REGISTERED NUMBER: 09864555 (England and Wales)

Financial Statements

for the Period

1 October 2023 to 28 September 2024

for

JKO PROPERTY INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr R J J Jackson

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

09864555 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Investment property

4

1,171,573

1,171,573

CURRENT ASSETS

Debtors

5

27,306

26,518

Cash at bank

3,804

4,872

31,110

31,390

CREDITORS

Amounts falling due within one year

6

516,176

497,781

NET CURRENT LIABILITIES

(485,066

)

(466,391

)

TOTAL ASSETS LESS CURRENT LIABILITIES

686,507

705,182

CREDITORS

Amounts falling due after more than one year

7

(349,567

)

(362,201

)

PROVISIONS FOR LIABILITIES

10

(29,038

)

(23,569

)

NET ASSETS

307,902

319,412

CAPITAL AND RESERVES

Called up share capital

11

100

100

Non-distributable reserves

87,113

92,582

Retained earnings

220,689

226,730

SHAREHOLDERS' FUNDS

307,902

319,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 September 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2026 and were signed by:

Mr R J J Jackson - Director

1.	STATUTORY INFORMATION

JKO Property Investments 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

and 28 September 2024

1,171,573

NET BOOK VALUE

At 28 September 2024

1,171,573

At 30 September 2023

1,171,573

Fair value at 28 September 2024 is represented by:

£

Valuation in 2022

91,151

Valuation in 2023

25,000

Cost

1,055,422

1,171,573

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.9.24

30.9.23

£

£

Other debtors

27,306

25,468

Prepayments

-

1,050

27,306

26,518

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.9.24

30.9.23

£

£

Bank loans and overdrafts (see note 8)

12,553

12,470

Trade creditors

3,240

-

Tax

226

226

Other creditors

395

-

Directors' current accounts

494,327

482,067

Accruals and deferred income

5,435

3,018

516,176

497,781

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.9.24

30.9.23

£

£

Bank loans (see note 8)

349,567

362,201

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

299,356

312,320

8.

LOANS

An analysis of the maturity of loans is given below:

28.9.24

30.9.23

£

£

Amounts falling due within one year or on demand:

Bank loans

12,553

12,470

Amounts falling due between one and two years:

Bank loans - 1-2 years

12,553

12,470

Amounts falling due between two and five years:

Bank loans - 2-5 years

37,658

37,411

28.9.24

30.9.23

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

299,356

312,320

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.9.24

30.9.23

£

£

Bank loans

362,120

374,671

Bank loans totalling £362,120 (2023: £374,671) are secured against investments to which they relate.

10.	PROVISIONS FOR LIABILITIES

28.9.24

30.9.23

£

£

Deferred tax

29,038

23,569

Deferred

tax

£

Balance at 1 October 2023

23,569

Provided during period

5,469

Balance at 28 September 2024

29,038

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.9.24

30.9.23

value:

£

£

75

A Ordinary

£1

75

75

24

B Ordinary

£1

24

24

1

C Ordinary

£1

1

1

100

100

12.	RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors due within one year is £494,327 (2023: £482,067), due and payable to the director. The amount is interest free and repayable on demand.

As at the balance sheet date, the company was owed £27,306 (2023: £25,468) from Ibiza Properties Limited, a company which is related by virtue of its common ownership.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R J J Jackson.