REGISTERED NUMBER: 09350412 (England and Wales)

J K PROPERTIES BIRMINGHAM LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S S Bhogal

R S Bhogal

A S Bhogal

S S Bhogal

J S Bhogal

REGISTERED OFFICE:

25 Dulverton Road

Witton

Birmingham

West Midlands

B6 7EQ

REGISTERED NUMBER:

09350412 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Investment property

4

25,860,542

25,023,882

CURRENT ASSETS

Debtors

5

270,431

409,467

Cash at bank

53,823

73,246

324,254

482,713

CREDITORS

Amounts falling due within one year

6

11,964,530

5,812,430

NET CURRENT LIABILITIES

(11,640,276

)

(5,329,717

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,220,266

19,694,165

CREDITORS

Amounts falling due after more than one year

7

(3,182,409

)

(4,082,779

)

PROVISIONS FOR LIABILITIES

(874,837

)

(874,837

)

NET ASSETS

10,163,020

14,736,549

CAPITAL AND RESERVES

Called up share capital

8

8

Revaluation reserve

9

2,624,514

2,624,514

Retained earnings

7,538,498

12,112,027

SHAREHOLDERS' FUNDS

10,163,020

14,736,549

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 15 October 2026 and were signed on its behalf by:

C S Bhogal - Director

1.	STATUTORY INFORMATION

J K Properties Birmingham 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

25,023,882

Additions

836,660

At 31 March 2026

25,860,542

NET BOOK VALUE

At 31 March 2026

25,860,542

At 31 March 2025

25,023,882

Fair value at 31 March 2026 is represented by:

£

Valuation in 2025

25,860,542

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

2026

2025

£

£

Cost

22,361,191

21,524,531

Investment property was valued on an open market basis on 31 March 2026 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

270,431

108,754

Other debtors

-

1,625

VAT

-

299,088

270,431

409,467

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

859,750

831,150

Trade creditors

2,631

151

Social security and other taxes

177,259

216,550

VAT

56,673

-

Other creditors

7,677,793

4,570,589

Directors' current accounts

3,088,429

176,699

Accruals and deferred income

101,995

17,291

11,964,530

5,812,430

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

824,627

831,150

Bank loans - 2-5 years

1,519,999

2,007,898

Bank loans more 5 yr by instal

837,783

1,243,731

3,182,409

4,082,779

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

837,783

1,243,731

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

4,042,159

4,913,929

The bank borrowings are secured by a first charge over the company's freehold property.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

2,624,514

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

£

C S Bhogal

Balance outstanding at start of year

-

3,492,690

Amounts repaid

-

(3,492,690

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-