REGISTERED NUMBER: 13199935 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

JOHNS' YARD 2 LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,449

-

Investment property

5

1,713,358

1,350,000

1,714,807

1,350,000

CURRENT ASSETS

Debtors

6

4,775

-

Cash at bank

14,544

15,263

19,319

15,263

CREDITORS

Amounts falling due within one year

7

1,152,354

838,678

NET CURRENT LIABILITIES

(1,133,035

)

(823,415

)

TOTAL ASSETS LESS CURRENT LIABILITIES

581,772

526,585

PROVISIONS FOR LIABILITIES

81,664

81,305

NET ASSETS

500,108

445,280

CAPITAL AND RESERVES

Called up share capital

8

1

1

Non-distributable reserves

9

243,917

243,917

Retained earnings

9

256,190

201,362

SHAREHOLDERS' FUNDS

500,108

445,280

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 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 6 August 2026 and were signed on its behalf by:

J A Blake - Director

1.	STATUTORY INFORMATION

Johns' Yard 2 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:

13199935

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.

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.

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 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 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

Additions

1,705

At 31 March 2026

1,705

DEPRECIATION

Charge for year

256

At 31 March 2026

256

NET BOOK VALUE

At 31 March 2026

1,449

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,350,000

Additions

363,358

At 31 March 2026

1,713,358

NET BOOK VALUE

At 31 March 2026

1,713,358

At 31 March 2025

1,350,000

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

1,713,358

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

4,775

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

180

37

Amounts owed to group undertakings

1,021,869

818,107

Taxation and social security

18,667

16,080

Other creditors

111,638

4,454

1,152,354

838,678

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Retained

Non-distributable

earnings

reserves

Totals

£

£

£

At 1 April 2025

201,362

243,917

445,279

Profit for the year

54,828

54,828

At 31 March 2026

256,190

243,917

500,107

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.

10.	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) J A Blake (Director)

(107,338

)

(708

)

Amounts owed by/(to) Johns' Yard Ltd (Group undertakings)

(1,021,869

)

(818,107

)

11.	ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent undertaking is Johns' Yard Limited.

The registered office of Johns' Yard Limited is Ratoath House, Hazelwood Close, Storrington, West Sussex, RH20 3HX, England.