REGISTERED NUMBER: 05991027 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

SJF Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

Mr S J Fuller

Mrs G S Fuller

SECRETARY:

Mr S J Fuller

REGISTERED OFFICE:

Church Farm

Great Hale

Sleaford

Lincolnshire

NG34 9LL

REGISTERED NUMBER:

05991027 (England and Wales)

ACCOUNTANTS:

Prestige Accounting Limited T/A Simon Moss & Co

The Finance Centre

34a Southgate

Sleaford

Lincolnshire

NG34 7RY

FIXED ASSETS

Tangible assets

4

-

7

Investment property

5

535,000

535,000

535,000

535,007

CURRENT ASSETS

Debtors

6

5,811

2,897

Cash at bank

5,709

5,086

11,520

7,983

CREDITORS

Amounts falling due within one year

7

34,762

32,924

NET CURRENT LIABILITIES

(23,242

)

(24,941

)

TOTAL ASSETS LESS CURRENT LIABILITIES

511,758

510,066

CREDITORS

Amounts falling due after more than one year

8

(243,295

)

(263,127

)

PROVISIONS FOR LIABILITIES

(7,873

)

(7,874

)

NET ASSETS

260,590

239,065

CAPITAL AND RESERVES

Called up share capital

10

10

Other reserves

11

94,405

94,405

Retained earnings

11

166,175

144,650

SHAREHOLDERS' FUNDS

260,590

239,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2026 and were signed on its behalf by:

Mr S J Fuller - Director

1.	STATUTORY INFORMATION

SJF Estates 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 December 2024

and 30 November 2025

32,759

DEPRECIATION

At 1 December 2024

32,752

Charge for year

7

At 30 November 2025

32,759

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

7

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

535,000

NET BOOK VALUE

At 30 November 2025

535,000

At 30 November 2024

535,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2010

4,261

Valuation in 2017

28,017

Valuation in 2018

70,000

Cost

432,722

535,000

The company has two investment properties one of the investment properties were valued on an open market basis on 30 November 2018 by the directors at £150,000 and other property was valued on an open market investment basis on 23 January 2019 by Scanlans Consultant Surveyors LLP and valuers at £385,000.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

3,562

683

Other debtors

2,249

2,214

5,811

2,897

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Taxation and social security

5,212

2,113

Other creditors

29,550

30,811

34,762

32,924

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans (see note 9)

243,054

243,054

Other creditors

241

20,073

243,295

263,127

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

243,054

243,054

9.

LOANS

An analysis of the maturity of loans is given below:

30.11.25

30.11.24

£

£

Amounts falling due within one year or on demand:

Other loans

13,450

15,850

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

243,054

243,054

The bank loans are interest only, repayment of a loan of £86,335 is due in February 2032 and repayment of a loan of £156,719 is due in June 2034.

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

243,054

243,054

The bank loans are secured by a charge over the freehold properties owned by the company.

11.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 1 December 2024

144,650

94,405

239,055

Profit for the year

21,525

21,525

At 30 November 2025

166,175

94,405

260,580

The other reserves are non-distributable being the unrealised gains on the company's investment properties.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2025 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Prestige Accounting Limited T/A Simon Moss & Co

The Finance Centre

34a Southgate

Sleaford

Lincolnshire

NG34 7RY

23 August 2026