Company No: 09778063 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	H Thorp
	J E Thorp

REGISTERED OFFICE	Valley Saw Mill
	Apedale Road
	Chesterton
	ST5 6BN
	United Kingdom

COMPANY NUMBER

09778063 (England and Wales)

ACCOUNTANT	S&W Partners (Manchester) Limited
	Pall Mall
	1 Pollen Square
	59 King Street
	Manchester
	M2 4PD

	Note	2025		2024
		£		£
Fixed assets
Investment property	3	4,231,966		4,231,966
Investments	4	24,471,641		17,835,285
		28,703,607		22,067,251
Current assets
Debtors	5	366,591		338,273
Cash at bank and in hand	6	17,041,610		18,884,709
		17,408,201		19,222,982
Creditors: amounts falling due within one year	7	( 787,441)		( 1,144,495)
Net current assets		16,620,760		18,078,487
Total assets less current liabilities		45,324,367		40,145,738
Provision for liabilities	8	( 818,984)		( 539,159)
Net assets		44,505,383		39,606,579
Capital and reserves
Called-up share capital	9	638,355		638,355
Fair value reserve		2,456,954		2,057,140
Profit and loss account		41,410,074		36,911,084
Total shareholders' funds		44,505,383		39,606,579

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge 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 Profit and Loss Account has not been delivered.

The financial statements of HJP&M Limited (registered number: 09778063) were approved and authorised for issue by the Board of Directors on 17 September 2026. They were signed on its behalf by:

H Thorp Director

1. Accounting policies

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

General information and basis of accounting

HJP&M 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 Valley Saw Mill, Apedale Road, Chesterton, ST5 6BN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of HJP&M Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Turnover

Turnover represents rental income.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

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:

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

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

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of employees during the year.	0		0

3. Investment property

	Investment property
	£
Valuation
As at 01 January 2025	4,231,966
As at 31 December 2025	4,231,966

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	17,835,285		17,835,285
Additions	16,063,631		16,063,631
Disposals	( 10,546,576)		( 10,546,576)
Movement in fair value	1,119,301		1,119,301
At 31 December 2025	24,471,641		24,471,641
Carrying value at 31 December 2025	24,471,641		24,471,641
Carrying value at 31 December 2024	17,835,285		17,835,285

5. Debtors

	2025		2024
	£		£
Trade debtors	27,660		0
Other debtors	338,931		338,273
	366,591		338,273

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	17,041,610		18,884,709

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	829		4,500
Amounts owed to directors	452,173		452,173
Accruals	7,580		0
Corporation tax	239,464		276,269
Other taxation and social security	15,578		17,486
Other creditors	71,817		394,067
	787,441		1,144,495

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 539,159)		( 294,454)
Charged to the Profit and Loss Account	( 279,825)		( 244,705)
At the end of financial year	( 818,984)		( 539,159)

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100
1,000 A Ordinary shares of £ 1.00 each	1,000		1,000
637,255 B Ordinary shares of £ 1.00 each	637,255		637,255
	638,355		638,355

10. Ultimate controlling party

The controlling party is H R Thorp