Registration number: 15968897

JIR Developments Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

JIR Developments Ltd

(Registration number: 15968897)
Balance Sheet as at 30 September 2025

	Note	2025 £
Fixed assets
Investment property	4	128,000
Current assets
Debtors	5	766
Cash at bank and in hand		92,908
		93,674
Creditors: Amounts falling due within one year	6	(111,035)
Net current liabilities		(17,361)
Total assets less current liabilities		110,639
Creditors: Amounts falling due after more than one year	6	(98,400)
Provisions for liabilities		(2,325)
Net assets		9,914
Capital and reserves
Called up share capital		1
Retained earnings		9,913
Shareholders' funds		9,914

For the financial period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 May 2026
 

......................................... Mr J I Round Director

JIR Developments Ltd

Notes to the Unaudited Financial Statements for the Period from 20 September 2024 to 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Baddeley Green Lane
Stoke-On-Trent
Staffordshire
ST2 7LL
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received and receivable in respect of rental income.

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

JIR Developments Ltd

Notes to the Unaudited Financial Statements for the Period from 20 September 2024 to 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers or the expert opinion of the director. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4	Investment properties

	2025 £
Additions	105,164
Fair value adjustments	22,836
At 30 September	128,000

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current	2025 £
Other debtors	766
	766

JIR Developments Ltd

Notes to the Unaudited Financial Statements for the Period from 20 September 2024 to 30 September 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £
Due within one year
Accruals and deferred income	1,320
Other creditors	109,715
	111,035

Creditors: amounts falling due after more than one year

	2025 £
Due after one year
Loans and borrowings	98,400

Included in loans and borrowings are mortgages which are secured against the assets to which they relate.