JJP Real Estate Ltd

(Registration number: 13725603)
Abridged Balance Sheet as at 31 August 2025

	Note	2025 £	2025 £
Fixed assets
Tangible assets	4	1,753,027	1,743,407
Current assets
Stocks		1,000	-
Debtors		205,640	8,000
Cash at bank and in hand		688	236
		207,328	8,236
Prepayments and accrued income		595	708
Creditors: Amounts falling due within one year		(2,139,643)	(1,870,691)
Net current liabilities		(1,931,720)	(1,861,747)
Total assets less current liabilities		(178,693)	(118,340)
Accruals and deferred income		(5,134)	(4,000)
Net liabilities		(183,827)	(122,340)
Capital and reserves
Called up share capital	5	100	100
Retained earnings		(183,927)	(122,440)
Shareholders' deficit		(183,827)	(122,340)

For the financial period ending 31 August 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

JJP Real Estate Ltd

(Registration number: 13725603)
Abridged Balance Sheet as at 31 August 2025

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 29 May 2026
 

......................................... Mr J Jones-Pratt Director

JJP Real Estate Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 March 2025 to 31 August 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:
34 Boulevard
Weston-Super-Mare
North Somerset
BS23 1NF
United Kingdom

The principal place of business is:
Rookery Farm
Green Ore
Wells
BA5 3ES

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 abridged 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 abridged 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.

The presentation currency of the financial statements is Pound Sterling (£).

JJP Real Estate Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 March 2025 to 31 August 2025

2	Accounting policies (continued)

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the Company will remain in operational existing for the foreseeable future.

The Company has acquired and started trading the properties known as Rookery Farm and Hillfield Farm. The Company's parent undertaking and the directors of the parent undertaking have agreed not to remove its financial support until such time as the Company can repay the intercompany loan.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	50 years straight line
Motor vehicles	25% reducing balance
Plant and machinery	4 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

JJP Real Estate Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 March 2025 to 31 August 2025

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell. Cost is determined using the actual method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

JJP Real Estate Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 March 2025 to 31 August 2025

2	Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2025 - 1).

4	Tangible assets

	Total £
Cost or valuation
At 1 March 2025	1,829,143
Additions	23,206
At 31 August 2025	1,852,349
Depreciation
At 1 March 2025	85,736
Charge for the period	13,586
At 31 August 2025	99,322
Carrying amount
At 31 August 2025	1,753,027
At 28 February 2025	1,743,407

Included within the net book value of land and buildings above is £1,742,322 (2025 - £1,730,740) in respect of freehold land and buildings.
 

JJP Real Estate Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 March 2025 to 31 August 2025

5	Share capital

Allotted, called up and fully paid shares

	2025		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

6	Parent and ultimate parent undertaking

The company's immediate parent is JJP Holdings Group South West Ltd, incorporated in England and Wales.

 The ultimate controlling party is J Jones-Pratt.