REGISTERED NUMBER: 11718468 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

JPW PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J P Westoby

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

11718468 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

-

245,951

Investment property

5

218,000

-

218,000

245,951

CURRENT ASSETS

Debtors

6

125,816

125,816

Cash at bank

447

1

126,263

125,817

CREDITORS

Amounts falling due within one year

7

210,373

212,247

NET CURRENT LIABILITIES

(84,110

)

(86,430

)

TOTAL ASSETS LESS CURRENT LIABILITIES

133,890

159,521

CREDITORS

Amounts falling due after more than one year

8

174,142

174,135

NET LIABILITIES

(40,252

)

(14,614

)

CAPITAL AND RESERVES

Called up and paid share capital

1

1

Revaluation reserve

10

(27,951

)

-

Retained earnings

(12,302

)

(14,615

)

(40,252

)

(14,614

)

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2026 and were signed by:

J P Westoby - Director

1.	STATUTORY INFORMATION

Jpw Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Land and buildings

-

No depreciation

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 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.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Going concern

The financial statements have been prepared on the going concern concept. This assumes that the company will achieve a profitable level of trading and will continue to enjoy the support of its creditors. The financial statements do not account for any adjustments that would be required if the company was unable to achieve these objectives.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 January 2025

245,951

Reclassification/transfer

(245,951

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

245,951

Cost or valuation at 31 December 2025 is represented by:

**ERROR**

£

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Revaluations

(27,951

)

Reclassification/transfer

245,951

At 31 December 2025

218,000

NET BOOK VALUE

At 31 December 2025

218,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

(27,951

)

Cost

245,951

218,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

125,816

125,816

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

210,373

212,247

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

174,142

174,135

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

174,142

174,135

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

174,142

174,135

The company has a charge held by Kensington Mortgages over the property held at plot E218 East Timber Yard, 118 Pershore Street, Birmingham, B5 6PA

10.

RESERVES

Revaluation

reserve

£

P&L reserve transfer

(27,951

)

At 31 December 2025

(27,951

)

The revaluation reserve is a non-distributable reserve relating to fair value gains or losses on the revaluation of the investment property.