REGISTERED NUMBER: 04504017 (England and Wales)

JES RENTED PROPERTIES LIMITED

Unaudited Financial Statements For The Year Ended 31 August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

Mrs J E Shiells

SECRETARY:

T G Shiells

REGISTERED OFFICE:

11 Gerrard Road

Whitley Bay

Tyne and Wear

NE26 4NJ

REGISTERED NUMBER:

04504017 (England and Wales)

ACCOUNTANTS:

Sadler Joyce Ltd

Chartered Certified Accountant

18 Norham Road

Whitley Bay

Tyne and Wear

NE26 2SD

BANKERS:

Santander

PO Box 10102

21 Prescot Street

LONDON

E1 8TN

FIXED ASSETS

Tangible assets

4

-

88

Investment property

5

-

249,145

-

249,233

CURRENT ASSETS

Debtors

6

84,253

-

Cash at bank

364

2,408

84,617

2,408

CREDITORS

Amounts falling due within one year

7

17,663

113,545

NET CURRENT ASSETS/(LIABILITIES)

66,954

(111,137

)

TOTAL ASSETS LESS CURRENT LIABILITIES

66,954

138,096

CREDITORS

Amounts falling due after more than one year

8

-

(61,606

)

PROVISIONS FOR LIABILITIES

11

-

(17

)

NET ASSETS

66,954

76,473

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

12

-

71,645

Retained earnings

66,952

4,826

SHAREHOLDERS' FUNDS

66,954

76,473

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 director acknowledges her 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 director and authorised for issue on 29 May 2026 and were signed by:

Mrs J E Shiells - Director

1.	STATUTORY INFORMATION

JES Rented Properties 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.

Significant judgements

There were no judgements made that were significant enough to warrant disclosure.

Turnover

Turnover represents rental income from properties and excludes VAT as the company is not VAT registered. The revenue is recognised on as it falls due for payment.

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

-

10% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Significant estimates

There were no estimates made that were significant enough to warrant disclosure.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

430

1,856

2,286

Disposals

(430

)

(1,856

)

(2,286

)

At 31 August 2025

-

-

-

DEPRECIATION

At 1 September 2024

382

1,816

2,198

Eliminated on disposal

(382

)

(1,816

)

(2,198

)

At 31 August 2025

-

-

-

NET BOOK VALUE

At 31 August 2025

-

-

-

At 31 August 2024

48

40

88

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

249,145

Disposals

(249,145

)

At 31 August 2025

-

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

249,145

Fair value at 31 August 2025 is represented by:

£

Valuation in 2017

158,500

Valuation in 2018

5,500

Valuation in 2019

1,500

Valuation in 2020

(500

)

Valuation in 2021

(92,000

)

Valuation in 2022

9,819

Valuation in 2023

8,910

Valuation in 2024

157,416

Valuation in 2025

(249,145

)

The investment properties were valued on an open market basis on 31 August 2025 by the Director. .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

84,253

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Included in other debtors are amounts owed by the Directors, this year they owed £84,253 ( they were in found in other creditors in 2024 when they were owed £112,320).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

61,606

Amounts falling due in more than five years:

Repayable by instalments

Mortgage

-

61,606

9.	SECURED DEBTS

All mortgages made to the company is secured by of a charge against the property that it is secured over.

10.	FINANCIAL INSTRUMENTS

Debtors are shown at their impaired value (i.e. less doubtful debts) and trade creditors are at their carrying value.

Loans made to the company are valued at the carrying amount which is determined deducting capital repayments and by adding interest calculated using the effective interest method on an actuarial basis.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

-

17

Deferred

tax

£

Balance at 1 September 2024

17

Balance at 31 August 2025

17

12.

RESERVES

Revaluation

reserve

£

At 1 September 2024

71,645

Revaluation reserve

(71,645

)

At 31 August 2025

-

13.	RELATED PARTY DISCLOSURES

One of the properties is rented to a family member, occasionally rent from this property is not received, when this is the case the shortfall is made up by deducting the amount from the loan account of the Director.

Other than the above no other transactions with related parties were undertaken that required disclosure under FRS 102 section 1A small entities.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2025 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sadler Joyce Ltd

Chartered Certified Accountant

18 Norham Road

Whitley Bay

Tyne and Wear

NE26 2SD

29 May 2026