John P Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06639710

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		38,866

			-		38,866
CURRENT ASSETS
Debtors	5	39,097		106,415
Cash at bank and in hand		161,443		62,721

		200,540		169,136
Creditors: Amounts Falling Due Within One Year	6	(5,516 )		(160 )

NET CURRENT ASSETS (LIABILITIES)			195,024		168,976

TOTAL ASSETS LESS CURRENT LIABILITIES			195,024		207,842

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(7,385 )

NET ASSETS			195,024		200,457

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			195,022		200,455

SHAREHOLDERS' FUNDS			195,024		200,457

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John P Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Pilkington

Director

17/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

John P Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06639710 . The registered office is 7 Church Road, Linslade, Leighton Buzzard, Bedfordshire, LU7 2LR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.

The directors have decided that the company will cease trading and, accordingly, the financial statements have been prepared on a basis other than that of a going concern. The financial statements have been prepared under the historical cost convention, modified where necessary to reflect the estimated recoverable amounts of assets. Liabilities include all amounts expected to arise from the cessation of the company’s activities.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Cessation of trade

The company ceased trading after the year end and the directors intend to wind up the company once its remaining assets have been realised and its liabilities settled.

The financial statements have therefore been prepared on a break-up basis rather than on a going concern basis.

Assets have been reviewed for impairment and are stated at the lower of their carrying value and estimated recoverable amount. Provision has also been made for liabilities and costs expected to arise from the cessation of the company’s activities, where these obligations existed at the reporting date.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Straight Line
Fixtures & Fittings	20% Straight Line
Computer Equipment	33% Straight Line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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John P Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.5. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	58,190	245	7,100	65,535
Disposals	(58,190 )	(245 )	(7,100 )	(65,535 )

As at 31 March 2026	-	-	-	-

Depreciation
As at 1 April 2025	20,609	245	5,815	26,669
Provided during the period	14,547	-	350	14,897
Disposals	(35,156 )	(245 )	(6,165 )	(41,566 )

As at 31 March 2026	-	-	-	-

Net Book Value
As at 31 March 2026	-	-	-	-

As at 1 April 2025	37,581	-	1,285	38,866

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John P Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	4,700	-
Other debtors	4,941	-
Corporation tax recoverable assets	-	4,751
VAT	-	10,715
Directors' loan accounts	29,456	90,949

	39,097	106,415

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	5,255	-
Other taxes and social security	261	160

	5,516	160

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr John Pilkington	90,949	34,507	96,000	-	29,456

The above loan is unsecured, and repayable on demand.

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