REGISTERED NUMBER: 00930225 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

J GREEN PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Green

REGISTERED OFFICE:

115c Milton Road

Cambridge

CB4 1XE

REGISTERED NUMBER:

00930225 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Accountants and Business Advisers

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

29,153

58,340

Investments

5

140,035

140,035

Investment property

6

5,166,754

5,166,754

5,335,942

5,365,129

CURRENT ASSETS

Debtors

7

180,155

102,885

Cash at bank

32,101

53,661

212,256

156,546

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

8

1,098,255

1,103,755

NET CURRENT LIABILITIES

(885,999

)

(947,209

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,449,943

4,417,920

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

9

(3,723,708

)

(3,706,250

)

PROVISIONS FOR LIABILITIES

(3,979

)

(11,064

)

NET ASSETS

722,256

700,606

CAPITAL AND RESERVES

Called up share capital

4

4

Revaluation reserve

11

1,229,540

1,229,540

Retained earnings

(507,288

)

(528,938

)

SHAREHOLDERS' FUNDS

722,256

700,606

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

A Green - Director

1.	STATUTORY INFORMATION

J Green 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.

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

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.

The financial statements include the results of the company's operations all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 30 September 2025 the company's current liabilities exceeded its current assets by £885,999 and total liabilities of the company were £4,825,942. The company is reliant upon the continued support of its director, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

Turnover

Turnover comprises the invoiced value of rents charged by the company, excluding VAT.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Motor vehicles

-

25% 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 Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Finance leases and hire purchase contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2024

259,334

67,389

326,723

Additions

6,000

-

6,000

Disposals

(28,272

)

(9,410

)

(37,682

)

At 30 September 2025

237,062

57,979

295,041

DEPRECIATION

At 1 October 2024

208,964

59,419

268,383

Charge for year

31,202

3,985

35,187

Eliminated on disposal

(28,272

)

(9,410

)

(37,682

)

At 30 September 2025

211,894

53,994

265,888

NET BOOK VALUE

At 30 September 2025

25,168

3,985

29,153

At 30 September 2024

50,370

7,970

58,340

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2024

and 30 September 2025

140,035

NET BOOK VALUE

At 30 September 2025

140,035

At 30 September 2024

140,035

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

5,166,754

NET BOOK VALUE

At 30 September 2025

5,166,754

At 30 September 2024

5,166,754

The director considers the value of investment property as at 30th September 2025 to be £5,166,754.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

12,181

-

Other debtors

28,195

42,292

Director's current account

9,148

-

Prepayments

-

13,464

Due from GRN Limited

130,631

47,129

180,155

102,885

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

12,432

-

Payments on account

49,377

52,391

Trade creditors

8,808

17,982

Amounts owed to group undertakings

1,004,613

1,007,201

VAT

12,414

16,117

Accruals

3,600

3,400

Rents rec'd in advance

7,011

6,664

1,098,255

1,103,755

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

3,723,708

3,706,250

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

3,736,140

3,706,250

This is represented by a charge on the investment property held by Svenska Handelsbanken AB.

11.

RESERVES

Revaluation

reserve

£

At 1 October 2024

and 30 September 2025

1,229,540

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 30 September 2025 the director's loan account was overdrawn by £9,148, and will be repaid within 9 months of the year end.

13.	RELATED PARTY DISCLOSURES

Net sales of £50,000 (2024: £30,000) were charged as fees earned to Skymond Limited, a company which A Green is also a director of. At 30 September 2025, there was a loan amount of £1,004,613 due to Skymond Ltd.

J Green Properties Limited also incurred net fees billed of £12,500 (2024: £Nil) from Skymond Limited.

J Green Properties Limited incurred net fees billed of £36,667 (2024: £10,000) from GRN Limited, a company which A Green is also a director of. At 30 September 2025, there was a loan amount of £130,631 due to J Green Properties Limited.

14.	ULTIMATE CONTROLLING PARTY