REGISTERED NUMBER: 07587267 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

P & L JACKSON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P Jackson

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

07587267 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

11,147

14,863

Investments

5

2

-

Investment property

6

1,446,351

1,446,351

1,457,500

1,461,214

CURRENT ASSETS

Debtors

7

1,268,436

1,523,785

Cash at bank and in hand

957,106

758,106

2,225,542

2,281,891

CREDITORS

Amounts falling due within one year

8

16,327

41,501

NET CURRENT ASSETS

2,209,215

2,240,390

TOTAL ASSETS LESS CURRENT LIABILITIES

3,666,715

3,701,604

PROVISIONS FOR LIABILITIES

9

2,118

2,824

NET ASSETS

3,664,597

3,698,780

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

3,664,497

3,698,680

SHAREHOLDERS' FUNDS

3,664,597

3,698,780

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

Mr P Jackson - Director

1.	STATUTORY INFORMATION

P & L Jackson 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.

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.

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 reducing balance

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 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 tax

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 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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

and 31 March 2026

40,732

DEPRECIATION

At 1 April 2025

25,869

Charge for year

3,716

At 31 March 2026

29,585

NET BOOK VALUE

At 31 March 2026

11,147

At 31 March 2025

14,863

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

2

At 31 March 2026

2

NET BOOK VALUE

At 31 March 2026

2

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Light Co Holdings Limited

Registered office: 1 Langley Court, Pyle Street, Newport, Isle Of Wight, England, PO30 1LA

Nature of business: Non-trading holding company

%

Class of shares:

holding

Ordinary D

0.96

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,446,351

NET BOOK VALUE

At 31 March 2026

1,446,351

At 31 March 2025

1,446,351

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Amounts owed by associates

103,025

-

Other debtors

84,430

358,022

Prepayments

379

773

187,834

358,795

Amounts falling due after more than one year:

Other debtors

1,080,602

1,164,990

Aggregate amounts

1,268,436

1,523,785

Other debtors due with one year consists of loans advanced to the following companies:

- HB Jackson Limited of £39,796 (2025: £308,296);

- R J Dooley Limited of £36,375 (2025: £37,026);

- B & K Vaughan Limited of £8,259 (2025: £12,700);

Other debtors due after one year consists of loans advanced to the following companies:

- HB Jackson Limited of £370,373 (2025: £408,161);

- R J Dooley Limited of £354,382 (2025: £388,747);

- B & K Vaughan Limited of £Nil (2025: £12,236);

- Other loan £355,846 (2025: £355,846).

There is a formal loan agreement in place and interest is calculated and payable at the end of the repayment period. The loan of £355,846 is an unsecured loan to a third party.

Amounts owed by associates relates to an unsecured, interest free loan provided to Light Co Holdings Limited.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

5,824

11,428

Directors' current accounts

10,503

30,073

16,327

41,501

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

2,118

2,824

Deferred tax

£

Balance at 1 April 2025

2,824

Provided during year

(706

)

Balance at 31 March 2026

2,118

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

85

Ordinary A

£1

85

85

15

Ordinary B

£1

15

15

100

100

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Paul Jackson by virtue of his majority shareholding.