J.R.C. Shops Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07635497 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

J.R.C. Shops Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P A Taw

G E Taw

SECRETARY:

Mrs P A Taw

REGISTERED OFFICE:

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

REGISTERED NUMBER:

07635497 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

FIXED ASSETS

Tangible assets

4

2,078

3,212

Investment property

5

464,512

466,590

467,724

CURRENT ASSETS

Debtors

6

-

1,553

Cash at bank

55,492

40,361

55,492

41,914

CREDITORS

Amounts falling due within one year

7

24,946

20,248

NET CURRENT ASSETS

30,546

21,666

TOTAL ASSETS LESS CURRENT
LIABILITIES

497,136

489,390

PROVISIONS FOR LIABILITIES

13,322

13,622

NET ASSETS

483,814

475,768

CAPITAL AND RESERVES

Called up share capital

365,100

Non distributable retained

earnings

81,022

Retained earnings

37,692

29,646

SHAREHOLDERS' FUNDS

483,814

475,768

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 13 October 2026 and were signed on its behalf by:

Mrs P A Taw - Director

1.	STATUTORY INFORMATION

J.R.C. Shops 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents received from investment properties.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

3,401

DEPRECIATION

At 1 April 2025

189

Charge for year

1,134

At 31 March 2026

1,323

NET BOOK VALUE

At 31 March 2026

2,078

At 31 March 2025

3,212

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

464,512

NET BOOK VALUE

At 31 March 2026

464,512

At 31 March 2025

464,512

Fair value at 31 March 2026 is represented by:

£

Valuation in 2022

93,793

Cost

370,719

464,512

If the investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

Cost

370,719

The investment property was valued on an open market basis on 31 March 2026 by the company directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

-

1,553

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

7,825

7,447

Other creditors

17,121

12,801

24,946

20,248

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

G E Taw and Mrs P A Taw

Balance outstanding at start of year

-

2,997

Amounts repaid

-

(2,997

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Interest is charged at HMRC's official rate.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.