Company registration number: 15432167
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
L & J Rentals Limited
Pages for filing with the Registrar
Company registration number: 15432167
L & J Rentals Limited
Balance sheet
as at 31 December 2025
31 Dec 25 31 Dec 24
Note £ £ £ £
Fixed assets
Investment property 4 1,495,000 1,480,000
1,495,000 1,480,000
Current assets
Debtors 7,651 6,027
Cash at bank and in hand 21,108 11,467
28,759 17,494
Creditors: amounts falling due within one year
(17,151) (22,410)
Net current assets/(liabilities) 11,608 (4,916)
Total assets less current liabilities 1,506,608 1,475,084
Creditors: Amounts falling due after more than one year
5 (101,490) (93,539)
Provisions for liabilities (3,750) -
NET ASSETS 1,401,368 1,381,545
Capital and reserves
Called up share capital 98 98
Share premium account 1,359,767 1,359,767
Profit and loss account 41,503 21,680
TOTAL EQUITY 1,401,368 1,381,545
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 15432167
L & J Rentals Limited
Balance sheet - continued
as at 31 December 2025
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 account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 24 August 2026 and signed on its behalf by:
Mr D Hutchings, Director
24 August 2026
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L & J Rentals Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
L & J Rentals Limited is a private company registered in England and Wales. Its registered number is 15432167. The company is limited by shares. Its registered office is The Chase, Great Lane, Northampton, Northamptonshire, NN7 3PE.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Investment property
Investment property is shown at its 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 taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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L & J Rentals Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Investment property
£
Valuation
At 1 January 2025 1,480,000
Revaluations 15,000
At 31 December 2025 1,495,000
5 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
31 Dec 25 31 Dec 24
£ £
Repayable by instalments
Bank loans 101,490 93,539
6 Secured debts
Creditors falling due after one year include a mortgage on one of the investment properties - balance at 31 December 2025 £101,490 (2024:£93,539). The mortgage is secured on the property on which the loan was granted.
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