IRIS Accounts Production v26.2.0.496 03753200 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03753200 2024-12-31 03753200 2025-12-31 03753200 2025-01-01 2025-12-31 03753200 2023-12-31 03753200 2024-01-01 2024-12-31 03753200 2024-12-31 03753200 ns15:EnglandWales 2025-01-01 2025-12-31 03753200 ns14:PoundSterling 2025-01-01 2025-12-31 03753200 ns10:Director1 2025-01-01 2025-12-31 03753200 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03753200 ns10:SmallEntities 2025-01-01 2025-12-31 03753200 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 03753200 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 03753200 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 03753200 ns10:FullAccounts 2025-01-01 2025-12-31 03753200 ns10:Director2 2025-01-01 2025-12-31 03753200 ns10:CompanySecretary1 2025-01-01 2025-12-31 03753200 ns10:RegisteredOffice 2025-01-01 2025-12-31 03753200 ns5:CurrentFinancialInstruments 2025-12-31 03753200 ns5:CurrentFinancialInstruments 2024-12-31 03753200 ns5:ShareCapital 2025-12-31 03753200 ns5:ShareCapital 2024-12-31 03753200 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 03753200 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 03753200 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 03753200 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31

REGISTERED NUMBER: 03753200 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

JML Properties Limited

JML Properties Limited (Registered number: 03753200)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

JML Properties Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | P F Lovel

| Mrs H M Lovel

| SECRETARY: | P F Lovel

| REGISTERED OFFICE: | 12 Innovation Drive

| Newport

| Brough

| East Yorkshire

| HU15 2FW

| REGISTERED NUMBER: | 03753200 (England and Wales)

| ACCOUNTANTS: | WOODGATES

| Chartered Accountants

| 25 Woodgates Lane

| North Ferriby

| East Yorkshire

| HU14 3JR

JML Properties Limited (Registered number: 03753200)

Balance Sheet

31 December 2025

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 5 | 92,482 |  | 143,231 |  |

Cash at bank | 431 |  | 999 |  |

92,913 |  | 144,230 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,170 |  | 916 |  |

NET CURRENT ASSETS | 91,743 |  | 143,314 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 91,743 |  | 143,314 |  |

CAPITAL AND RESERVES

Called up share capital | 99 |  | 99 |  |

Retained earnings | 91,644 |  | 143,215 |  |

SHAREHOLDERS' FUNDS | 91,743 |  | 143,314 |  |

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 directors acknowledge their 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 Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

P F Lovel - Director

JML Properties Limited (Registered number: 03753200)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| JML Properties 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Significant judgements and estimates

| The directors revalue the Company's investment properties each year. The determination of the fair value of each property requires the use of estimates and assumptions in relation to factors such as future rental income and current market conditions.

| Turnover

| Turnover represents rents receivable.

| Rents receivable are recognised for the period to which they relate.

| Investment property

| Investment properties are shown at the most recent fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account. Deferred taxation is provided on gains recognised in the profit and loss account. No depreciation is provided on Investment Properties.

| Financial instruments

| Cash and bank balances

| Cash and bank balances are recognised at transaction price.

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments.

JML Properties Limited (Registered number: 03753200)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

4. | EMPLOYEES AND DIRECTORS

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

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Other debtors | 92,482 |  | 143,231 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Other creditors | 1,170 |  | 916 |  |