Company Registration No. 08382836 (England and Wales)
PROPERTIES BY J AND J LTD
Unaudited accounts
for the year ended 31 January 2026
PROPERTIES BY J AND J LTD
Unaudited accounts
Contents
PROPERTIES BY J AND J LTD
Company Information
for the year ended 31 January 2026
Directors
James Aled Lloyd
Joanne Michelle Lloyd
Company Number
08382836 (England and Wales)
Registered Office
10 High View
Lightwater
GU18 5YE
Accountants
SJC Accounting Ltd.
42 Calshot Way
Frimley
GU16 9FA
PROPERTIES BY J AND J LTD
Statement of financial position
as at 31 January 2026
Investment property
1,888,000
1,916,000
Cash at bank and in hand
62,719
59,094
Creditors: amounts falling due within one year
(72,095)
(74,183)
Net current liabilities
(9,375)
(15,088)
Total assets less current liabilities
1,878,975
1,901,405
Creditors: amounts falling due after more than one year
(1,404,616)
(1,400,923)
Provisions for liabilities
Deferred tax
(82,838)
(89,838)
Net assets
391,521
410,644
Called up share capital
57,000
57,000
Revaluation reserve
248,515
269,515
Profit and loss account
86,006
84,129
Shareholders' funds
391,521
410,644
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2026 and were signed on its behalf by
James Aled Lloyd
Director
Company Registration No. 08382836
PROPERTIES BY J AND J LTD
Notes to the Accounts
for the year ended 31 January 2026
PROPERTIES BY J AND J LTD is a private company, limited by shares, registered in England and Wales, registration number 08382836. The registered office is 10 High View, Lightwater, GU18 5YE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Revaluations of the properties are made with sufficient regularity to ensure that the carrying amount of the revalued fixed asset does not differ materially from that which would be determined using fair value at the balance sheet date. Gains and losses are recognised in the income statement. Deferred taxation is provided on these gains at a rate of 25%
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 accounts. 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.
Tax has been calculated on the revaluation of investment properties at a rate of 25%
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
PROPERTIES BY J AND J LTD
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 February 2025
1,916,000
Net loss from fair value adjustments
(28,000)
At 31 January 2026
1,888,000
Valuation has been calculated using the average price based on Zoopla.co.uk on 29th Sept 2026.
The directors have agreed these valuations
Amounts falling due within one year
Accrued income and prepayments
1
1
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
70,587
72,563
Trade creditors
1,508
1,620
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
1,254,302
1,250,479
Loans from directors
150,314
150,444
Aggregate of amounts that fall due for payment after five years
970,690
958,999
PROPERTIES BY J AND J LTD
Notes to the Accounts
for the year ended 31 January 2026
Allotted, called up and fully paid:
57 Ordinary shares of £1,000 each
57,000
57,000
10
Guarantees provided on behalf of directors
Maximum Liability Under Guarantees
Amount paid and liability incurred
Guarantor on mortgage for buy to let properties - Jointly and severely liable
1,287,616
-
Guarantor on mortgage for buy to let properties - Jointly and severely liable
1,287,616
-
Guarantees have been provided in respect of all 6 mortgages for the full value on the buy to let properties
11
Average number of employees
During the year the average number of employees was 2 (2025: 2).