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REGISTERED NUMBER: 00370375 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

J.B.H.limited

| J.B.H.limited (Registered number: 00370375) |

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| J.B.H.limited |

Company Information

for the Year Ended 31 March 2026

| DIRECTORS: | M J Johnston

| A R E Clifford

| M C E Evans

| N V Guttridge

| SECRETARY: | M J Johnston

| REGISTERED OFFICE: | Ashdene House

| 107 Lavender Sweep

| London

| SW11 1EA

| REGISTERED NUMBER: | 00370375 (England and Wales)

| AUDITORS: | Hardcastle Burton LLP

| Lake House

| Market Hill

| Royston

| Hertfordshire

| SG8 9JN

| PROPERTY CONSULTANTS: | Van De Berg Management Ltd

| 30a Green Lane

| Northwood

| Middlesex

| HA6 2QB

| J.B.H.limited (Registered number: 00370375) |

Statement of Financial Position

31 March 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 3,342,610 |  | 3,186,549 |  |

CURRENT ASSETS

Debtors | 5 | 92,871 |  | 85,917 |  |

Cash at bank | 386,579 |  | 340,846 |  |

479,450 |  | 426,763 |  |

CREDITORS

Amounts falling due within one year | 6 | 154,982 |  | 164,958 |  |

NET CURRENT ASSETS | 324,468 |  | 261,805 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,667,078 |  | 3,448,354 |  |

PROVISIONS FOR LIABILITIES | 8 | 315,849 |  | 265,564 |  |

NET ASSETS | 3,351,229 |  | 3,182,790 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 200,000 |  | 200,000 |  |

Non-distributable reserves | 10 | 1,471,387 |  | 1,101,063 |  |

Capital reserves | 10 | 1,325,706 |  | 1,325,706 |  |

Retained earnings | 10 | 354,136 |  | 556,021 |  |

SHAREHOLDERS' FUNDS | 3,351,229 |  | 3,182,790 |  |

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 17 August 2026 and were signed on its behalf by:

M J Johnston - Director

| J.B.H.limited (Registered number: 00370375) |

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| J.B.H.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 as modified by the revaluation of certain assets.

| The directors believe that the company will continue to be profitable and will have adequate resources in order to pay all of its creditors as they fall due for the foreseeable future and for at least 12 months from the date of signing of these financial statements.

| Significant judgements and estimates

| The preparation of the financial statements requires management to make judgements, estimates and assumptions which impact on the carrying amounts of assets and liabilities. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

| Valuation of investment properties:

| The valuation of the investment properties is on the basis of a valuation carried out by the directors of the company. The valuation was made on an open market basis by reference to market evidence of transaction prices of similar properties.

| Rental income

| Rental income under operating leases is charged to the profit and loss account on a straight-line basis over the period of the lease.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include debtors, 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.

| Basic financial liabilities

| Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| J.B.H.limited (Registered number: 00370375) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

2. | ACCOUNTING POLICIES - continued

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Provision is made for potential tax due on the revalued amount of the freehold property.

| 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.

| Investment property

| The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102 1A. The directors consider that, as these properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view, and that it is necessary to adopt the investment policy under FRS 102 1A in order to give a true and fair view as follows:

| Properties are initially recognised at cost, and subsequently revalued to fair value at each reporting date through the income statement.

| If this departure from the Act had not been made, the profit for the financial year would have been decreased by depreciation. However, the amount of depreciation cannot be reasonably quantified because depreciation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

| Capital reserve

| Although the company does not fulfil all the criteria to be classified as an investment company, profits arising from the disposal of properties are held within a separate capital reserve. Accordingly the directors are of opinion that this treatment of profits and losses on certain property disposals is appropriate to the company's circumstance and is necessary in order to present a true and fair view.

| Equity instruments

| The called up share capital is recognised at the value of cash receivable on being fully paid. Dividends are paid to the shareholders at the discretion of the directors.

| Fixed asset investments

| The fixed asset investments are included at fair value and revalued through the profit and loss.

