REGISTERED NUMBER: 10629022 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Jono Thompson Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J P Thompson

REGISTERED OFFICE:

397 Redmires Road

Sheffield

South Yorkshire

S10 4LE

REGISTERED NUMBER:

10629022 (England and Wales)

ACCOUNTANTS:

Allround Accountancy Services Limited

Penmore House

Hasland Road

Hasland

Chesterfield

Derbyshire

S41 0SJ

FIXED ASSETS

Tangible assets

4

13,387

17,850

Investment property

5

1,505,000

1,495,198

1,518,387

1,513,048

CURRENT ASSETS

Cash at bank

58,383

42,033

CREDITORS

Amounts falling due within one year

6

17,482

17,242

NET CURRENT ASSETS

40,901

24,791

TOTAL ASSETS LESS CURRENT LIABILITIES

1,559,288

1,537,839

CREDITORS

Amounts falling due after more than one year

7

(1,151,031

)

(1,154,155

)

PROVISIONS FOR LIABILITIES

(98,718

)

(91,458

)

NET ASSETS

309,539

292,226

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

9

526,951

517,149

Retained earnings

(217,414

)

(224,925

)

309,539

292,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 22 May 2026 and were signed by:

J P Thompson - Director

1.	STATUTORY INFORMATION

Jono Thompson Properties Ltd 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.

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.

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

and 28 February 2026

25,994

DEPRECIATION

At 1 March 2025

8,144

Charge for year

4,463

At 28 February 2026

12,607

NET BOOK VALUE

At 28 February 2026

13,387

At 28 February 2025

17,850

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

1,495,198

Revaluations

9,802

At 28 February 2026

1,505,000

NET BOOK VALUE

At 28 February 2026

1,505,000

At 28 February 2025

1,495,198

Fair value at 28 February 2026 is represented by:

£

Valuation in 2026

1,505,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

978,049

978,049

Investment properties was valued on an open market basis on 28 February 2026 by the director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,461

4,249

Other creditors

13,021

12,993

17,482

17,242

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

296,031

299,155

Other creditors

855,000

855,000

1,151,031

1,154,155

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

300,492

303,404

Cambridge & Counties Bank Limited and Belmont Green Finance LTD Trading as Vida Homeloans have a floating charge that covers all the property or undertaking of the company.

9.

RESERVES

Revaluation

reserve

£

At 1 March 2025

517,149

Revaluation

9,802

At 28 February 2026

526,951

10.	RELATED PARTY DISCLOSURES

The director provided a loan to the company, the amount due to the director at the balance sheet date was £867,001 (2025: £867,001) of which £855,000 (2025: £855,000) is due after one year.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J P Thompson.