J Mac Investments (North East) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 15073356 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

J Mac Investments (North East) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L A McCarthy

D L Hoggett

REGISTERED OFFICE:

J Mac House

Portrack Grange Road

STOCKTON ON TEES

TS18 2PH

REGISTERED NUMBER:

15073356 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Great North House

20 Allington Way

DARLINGTON

Co Durham

DL1 4QB

FIXED ASSETS

Tangible assets

4

5,838

-

Investments

5

40

Investment property

6

297,456

303,334

297,496

CURRENT ASSETS

Debtors

7

6,777

3,972

Cash at bank and in hand

4,507

60

11,284

4,032

CREDITORS

Amounts falling due within one year

8

(27,057

)

(13,860

)

NET CURRENT LIABILITIES

(15,773

)

(9,828

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

287,561

287,668

CREDITORS

Amounts falling due after more than one
year

9

(150,991

)

(154,666

)

NET ASSETS

136,570

133,002

CAPITAL AND RESERVES

Called up share capital

11

100

Retained earnings

136,470

132,902

SHAREHOLDERS' FUNDS

136,570

133,002

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

The members have not required the company to obtain an audit of its financial statements for the year 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 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 24 June 2026 and were signed on its behalf by:

L A McCarthy - Director

1.	STATUTORY INFORMATION

J Mac Investments (North East) 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.

There were no departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions which have been conducted under normal market conditions.

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

-

15% on cost

Computer equipment

-

15% on cost

Assets are held at cost less depreciation and provisions for impairment

Investments in subsidiaries

Fixed asset investments are recognised at cost less any provisions for impairment.

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.

Financial instruments

Basic financial instruments are recognised at amortised cost with charges 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 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.

Rental income

Rental income is recognised in accordance with the contractual terms of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

Additions

5,945

739

6,684

At 31 December 2025

5,945

739

6,684

DEPRECIATION

Charge for year

794

52

846

At 31 December 2025

794

52

846

NET BOOK VALUE

At 31 December 2025

5,151

687

5,838

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

40

NET BOOK VALUE

At 31 December 2025

40

At 31 December 2024

40

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

297,456

NET BOOK VALUE

At 31 December 2025

297,456

At 31 December 2024

297,456

The directors believe the current valuation is appropriate given the market value of the property.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Directors' current accounts

5,600

-

Prepayments and accrued income

1,177

3,972

6,777

3,972

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

3,626

3,421

Trade creditors

1,200

-

Amounts owed to group undertakings

20,971

9,239

Accruals and deferred income

1,260

1,200

27,057

13,860

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

3,808

3,601

Bank loans - 2-5 years

12,612

11,911

Bank loans more 5 yr by instal

134,571

139,154

150,991

154,666

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

134,571

139,154

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

154,617

158,087

Bank loans are secured over the properties held by the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2025 and the period ended 31 December 2024:

2025

2024

£

D L Hoggett

Balance outstanding at start of year

-

Amounts advanced

5,600

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

5,600

-