For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

J Fitzpatrick Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 11 Vicarage Court, Holt, Wrexham, LL13 9AL.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The average monthly number of persons (including directors) employed by the company during the year was:

The investment property is initially recorded at cost. At each year end, the investment property is revalued to fair value in order to accurately reflect the market value at that time.

Included within the other creditors figure above is a loan balance owing to Northwest Contractors Limited, a company in which Mr M J Fitzpatrick is also a director. At the year end, the value of this loan account stood at £94,356 (2024 - £65,937) owing to Northwest Contractors Limited

No dividends were paid to the directors during the year as was the case in 2024.

During the year both officers of the company accumulated funds within in-credit directors' loan accounts, which at the year end amounted to an amalgamated total of £23,558 (2023 - £26,076) owing to the directors.