Company No: 16027001 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Alice Rachel Preece (Appointed 18 October 2024)
	Ann Rachel Preece (Appointed 23 January 2025)

REGISTERED OFFICE	53 Goodramgate
	York
	YO1 7LS
	United Kingdom

COMPANY NUMBER

16027001 (England and Wales)

ACCOUNTANT	Peppercorn Tax Limited
	45 Gresham Street
	London
	EC2V 7BG

	Note	31.12.2025
		£
Fixed assets
Investment property	3	1,632,500
		1,632,500
Current assets
Debtors	4	3,669
Cash at bank and in hand		471,191
		474,860
Creditors: amounts falling due within one year	5	( 28,211)
Net current assets		446,649
Total assets less current liabilities		2,079,149
Net assets		2,079,149
Capital and reserves
Called-up share capital		2,032,500
Profit and loss account		46,649
Total shareholders' funds		2,079,149

For the financial period ending 31 December 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 financial period 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of J.W Preece Limited (registered number: 16027001) were approved and authorised for issue by the Board of Directors on 02 July 2026. They were signed on its behalf by:

Alice Rachel Preece Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

J.W Preece Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 53 Goodramgate, York, YO1 7LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of J.W Preece Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Turnover

The company's primary source of income is rental income generated from investment property. Rental income is recognised when the tenant has the right to use the property, it is probable that economic benefit will flow to the company and the income can be reliably measured.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

2. Employees

	Period from 18.10.2024 to 31.12.2025
	Number
Monthly average number of persons employed by the Company during the period, including directors	0

3. Investment property

	Investment property
	£
Valuation
As at 18 October 2024	0
Additions	1,632,500
As at 31 December 2025	1,632,500

4. Debtors

	31.12.2025
	£
Other debtors	3,669

5. Creditors: amounts falling due within one year

	31.12.2025
	£
Taxation and social security	17,307
Other creditors	10,904
	28,211

6. Financial commitments

Commitments

	31.12.2025
	£
Total future minimum lease payments under non-cancellable operating leases	3,562

7. Related party transactions

Other related party transactions

During the period, the company director undertook a commercial review of business operations and a reorganisation of assets to reflect the commercial operations of these buisnesses. As a result, the company acquired assets previously held by a company under common control.