Jollys Investment Property Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11786938 (England and Wales)

JOLLYS INVESTMENT PROPERTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R S Ginever

Mrs J Ginever

Mr T W Ginever

Mr J E Ginever

REGISTERED OFFICE:

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

REGISTERED NUMBER:

11786938 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Investment property

5

155,960

CURRENT ASSETS

Cash at bank

492

95

CREDITORS

Amounts falling due within one year

6

35,786

30,949

NET CURRENT LIABILITIES

(35,294

)

(30,854

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

120,666

125,106

CREDITORS

Amounts falling due after more than one
year

7

79,532

83,636

NET ASSETS

41,134

41,470

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

41,034

41,370

SHAREHOLDERS' FUNDS

41,134

41,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 3 July 2026 and were signed on its behalf by:

Mr R S Ginever - Director

Mrs J Ginever - Director

Mr T W Ginever - Director

Mr J E Ginever - Director

1.	STATUTORY INFORMATION

Jollys Investment Property 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention modified for fair value adjustments where appropriate.

Significant judgements and estimates

The investment property has been reviewed by the directors and consider that as it was purchased during the late part of the year no fair value adjustment is required in the current financial statements.

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 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.

Financial instruments

Financial instruments 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.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

155,960

NET BOOK VALUE

At 31 October 2025

155,960

At 31 October 2024

155,960

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

3,891

3,447

Trade creditors

-

1,122

Amounts owed to related parties

28,241

17,516

Corporation tax

1,927

7,260

Directors' current accounts

370

Accruals and deferred income

1,357

1,234

35,786

30,949

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 1-2 years

3,890

3,445

Bank loans - 2-5 years

11,670

10,036

Bank loans more 5 yr by instal

63,972

70,155

79,532

83,636

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

63,972

70,155

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

83,423

87,083

The bank loan was secured on the investment property.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

10.	RELATED PARTY DISCLOSURES

Key management remuneration during the period amounted to £Nil.

The company received financial assistance amounting to £Nil (2024: £10,725) from a related party this year. At the end of the year the balance outstanding totals to £28,241 (2024: £17,516).