REGISTERED NUMBER: 03826228 (England and Wales)

Financial Statements for the Year Ended 30 August 2025

for

St James Property Development (Dudley)

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs D E Patel

Mr B K Patel

SECRETARY:

Mr B K Patel

REGISTERED OFFICE:

The Old Bakery

20 Prospect Road

Gornal Wood

West Midlands

DY3 2TJ

REGISTERED NUMBER:

03826228 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,696

2,557

Investment property

5

1,065,000

1,065,000

1,066,696

1,067,557

CURRENT ASSETS

Debtors

2,689

3,340

Cash at bank

20,638

57,101

23,327

60,441

CREDITORS

Amounts falling due within one year

59,455

54,734

NET CURRENT (LIABILITIES)/ASSETS

(36,128

)

5,707

TOTAL ASSETS LESS CURRENT LIABILITIES

1,030,568

1,073,264

CREDITORS

Amounts falling due after more than one year

(428,345

)

(477,900

)

PROVISIONS FOR LIABILITIES

6

(125,144

)

(125,359

)

NET ASSETS

477,079

470,005

CAPITAL AND RESERVES

Called up share capital

7

2

2

Fair value reserve

8

374,161

374,161

Retained earnings

102,916

95,842

SHAREHOLDERS' FUNDS

477,079

470,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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:

Mr B K Patel - Director

1.	STATUTORY INFORMATION

St James Property Development (Dudley) 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.

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.

The financial statements are prepared on the going concern basis based on the continued support of the directors.

The financial statements are prepared in Pound Sterling (£) and are rounded to the nearest pound.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% 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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 31 August 2024

and 30 August 2025

3,379

DEPRECIATION

At 31 August 2024

822

Charge for year

861

At 30 August 2025

1,683

NET BOOK VALUE

At 30 August 2025

1,696

At 30 August 2024

2,557

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 August 2024

and 30 August 2025

1,065,000

NET BOOK VALUE

At 30 August 2025

1,065,000

At 30 August 2024

1,065,000

Fair value at 30 August 2025 is represented by:

£

Valuation in 2018

286,261

Valuation in 2020

102,620

Valuation in 2022

110,000

Cost

566,119

1,065,000

If the investment properties had not been revalued they would have been included at the following historical cost:

30.8.25

30.8.24

£

£

Cost

566,119

566,119

Investment properties were valued on an open market basis on 30 August 2025 by Mr B K Patel (Director) .

6.	PROVISIONS FOR LIABILITIES

30.8.25

30.8.24

£

£

Deferred tax

125,144

125,359

Deferred

tax

£

Balance at 31 August 2024

125,359

Provided during year

(215

)

Balance at 30 August 2025

125,144

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.8.25

30.8.24

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Fair

value

reserve

£

At 31 August 2024

and 30 August 2025

374,161