REGISTERED NUMBER: 04444135 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

JAVLIN HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N A Jarvis

L A Jarvis

SECRETARY:

White House Secretaries Limited

REGISTERED OFFICE:

1 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

04444135 (England and Wales)

ACCOUNTANTS:

C B Heslop And Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

19,499

9,699

CURRENT ASSETS

Stocks

4,055,777

3,978,276

Debtors

5

7,121

123,185

Cash at bank

16,174

14,237

4,079,072

4,115,698

CREDITORS

Amounts falling due within one year

6

3,333,622

3,364,971

NET CURRENT ASSETS

745,450

750,727

TOTAL ASSETS LESS CURRENT LIABILITIES

764,949

760,426

CREDITORS

Amounts falling due after more than one year

7

(720,941

)

(716,418

)

PROVISIONS FOR LIABILITIES

(4,875

)

(2,425

)

NET ASSETS

39,133

41,583

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

39,131

41,581

SHAREHOLDERS' FUNDS

39,133

41,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 1 June 2026 and were signed on its behalf by:

N A Jarvis - Director

1.	STATUTORY INFORMATION

Javlin Homes 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.

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 cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

29,577

4,625

-

8,841

43,043

Additions

-

-

24,788

-

24,788

At 31 May 2025

29,577

4,625

24,788

8,841

67,831

DEPRECIATION

At 1 June 2024

22,183

4,625

-

6,536

33,344

Charge for year

7,394

-

6,197

1,397

14,988

At 31 May 2025

29,577

4,625

6,197

7,933

48,332

NET BOOK VALUE

At 31 May 2025

-

-

18,591

908

19,499

At 31 May 2024

7,394

-

-

2,305

9,699

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

7,121

123,185

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

1,085,045

118,268

Hire purchase contracts

4,706

-

Trade creditors

23,400

330

Amounts owed to group undertakings

2,115,455

3,132,175

Taxation and social security

11,970

27,562

Other creditors

93,046

86,636

3,333,622

3,364,971

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

6,040

16,418

Hire purchase contracts

14,901

-

Other creditors

700,000

700,000

720,941

716,418

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank overdrafts

1,075,045

108,268

Other loans

700,000

700,000

1,775,045

808,268

The borrowings are secured by charges over the company's assets.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

2

Ordinary

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 June 2024

41,581

Deficit for the year

(2,450

)

At 31 May 2025

39,131

11.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date or at 31 May 2024.

12.	RELATED PARTY DISCLOSURES

At the year end £2,115,455 (2024 : £3,132,175) is showing as due to Javlin Estates Ltd, a related party.

The balance arises from sums paid to the company in respect of building work carried out for Javlin Estates Limited. Invoices are raised by the company to Javlin Estates Limited periodically to account for the sales value of the work carried out.

During the year sales recognised in the Income Statement amounted to £1,041,441 (2024: £nil) in respect of completed building work carried out for Javlin Estates Limited.

At the year end £2,562,551 (2024: £3,978,276) was included in work in progress in respect of building work carried out by the company for Javlin Estates Limited, which has been invoiced since the year end.

13.	ULTIMATE CONTROLLING PARTY

100% of the issued share capital is beneficially owned by Mr & Mrs N Jarvis.