REGISTERED NUMBER: SC835247 (Scotland)

Unaudited Financial Statements

for the Period 24 January 2025 to 31 January 2026

for

J & J Investment Group Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

639,824

CURRENT ASSETS

Debtors

5

41,819

Cash at bank

1,141

42,960

CREDITORS

Amounts falling due within one year

6

75,022

NET CURRENT LIABILITIES

(32,062

)

TOTAL ASSETS LESS CURRENT LIABILITIES

607,762

CREDITORS

Amounts falling due after more than one year

7

695,175

NET LIABILITIES

(87,413

)

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

8

2,648

Retained earnings

(90,161

)

(87,413

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 October 2026 and were signed by:

Mr Julian Michael Mithoff - Director

1.	STATUTORY INFORMATION

J & J Investment Group Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC835247

Registered office:

Ground Floor

112 George Street

Edinburgh

EH2 4LH

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover comprises the fair value of the consideration received or receivable on the rental of investment property in the ordinary course of the company’s activities. Turnover is shown net of sales, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Taxation

Taxation for the period 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 period 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.

Going concern

The directors of the company are of the opinion that there are no material uncertainties related to going concern that require disclosure. In arriving at this conclusion, the directors have considered the working capital requirements for at least 12 months from the date of approval of the financial statements and the company's cash flow forecasts. The company has net current liabilities of £32,062 and retained losses of £90,161 as a result of funds personally invested with no formal repayment terms. The directors have pledged to continue to support the company and therefore the financial statements have been prepared on a going concern basis.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by either external valuers or the directors. In determining the value, observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset.

Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Trade debtors

Trade debtors are amounts due from customers for rent performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

639,824

At 31 January 2026

639,824

NET BOOK VALUE

At 31 January 2026

639,824

Investment properties have been valued by an independent valuer during the process of remortgaging or upon sale on the properties concerned

Fair value at 31 January 2026 is represented by:

£

Valuation in 2026

3,270

Cost

636,554

639,824

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,303

Other debtors

40,516

41,819

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

7,000

Amounts owed to associates

53,025

Taxation and social security

1

Other creditors

14,996

75,022

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

695,175

Loans and borrowing include mortgages on each investment property which are secured of £463,803. A charge is held over each property in favour of the associated lenders.

Loans and borrowing include investor loans which are personally secured of £231,373. Interest is being charged and there are formal repayment terms.

8.

RESERVES

Fair

value

reserve

£

Transfer from another reserve

2,648

At 31 January 2026

2,648

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £725 to Apartments Deluxe Ltd, a connected party. The loan is provided interest free and with formal terms of repayment.

At the balance sheet date the company owed £53,200 EWMJ Ltd, a company in which Julian Mithoff is a majority shareholder. The loan is provided at 12% interest per anum and with formal terms of repayment.

At the balance sheet date, the company owed the director £9,288. The loan is repayable on demand and no interest is being charged.

At the balance sheet date, a shareholder, Ms J Golebiewska, owed the company £10,278. The loan is repayable on demand and no interest is being charged.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Julian Michael Mithoff.