REGISTERED NUMBER: 05727923 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

J Penn Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J W M Penn

SECRETARY:

Mrs M P Penn

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

REGISTERED NUMBER:

05727923 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Investments

4

40

40

CURRENT ASSETS

Debtors

5

107,754

81,620

Cash at bank

195,887

135,707

303,641

217,327

CREDITORS

Amounts falling due within one year

6

160,872

99,424

NET CURRENT ASSETS

142,769

117,903

TOTAL ASSETS LESS CURRENT LIABILITIES

142,809

117,943

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

142,709

117,843

SHAREHOLDERS' FUNDS

142,809

117,943

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2026 and were signed by:

Mr J W M Penn - Director

1.	STATUTORY INFORMATION

J Penn 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.

Turnover

Turnover represents the company's share of profits of the partnership.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

and 31 October 2025

40

NET BOOK VALUE

At 31 October 2025

40

At 31 October 2024

40

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Due from partnership

31,641

38,935

Corporation tax refund

-

9,637

Directors' current accounts

76,113

33,048

107,754

81,620

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

2,718

-

Other creditors

157,152

98,470

Accruals and deferred income

1,002

954

160,872

99,424

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

35

Ordinary A

£1

35

35

35

Ordinary B

£1

35

35

15

Ordinary C

£1

15

15

15

Ordinary D

£1

15

15

100

100

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

Mr J W M Penn

Balance outstanding at start of year

33,048

45,399

Amounts advanced

77,377

77,609

Amounts repaid

(34,312

)

(89,960

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

76,113

33,048

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum up to 5th April 2025 and 3.75% thereafter.

9.	RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from companies with common directors amounted to £72,387 (2024: £9,41l).