REGISTERED NUMBER: 15068037 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Jack And Alice Homes Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C A A Lawrence

R W Molloy

REGISTERED OFFICE:

Highgarth Villa

Denmark Road

Gloucester

Gloucestershire

GL1 3HR

REGISTERED NUMBER:

15068037 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

National Westminster Bank Plc

21 Eastgate Street

Gloucester

GL1 1NH

FIXED ASSETS

Tangible assets

4

1,583

2,566

Investment property

5

215,000

199,377

216,583

201,943

CURRENT ASSETS

Debtors

6

1,563

106

Cash at bank

1,501

4,470

3,064

4,576

CREDITORS

Amounts falling due within one year

7

72,664

75,800

NET CURRENT LIABILITIES

(69,600

)

(71,224

)

TOTAL ASSETS LESS CURRENT LIABILITIES

146,983

130,719

CREDITORS

Amounts falling due after more than one year

8

(142,491

)

(142,501

)

PROVISIONS FOR LIABILITIES

(552

)

-

NET ASSETS/(LIABILITIES)

3,940

(11,782

)

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

12,655

-

Retained earnings

(8,717

)

(11,784

)

SHAREHOLDERS' FUNDS

3,940

(11,782

)

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 27 May 2026 and were signed on its behalf by:

R W Molloy - Director

Mrs C A A Lawrence - Director

1.	STATUTORY INFORMATION

Jack And Alice Homes Ltd 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.

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 represents rental income due for the accounting period from the investment property.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

Despite net current liabilities of £69,600 at 31 August 2025 (2024 - £71,224), the financial statements have been prepared on a going concern basis. The directors have reviewed the future cash flows of the business and have expressed their intention to financially support the company for the foreseeable future, deeming the going concern basis of preparation to be appropriate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

Cost

At 1 September 2024

2,933

Disposals

(400

)

At 31 August 2025

2,533

Depreciation

At 1 September 2024

367

Charge for year

733

Eliminated on disposal

(150

)

At 31 August 2025

950

Net book value

At 31 August 2025

1,583

At 31 August 2024

2,566

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 September 2024

199,377

Revaluations

15,623

At 31 August 2025

215,000

Net book value

At 31 August 2025

215,000

At 31 August 2024

199,377

The investment property has recently been revalued for mortgage purposes. The fair value of the investment property has therefore increased as reflected above.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade debtors

1,563

106

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade creditors

229

-

Other creditors

72,435

75,800

72,664

75,800

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans

142,491

142,501

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

142,491

142,501

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/8/25

31/8/24

£

£

Bank loans

142,491

142,501

The bank loan is secured by way of a fixed charge over the company's investment property.

10.	RELATED PARTY DISCLOSURES

R W Molloy and Mrs C A A Lawrence

Directors

The directors have loaned funds to the company. At 31 August 2025, the company owed the directors £66,836 (2024 - £60,201). The loan, including within other creditors, is interest free and has no fixed repayment terms.

In addition, a company controlled by the director R W Molloy has loaned funds to Jack and Alice Homes Ltd. At 31 August 2025, the loan balance outstanding was £5,000 (2024 - £15,000). The loan, included within other creditors, is interest free and has no fixed repayment terms.