JRL Properties Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11964076

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		1,399,103		1,399,103

			1,399,103		1,399,103
CURRENT ASSETS
Debtors	5	1,709		1,594
Cash at bank and in hand		9,060		9,886

		10,769		11,480
Creditors: Amounts Falling Due Within One Year	6	(551,385 )		(516,384 )

NET CURRENT ASSETS (LIABILITIES)			(540,616 )		(504,904 )

TOTAL ASSETS LESS CURRENT LIABILITIES			858,487		894,199

Creditors: Amounts Falling Due After More Than One Year	7		(738,990 )		(739,115 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(59,583 )		(59,583 )

NET ASSETS			59,914		95,501

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			59,814		95,401

SHAREHOLDERS' FUNDS			59,914		95,501

Page 1

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JRL Properties Holdings Limited

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

J R Lovitt

Director

29 September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

JRL Properties Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11964076 . The registered office is 32 Glenluce Road, Blackheath, London, SE3 7SB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the rents received or receivable, net of discounts. Rents are recognised as turnover in the period the rent is due.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% Reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.6. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Investment Property

	2026
	£
Fair Value
As at 1 May 2025 and 30 April 2026	1,399,103

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	1,709	1,594

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JRL Properties Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	551,385	516,384

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	738,990	739,115

8. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	738,990		739,115

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

J R Lovitt

The above is a director and shareholder of the company.

During the period the director personally paid costs of the business. At the balance sheet date, he was owed £387,072 (2025: £374,576) by the company. Interest has been accrued on this loan at 7%.

11. Ultimate Controlling Party

The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.

12. Charges

A negative pledge is held by The Mortgage Works (UK) PLC which covers 14, Forbury House,1 lee Terrace, London.

A fixed charge & negative pledge is held by The Mortgage Works (UK) PLC which covers both the properties of the company.

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