| Revaluation reserve movement

| The movement in the revaluation reserve shown on the Statement of Changes in Equity is due to the transfer of the investment property and fixed asset investment revaluations and the associated deferred tax movement from distributable retained earnings to the non-distributable revaluation reserve.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2025 - 4 ) .

| J.B.H.limited (Registered number: 00370375) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2025 | 3,186,549 |  |

| Revaluations | 156,061 |  |

| At 31 March 2026 | 3,342,610 |  |

| NET BOOK VALUE

| At 31 March 2026 | 3,342,610 |  |

| At 31 March 2025 | 3,186,549 |  |

| The value of the investment properties are based on the estimated open market values. The directors of the company who have significant knowledge of the property market have reviewed values at 31 March 2026 and confirmed they are accurate at this date.

| Fair value at 31 March 2026 is represented by:

| £ |  |

| Valuations |  |  | 1,787,231 |  |

| Cost |  |  | 1,555,379 |  |

|  | 3,342,610 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Other debtors | 85,098 |  | 64,896 |  |

| Prepayments and accrued income | 7,773 |  | 21,021 |  |

92,871 |  | 85,917 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade creditors | 1,260 |  | 11,404 |  |

| Tax | 55,514 |  | 41,648 |  |

| Social security and other taxes | 7,399 |  | 16,736 |  |

| Other creditors | 22,433 |  | 21,152 |  |

| Income in advance | 44,992 |  | 51,188 |  |

| Accrued expenses | 23,384 |  | 22,830 |  |

154,982 |  | 164,958 |  |

7. | LEASING AGREEMENTS

| Operating leases represent leases to third parties. The leases are negotiated over terms of between 5 and 20 years and are subject to provisions for rent reviews according to prevailing market conditions.

| At the year end date the company held non-cancellable operating leases with tenants specifying minimum lease payments amounting to £1,159,667 (2025 - £1,392,367).

| J.B.H.limited (Registered number: 00370375) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

8. | PROVISIONS FOR LIABILITIES

| 31.3.26 |  | 31.3.25

£ | £ |

| Deferred tax | 315,849 |  | 265,564 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2025 | 265,564 |  |

| Property revaluation | 50,126 |  |

| Accelerated capital allowances | 159 |  |

| Balance at 31 March 2026 | 315,849 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.26 |  | 31.3.25

| value: | £ | £ |

| 200,000 | Ordinary | £1 | 200,000 |  | 200,000 |  |

| The company has one class of ordinary share which carry full voting rights.

10. | RESERVES

| Retained |  | Non-distributable |  | Capital |

| earnings |  | reserves |  | reserves |  | Totals

£ | £ | £ | £ |

| At 1 April 2025 | 556,021 |  | 1,101,063 |  | 1,325,706 |  | 2,982,790 |  |

| Profit for the year | 274,439 |  | 274,439 |  |

| Dividends | (106,000 | ) | (106,000 | ) |

| Transfer to non distributable

| reserve | (370,324 | ) | 370,324 |  | - |  | - |  |

| At 31 March 2026 | 354,136 |  | 1,471,387 |  | 1,325,706 |  | 3,151,229 |  |

| Non distributable retained earnings relates to the revaluation gain on investment properties held in the company less a provision for potential tax arising on a future sale of the properties.

| The capital reserve is made up of the accumulated profits on disposal of properties.

11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Auditors' Report was unqualified.

| Denise Lindsell FCA (Senior Statutory Auditor)

| for and on behalf of Hardcastle Burton LLP

| J.B.H.limited (Registered number: 00370375) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

12. | OFF-BALANCE SHEET ARRANGEMENTS

| Of the investment properties included in the accounts at a valuation of £3,342,610 (2025 - £3,186,549), £1,667,583 (2025 - £1,550,855) are held by way of long leaseholds. The risks and rewards of the long leaseholds are all with the company.

| The investment properties held by the company including those held by way of long leaseholds are all leased to tenants under operating leases.

13. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £22,303 (2025: £22,303) were paid to the directors.

14. | ULTIMATE CONTROLLING PARTY

| There is no one controlling party.

15. | OTHER OPERATING INCOME

| During the year the company received £50,000 (2025: £Nil) in respect of assessed dilapidations which is shown in other operating income.