REGISTERED NUMBER: 04620546 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

J C S DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J C Spearing

SECRETARY:

Miss D A Garrett

REGISTERED OFFICE:

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

REGISTERED NUMBER:

04620546 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Tangible assets

4

9,375

13,400

Investments

5

2,200

2,100

Investment property

6

6,527,357

6,527,357

6,538,932

6,542,857

CURRENT ASSETS

Debtors

7

6,269,036

6,537,955

Cash at bank

18,515

16,612

6,287,551

6,554,567

CREDITORS

Amounts falling due within one year

8

4,611,038

5,394,009

NET CURRENT ASSETS

1,676,513

1,160,558

TOTAL ASSETS LESS CURRENT LIABILITIES

8,215,445

7,703,415

CREDITORS

Amounts falling due after more than one year

9

(500,000

)

(500,000

)

PROVISIONS FOR LIABILITIES

(639,144

)

(632,786

)

NET ASSETS

7,076,301

6,570,629

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

2,257,036

2,257,036

Retained earnings

4,819,165

4,313,493

SHAREHOLDERS' FUNDS

7,076,301

6,570,629

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

J C Spearing - Director

1.	STATUTORY INFORMATION

J C S Developments 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about J C S Developments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 Profit and Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

27,296

26,335

14,922

68,553

Additions

240

-

1,789

2,029

Disposals

-

(16,985

)

-

(16,985

)

At 31 December 2025

27,536

9,350

16,711

53,597

DEPRECIATION

At 1 January 2025

25,796

16,051

13,306

55,153

Charge for year

348

1,754

681

2,783

Eliminated on disposal

-

(13,714

)

-

(13,714

)

At 31 December 2025

26,144

4,091

13,987

44,222

NET BOOK VALUE

At 31 December 2025

1,392

5,259

2,724

9,375

At 31 December 2024

1,500

10,284

1,616

13,400

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

2,100

Additions

100

At 31 December 2025

2,200

NET BOOK VALUE

At 31 December 2025

2,200

At 31 December 2024

2,100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

6,527,357

NET BOOK VALUE

At 31 December 2025

6,527,357

At 31 December 2024

6,527,357

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

2,893,989

Cost

3,633,368

6,527,357

If investment property had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

3,633,368

3,633,368

Investment property was valued on an open market basis on 31 December 2025 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

1,800

825

Amounts owed by group undertakings

1,744,865

2,029,245

Other debtors

4,522,371

4,507,885

6,269,036

6,537,955

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

2,320,000

2,320,000

Trade creditors

56,723

53,688

Amounts owed to group undertakings

1,589,006

1,588,740

Amounts owed to participating interests

125,003

539,356

Taxation and social security

42,262

33,614

Other creditors

478,044

858,611

4,611,038

5,394,009

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

500,000

500,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

2,320,000

2,320,000

The bank loans are secured on all the relevant property owned by the company. The director has also given bank guarantees on the borrowings up to £1,812,500 (2024 - £1,812,500). The company has also given guarantees to the bank of £4,000,000 (2024 -£4,000,000l) in respect of bank loans in other group companies.The company has a charge over the joint venture company which it has loaned £4,500,000 (2024 - £4,500,000).

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.