J & D Estates Limited 27/02/2025 iXBRL

Company registration number: 05050350

J & D Estates Limited

Unaudited filleted financial statements

27 February 2025

J & D Estates Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

J & D Estates Limited

Directors and other information


	Directors	Mr Jeffrey Steiner
		Mr David Steiner


	Company number	05050350


	Registered office	Evans House
		Bewick Road
		Gateshead
		Tyne & Wear
		NE8 4DP


	Business address	Evans House
		Bewick Road
		Gateshead
		Tyne & Wear
		NE8 4DP


	Accountants	G A Harris & Co Limited
		Brulimar House
		Jubilee Road
		Middleton
		Manchester
		M24 2LX

J & D Estates Limited

Statement of financial position

27 February 2025

		27/02/25		17/02/24
	Note	£	£	£	£

Fixed assets
Tangible assets	4	5,681,913		5,681,913
		_______		_______
			5,681,913		5,681,913

Current assets
Debtors	5	59,569		79,072
Cash at bank and in hand		255,335		146,576
		_______		_______
		314,904		225,648
Creditors: amounts falling due
within one year	6	( 1,586,044)		( 1,289,040)
		_______		_______
Net current liabilities			( 1,271,140)		( 1,063,392)
			_______		_______
Total assets less current liabilities			4,410,773		4,618,521

Creditors: amounts falling due
after more than one year	7		( 12,500)		( 399,773)
			_______		_______
Net assets			4,398,273		4,218,748
			_______		_______

Capital and reserves
Called up share capital			2		2
Revaluation reserve			1,615,677		1,615,677
Profit and loss account			2,782,594		2,603,069
			_______		_______
Shareholders funds			4,398,273		4,218,748
			_______		_______

For the period ending 27 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 20 May 2026 , and are signed on behalf of the board by:

Mr Jeffrey Steiner

Director

Company registration number: 05050350

J & D Estates Limited

Notes to the financial statements

Period ended 27 February 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Evans House, Bewick Road, Gateshead, Tyne & Wear, NE8 4DP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	Nil %

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates .

4. Tangible assets

	Freehold property	Total
	£	£
Cost
At 18 February 2024 and 27 February 2025	5,681,913	5,681,913
	_______	_______
Depreciation
At 18 February 2024 and 27 February 2025	-	-
	_______	_______
Carrying amount
At 27 February 2025	5,681,913	5,681,913
	_______	_______
At 17 February 2024	5,681,913	5,681,913
	_______	_______

5. Debtors

	27/02/25	17/02/24
	£	£
Trade debtors	57,569	77,072
Other debtors	2,000	2,000
	_______	_______
	59,569	79,072
	_______	_______

6. Creditors: amounts falling due within one year

	27/02/25	17/02/24
	£	£
Bank loans and overdrafts	26,089	41,000
Corporation tax	56,304	48,909
Other creditors	1,503,651	1,199,131
	_______	_______
	1,586,044	1,289,040
	_______	_______

7. Creditors: amounts falling due after more than one year

	27/02/25	17/02/24
	£	£
Other creditors	12,500	399,773
	_______	_______