amounts falling due after more than one year	7		(2,139,667)			(1,739,619)



Net assets			282,992			158,343

Capital and reserves
Called up share capital			100			100
Revaluation reserve	9		359,200			265,000
Profit and loss account			(76,308)			(106,757)

Shareholders' funds			282,992			158,343

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Louis Jenkins
Director
Approved by the board on 27 May 2026

Jenkins Properties Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Motor Vehicles	25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Motor vehicles
£
	Cost
	Additions				7,500
	At 31 August 2025				7,500

	Depreciation
	Charge for the year				1,875
	At 31 August 2025				1,875

	Net book value
	At 31 August 2025				5,625


4	Investments

Other
investments
£
	Cost and valuations
	At 1 September 2024				2,145,906
	Additions				451,844
	Revaluation				94,200

	At 31 August 2025				2,691,950


5	Debtors		2025		2024
£				£

	Other debtors		-		520


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		904		180
	Other creditors		285,178		287,077
			286,082		287,257


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		2,139,667		1,739,619


8	Loans		2025		2024
£				£
	Creditors include:

	Secured bank loans		1,730,015		1,730,015

	The long term bank loans are mortgages that are secured on the properties to which they relate.


9	Revaluation reserve		2025		2024
£				£

	At 1 September 2024		265,000		-
	Gain on revaluation of land and buildings		94,200		265,000

	At 31 August 2025		359,200		265,000


10	Other information

	Jenkins Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	255 Poulton Road
	Wallasey
	Merseyside
	CH44 4BT