ACCOUNTS - Final Accounts preparation

Company registration number: 04027826

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2026

	JECTUS PROPERTIES LTD


JECTUS PROPERTIES LTD

COMPANY INFORMATION

Directors	Mrs CJ Leach
	Mr CDS Leach
	Mrs E Leach
	Mr J Leach


Registered number	04027826


Registered office	122 Lower Ham Road
	Kingston Upon Thames
	Surrey
	KT2 5BD


Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


JECTUS PROPERTIES LTD

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 7


JECTUS PROPERTIES LTD REGISTERED NUMBER:04027826

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		9,802,744		10,203,552
Investments	5		1,090		1,090
			9,803,834		10,204,642
Current assets
Debtors: amounts falling due within one year	6	33,678		45,103
Cash at bank and in hand		93,431		108,098
		127,109		153,201
Creditors: amounts falling due within one year	7	(8,938,454)		(9,059,639)
Net current liabilities			(8,811,345)		(8,906,438)
Total assets less current liabilities			992,489		1,298,204
Provisions for liabilities
Deferred tax		(34,845)		(134,845)
			(34,845)		(134,845)
Net assets			957,644		1,163,359

Capital and reserves
Called up share capital	100	100
Profit and loss account	957,544	1,163,259
	957,644	1,163,359

Page 1


JECTUS PROPERTIES LTD REGISTERED NUMBER:04027826

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by on by:

Mrs CJ Leach

Director

Date: 8 June 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


JECTUS PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Jectus Properties Ltd is a private company limited by shares incorporated in England and Wales. The address of the registered office and trading address are provided in the company information page of these financial statements.

The financial statements are presented in sterling which is the functional currency of the company and rounded to

the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

The revenue shown in the Statement of Income and Retained Earnings represents rent receivable from the investment property held exclusive of value added tax.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3


JECTUS PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Investment property

Investment property is carried at fair value determined annually by the directors 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. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

Page 4


JECTUS PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

3.	Employees
	The average monthly number of employees, including directors, during the year was 5 (2025 - 2).

Page 5


JECTUS PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Tangible fixed assets

	Investment property	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 February 2025	10,200,000	24,938	10,224,938
Revaluations	(400,000)	-	(400,000)
At 31 January 2026	9,800,000	24,938	9,824,938
Depreciation
At 1 February 2025	-	21,386	21,386
Charge for the year on owned assets	-	808	808
At 31 January 2026	-	22,194	22,194
Net book value
At 31 January 2026	9,800,000	2,744	9,802,744
At 31 January 2025	10,200,000	3,552	10,203,552

The company's investment properties were valued by the directors at estimated market value at 31 January 2026.

5.	Fixed asset investments

	Unlisted investments	Loans to associates	Total
	£	£	£
Cost or valuation
At 1 February 2025	1	1,089	1,090
At 31 January 2026	1	1,089	1,090

Page 6


JECTUS PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Debtors

					2026	2025
					£	£


Other debtors	5,549	6,152
Prepayments and accrued income	28,129	38,951
	33,678	45,103

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Other loans	8,853,874	8,973,874
Trade creditors	6,184	18,779
Corporation tax	33,127	36,211
Other creditors	18,650	18,150
Accruals and deferred income	26,619	12,625
	8,938,454	9,059,639

8.	Related party transactions
	The shareholders provided an interest free loan of £8,853,874 (2025: £8,973,874).

Page 7