REGISTERED NUMBER: 01234975 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

JEAN MARKET LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H S Gordon

G D Gordon

SECRETARY:

G D Gordon

REGISTERED OFFICE:

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

REGISTERED NUMBER:

01234975 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

2,618

3,490

Investment property

5

1,460,650

1,460,650

1,463,268

1,464,140

CURRENT ASSETS

Debtors

6

97,537

81,259

Cash at bank

168,692

369,485

266,229

450,744

CREDITORS

Amounts falling due within one year

7

(1,537

)

(87,230

)

NET CURRENT ASSETS

264,692

363,514

TOTAL ASSETS LESS CURRENT LIABILITIES

1,727,960

1,827,654

CREDITORS

Amounts falling due after more than one year

8

-

(3,484

)

NET ASSETS

1,727,960

1,824,170

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

298,000

223,500

Retained earnings

10

1,429,860

1,600,570

SHAREHOLDERS' FUNDS

1,727,960

1,824,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 June 2026 and were signed on its behalf by:

H S Gordon - Director

1.	STATUTORY INFORMATION

Jean Market 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 represents the fair value of consideration received or receivable and rental income is recognised on an accruals basis.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software has been fully amortised in the current year.

Tangible fixed assets

Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Leasehold improvements

-

2% on cost

Fixtures and fittings

-

25% on reducing balance

IT equipment

-

25% on reducing balance

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

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.

Financial instruments

Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation

Taxation for the year 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 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. 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 the Income Statement when they fall due. Amounts not paid are shown in other creditors as a liability on the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

Government assistance

Included in bank loans is a bounceback loan which is guaranteed by the government. As part of the bounceback loan scheme, the government paid the first year of interest on the loan.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

IT

fittings

Equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

3,522

4,271

7,793

DEPRECIATION

At 1 February 2025

1,965

2,338

4,303

Charge for year

389

483

872

At 31 January 2026

2,354

2,821

5,175

NET BOOK VALUE

At 31 January 2026

1,168

1,450

2,618

At 31 January 2025

1,557

1,933

3,490

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

1,460,650

NET BOOK VALUE

At 31 January 2026

1,460,650

At 31 January 2025

1,460,650

Fair value at 31 January 2026 is represented by:

£

Valuation in 2021

261,000

Valuation in 2022

(25,000

)

Valuation in 2023

62,000

Cost

1,162,650

1,460,650

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

97,537

81,259

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

10,420

Trade creditors

-

67,880

Taxation and social security

37

-

Other creditors

1,500

8,930

1,537

87,230

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

3,484

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Retained

Fair value

earnings

reserve

Totals

£

£

£

At 1 February 2025

1,600,570

223,500

1,824,070

Deficit for the year

(3,580

)

(3,580

)

Dividends

(92,630

)

(92,630

)

Transfer

(74,500

)

74,500

-

At 31 January 2026

1,429,860

298,000

1,727,860

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

H S Gordon and G D Gordon

Balance outstanding at start of year

(4

)

35,927

Amounts advanced

186,471

331

Amounts repaid

(127,094

)

(36,262

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

59,373

(4

)

Interest has been charged at the official rate of interest, the loan is unsecured and has no fixed repayment terms.