Company No: 07089443 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

J E Rogers

REGISTERED OFFICE	14 Park Row
	Nottingham
	NG1 6GR
	United Kingdom

COMPANY NUMBER

07089443 (England and Wales)

ACCOUNTANT	Duncan & Toplis Limited
	14 London Road
	Newark
	NG24 1TW

	Note	31.03.2026		30.11.2024
		£		£
Fixed assets
Tangible assets	3	27,218		0
Investment property	4	0		360,000
Investments	5	6,977		8,212
		34,195		368,212
Current assets
Cash at bank and in hand		107,234		2,659
		107,234		2,659
Creditors: amounts falling due within one year	6	( 30,083)		( 24,742)
Net current assets/(liabilities)		77,151		(22,083)
Total assets less current liabilities		111,346		346,129
Creditors: amounts falling due after more than one year	7	0		( 230,725)
Provision for liabilities		0		( 14,728)
Net assets		111,346		100,676
Capital and reserves
Called-up share capital	8	150		150
Fair value reserve		62,787		62,787
Profit and loss account		48,409		37,739
Total shareholder's funds		111,346		100,676

For the financial period ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of James Rogers IT Limited (registered number: 07089443) were approved and authorised for issue by the Director on 09 September 2026. They were signed on its behalf by:

J E Rogers Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

James Rogers IT Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 14 Park Row, Nottingham, NG1 6GR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the director, on an open market value for existing use basis.

2. Employees

	Period from 01.12.2024 to 31.03.2026		Year ended 30.11.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	1		1

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 December 2024	3,419		3,419
Additions	27,218		27,218
Disposals	( 3,419)		( 3,419)
At 31 March 2026	27,218		27,218
Accumulated depreciation
At 01 December 2024	3,419		3,419
Disposals	( 3,419)		( 3,419)
At 31 March 2026	0		0
Net book value
At 31 March 2026	27,218		27,218
At 30 November 2024	0		0

4. Investment property

	Investment property
	£
Valuation
As at 01 December 2024	360,000
Disposals	(360,000)
As at 31 March 2026	0

Valuation

The fair value is determined annually by the director, on an open market value for existing use basis.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	31.03.2026		30.11.2024
	£		£
Historic cost	0		282,486

5. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 December 2024	8,212		8,212
Movement in fair value	( 1,235)		( 1,235)
At 31 March 2026	6,977		6,977
Carrying value at 31 March 2026	6,977		6,977
Carrying value at 30 November 2024	8,212		8,212

6. Creditors: amounts falling due within one year

	31.03.2026		30.11.2024
	£		£
Amounts owed to director	336		20,946
Accruals	3,178		2,396
Corporation tax	26,569		1,400
	30,083		24,742

7. Creditors: amounts falling due after more than one year

	31.03.2026		30.11.2024
	£		£
Bank loans (secured)	0		230,725

8. Called-up share capital

	31.03.2026		30.11.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100
50 A ordinary shares of £ 1.00 each	50		50
	150		150