JL2408 Property Services Limited

JL2408 Property Services Limited
Directors' Report
For the year ended 31 March 2026

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 March 2026

Principal activities

Principal activity of the company during the financial year was of rental of residential property.

Directors

The directors who served the company throughout the year were as follows:

John Usher

Lesley Usher

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

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John Usher
Director

Date approved: 08 June 2026

Registered Number: 15972312 JL2408 Property Services Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	222,485	221,166
		222,485	221,166
Current assets
Debtors	4	286	216
Cash at bank and in hand		4,005	1,972
		4,291	2,188
Creditors: amount falling due within one year	5	(84,150)	(83,730)
Net current assets		(79,859)	(81,542)

Total assets less current liabilities		142,626	139,624
Creditors: amount falling due after more than one year	6	(142,126)	(142,126)
Net assets		500	(2,502)

Capital and reserves
Called up share capital	7	2	2
Profit and loss account		498	(2,504)
Shareholders' funds		500	(2,502)

For the year ended 31 March 2026 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 08 June 2026 and were signed on its behalf by:

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John Usher
Director

JL2408 Property Services Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

JL2408 Property Services Limited is a private company, limited by shares, registered in England and Wales, registration number 15972312, registration address 8 Mannock Street, Stockport, SK7 1HF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives.

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 April 2025	221,166	221,166
Additions	1,319	1,319
Disposals	-	-
At 31 March 2026	222,485	222,485
Depreciation
At 01 April 2025	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2026	-	-
Net book values
Closing balance as at 31 March 2026	222,485	222,485
Opening balance as at 01 April 2025	221,166	221,166

Debtors: amounts falling due within one year

	2026 £		2025 £
Prepayments & Accrued Income	286		216
	286		216

Creditors: amount falling due within one year

	2026 £	2025 £
Bank Loans & Overdrafts	-	-
Corporation Tax	117	-
Accrued Expenses	418	1,332
Other Creditors	1,384	-
Directors' Current Accounts	82,231	82,398
	84,150	83,730

Creditors: amount falling due after more than one year

	2026 £		2025 £
Bank Loans & Overdrafts (secured)	142,126		142,126
	142,126		142,126

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
2 Class A shares of £1.00 each	2		2
	2		2

8.	Transactions with Directors During the period dividends of nil were paid to the directors. The balance due to the directors at the period end was £82,231 (2025: £82,398).

9.	Controlling Party The ultimate controlling parties are John Usher and Lesley Usher by virtue of their majority shareholding.

Registered Number: 15972312
England and Wales
JL2408 PROPERTY SERVICES LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2025 End date: 31 March 2026