JM Real Estate Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC604278

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		373,194		373,194

			373,194		373,194
CURRENT ASSETS
Debtors	5	65,800		66,800
Cash at bank and in hand		342		2,310

		66,142		69,110
Creditors: Amounts Falling Due Within One Year	6	(294,083 )		(299,889 )

NET CURRENT ASSETS (LIABILITIES)			(227,941 )		(230,779 )

TOTAL ASSETS LESS CURRENT LIABILITIES			145,253		142,415

Creditors: Amounts Falling Due After More Than One Year	7		(21,967 )		(28,503 )

NET ASSETS			123,286		113,912

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			123,186		113,812

SHAREHOLDERS' FUNDS			123,286		113,912

Page 1

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JM Real Estate Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Zubair Malik

Director

29/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

JM Real Estate Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC604278 . The registered office is 2 Fitzroy Place, Glasgow, G3 7RH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added

taxes. Turnover includes amount receivable for rent,management fees, maintenance fees, comissions and other income

net of VAT.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Investment Property

	2025
	£
Fair Value
As at 1 September 2024 and 31 August 2025	373,194

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	65,800	66,800

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JM Real Estate Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank Loan -current	6,567	5,935
Other creditors	259,430	268,956
Taxation and social security	28,086	24,998

	294,083	299,889

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loan	21,967	28,503

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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