SMJ Lettings & Developments Ltd Accounts






SMJ Lettings & Developments Ltd

	Company No. 12261261
		Information for Filing with The Registrar
		31 October 2025

The Directors present their report and the accounts for the year ended 31 October 2025.

Principal activities
The principal activity of the company during the year under review was property letting & development.




Directors

The Directors who served at any time during the year were as follows:

M. Davies
J.S. Haggas
S. Haggas







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

M. Davies
Director
29 July 2026

at	31 October 2025
Company No.		12261261	Notes	2025	2024
				£	£
Fixed assets


	Investment property		5	700,000	516,012

				700,000	516,012
Current assets



	Cash at bank and in hand			17,346	11,889
				17,346	11,889
Creditors: Amount falling due within one year			6	(6,720)	(8,963)
Net current assets				10,626	2,926
Total assets less current liabilities				710,626	518,938
Creditors: Amounts falling due after more than one year			7	(449,818)	(453,068)
Provisions for liabilities
	Deferred taxation		8	(45,997)	-

Net assets				214,811	65,870

Capital and reserves
	Called up share capital			99	99



	Profit and loss account		10	214,712	65,771

Total equity				214,811	65,870



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 October 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 29 July 2026 and signed on its behalf by:
M. Davies
Director
29 July 2026

for the year ended 31 October 2025

General information

SMJ Lettings & Developments Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12261261

Its registered office is:

Melbury House

34 Southborough Road

Bickley

Kent

BR1 2EB

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover represents the rent receivable on the company's investment properties in the year.

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 profit and loss account because of items of income or expense that are taxable or deductible in other years 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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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.

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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate 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.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	3	3

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	2,569	4,812

		Total corporation tax	2,569	4,812

		Origination and reversal of timing differences	45,997	-

		Total deferred tax	45,997	-

		Tax on profit on ordinary activities	48,566	4,812

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2025	2024
		11040	£	£
		Profit on ordinary activities before tax	197,507	25,324

		Standard rate of corporation tax in the United Kingdom	19%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	37,526	4,812
		Expenses not deductible for tax purposes	11,040	-




		Tax on profit on ordinary activities	48,566	4,812

5	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 November 2024	516,012

		Revaluation	183,988

		At 31 October 2025	700,000

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£






		Taxes and social security	2,569	4,812


		Accruals and deferred income	4,151	4,151
			6,720	8,963

7	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£






		Other creditors	449,818	453,068

			449,818	453,068

8	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£

		Charge to the profit and loss account for the period	45,997	45,997

		At 31 October 2025	45,997	45,997


			2025	2024
			£	£


		Revaluation of land and buildings	45,997	-

			45,997	-

Share Capital

Allotted, Issued & fully paid

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.