REGISTERED NUMBER: 09749062 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Jubilee Farm Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S J Garland

A P Garland

REGISTERED OFFICE:

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

REGISTERED NUMBER:

09749062 (England and Wales)

ACCOUNTANTS:

Gopsall Services Limited

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

FIXED ASSETS

Tangible assets

4

623,446

619,434

Investment property

5

4,758,474

4,149,828

5,381,920

4,769,262

CURRENT ASSETS

Debtors

6

106,562

123,342

Cash at bank

128,374

96,365

234,936

219,707

CREDITORS

Amounts falling due within one year

7

1,218,063

1,727,966

NET CURRENT LIABILITIES

(983,127

)

(1,508,259

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,398,793

3,261,003

CREDITORS

Amounts falling due after more than one year

8

(1,120,759

)

(591,924

)

PROVISIONS FOR LIABILITIES

(537,979

)

(388,121

)

NET ASSETS

2,740,055

2,280,958

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

1,117,500

1,117,500

Revaluation reserve

11

1,320,217

994,930

Retained earnings

301,338

167,528

2,740,055

2,280,958

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2026 and were signed on its behalf by:

Mrs S J Garland - Director

1.	STATUTORY INFORMATION

Jubilee Farm Developments 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.

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 relates to rental income as is recognised at straight line over the rental period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Straight line over 20 years

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% 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 Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

485,897

135,384

286,527

35,025

942,833

Additions

-

12,700

62,142

37,100

111,942

Disposals

-

-

-

(30,525

)

(30,525

)

At 31 March 2026

485,897

148,084

348,669

41,600

1,024,250

DEPRECIATION

At 1 April 2025

120,076

45,332

141,560

16,431

323,399

Charge for year

24,294

15,413

41,422

9,631

90,760

Eliminated on disposal

-

-

-

(13,355

)

(13,355

)

At 31 March 2026

144,370

60,745

182,982

12,707

400,804

NET BOOK VALUE

At 31 March 2026

341,527

87,339

165,687

28,893

623,446

At 31 March 2025

365,821

90,052

144,967

18,594

619,434

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

4,149,828

Additions

167,505

Revaluations

441,141

At 31 March 2026

4,758,474

NET BOOK VALUE

At 31 March 2026

4,758,474

At 31 March 2025

4,149,828

It is the opinion of the directors that the Investment Property is stated at its fair value. The fair value is based on the directors knowledge of the Property and the local market.

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

2,035,985

Cost

2,722,489

4,758,474

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

95,008

92,665

Other debtors

11,554

30,677

106,562

123,342

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

97,807

693,328

Hire purchase contracts (see note 9)

19,894

12,434

Trade creditors

651

38,593

Taxation and social security

33,480

9,079

Other creditors

1,066,231

974,532

1,218,063

1,727,966

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

1,112,263

575,346

Hire purchase contracts (see note 9)

8,496

16,578

1,120,759

591,924

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

19,894

12,434

Between one and five years

8,496

16,578

28,390

29,012

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

2,020

-

Between one and five years

1,178

-

3,198

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

1,210,070

1,189,609

Hire purchase contracts

28,390

29,012

1,238,460

1,218,621

Handelsbanken PLC holds fixed and floating charges over the property and undertakings of the company, further details may be found on companies house.

Hire purchase loans are secured against the asset they relate to.

11.

RESERVES

Revaluation

reserve

£

At 1 April 2025

994,930

Transfer of reserves

325,287

At 31 March 2026

1,320,217

£325,287 in respect of the revaluation of investment property and related deferred tax movements was transferred from the revaluation reserve.

12.	PENSION COMMITMENTS

Pension commitments outstanding at the year end totalled £964 (2025 - £593).