REGISTERED NUMBER: 16126327 (England and Wales)

Unaudited Financial Statements

for the period

9 December 2024 to 31 December 2025

for

JFC Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

Mrs K M Oram

A Parrott

J Clayton

REGISTERED OFFICE:

Dairy Court Wales

Queen Camel

Yeovil

Somerset

BA22 7PA

REGISTERED NUMBER:

16126327 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

FIXED ASSETS

Tangible assets

4

923,950

CURRENT ASSETS

Cash at bank and in hand

62,886

CREDITORS

Amounts falling due within one year

5

(1,003,117

)

NET CURRENT LIABILITIES

(940,231

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,281

)

CAPITAL AND RESERVES

Called up share capital

6

1

Retained earnings

(16,282

)

SHAREHOLDERS' FUNDS

(16,281

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

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

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Mrs K M Oram - Director

J Clayton - Director

1.	STATUTORY INFORMATION

JFC 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.

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.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery - 20% straight line

Taxation

Taxation for the period 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.

Investment property

Investment property comprises freehold property held to earn rental income and/or for capital appreciation. It is measured at fair value at each reporting date, with changes in fair value recognised in profit or loss in accordance with Section 16 of FRS 102. Fair value is determined by management on the basis of open market value, having regard to comparable market transactions and current rental levels.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Share capital

Ordinary shares are classed as equity.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

918,928

5,580

924,508

At 31 December 2025

918,928

5,580

924,508

DEPRECIATION

Charge for period

-

558

558

At 31 December 2025

-

558

558

NET BOOK VALUE

At 31 December 2025

918,928

5,022

923,950

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,317

Other creditors

1,001,800

1,003,117

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£0.01

1

7.	RELATED PARTY DISCLOSURES

Personal injury trust of Director Jack Clayton

Nature of relationship

The trust is a related party because Director Jack Clayton is the sole beneficiary of the trust.

Description of transaction

During the year, the trust provided a loan of £1,000,000 to the company to finance the acquisition of Wales Farm, Wales, Queen Camel, Yeovil, BA22 7PA. This is intended to be let commercially to generate rental income.

Amount of transaction in the period

Loan advanced in the year: £1,000,000

Repayments in the year: £nil

Amount outstanding at the year end

Amount owed to the trust at 31 December 2025: £1,000,000

Terms and conditions

The loan is interest-free and is repayable within 30 days of demand in part or in full. The finance facility of £1,000,00 is secured on the assets of the company.

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JFC Estates Limited for the period ended 31 December 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of JFC Estates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JFC Estates Limited and state those matters that we have agreed to state to the Board of Directors of JFC Estates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JFC Estates Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JFC Estates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of JFC Estates Limited. You consider that JFC Estates Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of JFC Estates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

27 August 2026