John Swift Property Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04962761

Unaudited Financial Statements for the Year Ended 31 December 2025

for

John Swift Property Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K S Malone

A L Hackett

SECRETARY:

K S Malone

REGISTERED OFFICE:

John Swift Building

19 Mason Street

Manchester

M4 5FT

REGISTERED NUMBER:

04962761

ACCOUNTANTS:

U&W Limited

Chartered Accountants

452 Manchester Road

Heaton Chapel

Stockport

SK4 5DL

FIXED ASSETS

Tangible assets

4

1,103,555

CURRENT ASSETS

Cash at bank and in hand

272,396

44,654

CREDITORS

Amounts falling due within one year

5

73,105

5,268

NET CURRENT ASSETS

199,291

39,386

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,302,846

1,142,941

CREDITORS

Amounts falling due after more than one
year

6

4,220

10,415

NET ASSETS

1,298,626

1,132,526

CAPITAL AND RESERVES

Called up share capital

7

Revaluation reserve

8

363,589

Retained earnings

8

935,030

768,930

SHAREHOLDERS' FUNDS

1,298,626

1,132,526

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 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 28 May 2026 and were signed on its behalf by:

K S Malone - Director

1.	STATUTORY INFORMATION

John Swift Property Company Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

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

Freehold property

-

not provided

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 (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

1,103,555

NET BOOK VALUE

At 31 December 2025

1,103,555

At 31 December 2024

1,103,555

Cost or valuation at 31 December 2025 is represented by:

Freehold

property

£

Valuation in 2025

1,103,555

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Tax

70,645

2,808

Accrued expenses

2,460

73,105

5,268

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans

4,220

10,415

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

4

Ordinary

£1

4

2

B Shares

£1

2

1

C Shares

£1

1

7

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 January 2025

768,930

363,589

1,132,519

Profit for the year

214,100

Dividends

(48,000

)

(48,000

)

At 31 December 2025

935,030

363,589

1,298,619