Johns' Yard Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11009861 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

JOHNS' YARD LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,958

3,915

Investments

5

1

Investment property

6

24,494,022

23,822,911

24,495,981

23,826,827

CURRENT ASSETS

Debtors

7

1,053,467

848,937

Cash at bank

151,849

254,555

1,205,316

1,103,492

CREDITORS

Amounts falling due within one year

8

1,092,568

1,121,399

NET CURRENT ASSETS/(LIABILITIES)

112,748

(17,907

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,608,729

23,808,920

CREDITORS

Amounts falling due after more than one
year

9

(10,153,000

)

(9,505,000

)

PROVISIONS FOR LIABILITIES

12

(1,361,297

)

(1,361,557

)

NET ASSETS

13,094,432

12,942,363

CAPITAL AND RESERVES

Called up share capital

13

3,240,710

Share premium

14

1,571,400

Non-distributable reserves

14

5,680,298

Retained earnings

14

2,602,024

2,449,955

SHAREHOLDERS' FUNDS

13,094,432

12,942,363

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2026 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 29 July 2026 and were signed on its behalf by:

J A Blake - Director

1.	STATUTORY INFORMATION

Johns' Yard Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11009861

Registered office:

Ratoath House

Hazelwood Close

Storrington

West Sussex

RH20 3HX

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Johns' Yard Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 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.

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 (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

and 31 March 2026

10,702

DEPRECIATION

At 1 April 2025

6,787

Charge for year

1,957

At 31 March 2026

8,744

NET BOOK VALUE

At 31 March 2026

1,958

At 31 March 2025

3,915

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2025

and 31 March 2026

1

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

The Company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Johns' Yard 2 Limited

Registered office: Ratoath House, Hazelwood Close, Storrington, West Sussex, RH20 3HX, England

Nature of business: Letting of investment properties

%

Class of shares:

holding

Ordinary

100.00

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

23,822,911

Additions

671,111

At 31 March 2026

24,494,022

NET BOOK VALUE

At 31 March 2026

24,494,022

At 31 March 2025

23,822,911

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2026 by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

24,494,022

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed by group undertakings

1,021,869

818,107

Other debtors

31,598

30,830

1,053,467

848,937

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

9,178

6,487

Taxation and social security

52,360

49,852

Other creditors

1,031,030

1,065,060

1,092,568

1,121,399

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans (see note 10)

10,153,000

9,505,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs

10,153,000

9,505,000

10.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs

10,153,000

9,505,000

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

10,153,000

9,505,000

The bank loans are secured by charges over the assets of the company.

12.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

1,361,297

1,361,557

Deferred

tax

£

Balance at 1 April 2025

1,361,557

Provided during year

(260

)

Balance at 31 March 2026

1,361,297

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

3,240,002

Ordinary

£1

3,240,002

2,957,168

Ordinary A

0.003

3816

100

4,310

Ordinary B

0.046

3922

2

1,306,254

Ordinary D

0.046

3922

606

3,240,710

14.

RESERVES

Retained

Share

Non-distributable

earnings

premium

reserves

Totals

£

At 1 April 2025

2,449,955

1,571,400

5,680,298

9,701,653

Profit for the year

152,069

At 31 March 2026

2,602,024

1,571,400

5,680,298

9,853,722

Non-distributable reserves represent cumulative unrealised fair value movements on investment properties net of provisions for deferred taxation.

Transfers between retained earnings and non-distributable reserves represent the unrealised fair value movements on investment properties net of provisions for deferred taxation in the current year.

15.	RELATED PARTY DISCLOSURES

The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:

2026

2025

£

Amounts owed by/(to) Directors

(618,140

)

(796,381

)

Amounts owed by/(to) Johns' Yard 2 Limited (Group Undertaking)

1,021,869

818,107

Management fees paid to connected undertakings

180,250

66,167

Interest paid to directors

-

114,000

Connected Undertakings:

A company having the same or predominantly the same shareholders and or Board of Directors but which neither is a parent, subsidiary, fellow subsidiary nor associated company.