REGISTERED NUMBER: 10632424 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28th February 2026

for

PJ Hughes Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J Hughes

REGISTERED OFFICE:

Capella House

New Dover Road

Capel-le-Ferne

FOLKESTONE

Kent

CT18 7JJ

REGISTERED NUMBER:

10632424 (England and Wales)

ACCOUNTANTS:

Blain Pritchard

Chartered Certified Accountants

74 College Road

Maidstone

Kent

ME15 6SL

FIXED ASSETS

Tangible assets

4

24,475

30,673

Investment property

5

3,370,000

2,931,000

3,394,475

2,961,673

CURRENT ASSETS

Debtors

6

417,540

1,107,601

Cash at bank

375,345

21,641

792,885

1,129,242

CREDITORS

Amounts falling due within one year

7

54,561

82,698

NET CURRENT ASSETS

738,324

1,046,544

TOTAL ASSETS LESS CURRENT LIABILITIES

4,132,799

4,008,217

CREDITORS

Amounts falling due after more than one year

8

(325,045

)

(631,045

)

PROVISIONS FOR LIABILITIES

(328,718

)

(218,750

)

NET ASSETS

3,479,036

3,158,422

CAPITAL AND RESERVES

Called up share capital

2,125,100

2,125,100

Property revaluation reserves

985,282

656,250

Retained earnings

368,654

377,072

3,479,036

3,158,422

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28th 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 Profit and Loss Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7th August 2026 and were signed by:

P J Hughes - Director

1.	STATUTORY INFORMATION

PJ Hughes 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.

Tangible fixed assets

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

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 Profit and Loss 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 1st March 2025

and 28th February 2026

51,309

DEPRECIATION

At 1st March 2025

20,636

Charge for year

6,198

At 28th February 2026

26,834

NET BOOK VALUE

At 28th February 2026

24,475

At 28th February 2025

30,673

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st March 2025

2,931,000

Revaluations

439,000

At 28th February 2026

3,370,000

NET BOOK VALUE

At 28th February 2026

3,370,000

At 28th February 2025

2,931,000

Fair value at 28th February 2026 is represented by:

£

Valuation in 2026

3,370,000

If the investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

2,045,000

2,045,000

Aggregate depreciation

(122,700

)

(102,250

)

The investment property was valued on an open market basis on 28th February 2026 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

747

3,847

Other debtors

416,793

1,103,754

417,540

1,107,601

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

27,402

55,368

Other creditors

27,159

27,330

54,561

82,698

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

324,000

630,000

Other creditors

1,045

1,045

325,045

631,045

9.	RELATED PARTY DISCLOSURES