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Registered number: 01050770
John Tyler Properties Limited
Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 01050770
2026 2025
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 46,061 69,076
Investment Properties 5 3,250,000 3,250,000
Investments 6 2,100 2,100
3,298,161 3,321,176
CURRENT ASSETS
Debtors 7 317,574 56,813
Cash at bank and in hand 870,871 1,331,199
1,188,445 1,388,012
Creditors: Amounts Falling Due Within One Year 8 (301,225 ) (293,206 )
NET CURRENT ASSETS (LIABILITIES) 887,220 1,094,806
TOTAL ASSETS LESS CURRENT LIABILITIES 4,185,381 4,415,982
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (199,851 ) (199,851 )
NET ASSETS 3,985,530 4,216,131
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 3,985,330 4,215,931
SHAREHOLDERS' FUNDS 3,985,530 4,216,131
Page 1
Page 2
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.
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
R C Alexander
Director
27 October 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
John Tyler Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01050770 . The registered office is Tyler House, 58-66 Morley Road, Kent, TN9 1RA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value 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
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Income from investment properties
Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.
Interest income
Revenue is recognised as interest accrues using the effective interest method.
Dividends income
Revenue is recognised when the right to receive payment is established.
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:
Leasehold straight line over the remaining lease term
2.4. Investment Properties
Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.
Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.
Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 February 2025 253,509
As at 31 January 2026 253,509
Depreciation
As at 1 February 2025 184,433
Provided during the period 23,015
As at 31 January 2026 207,448
Net Book Value
As at 31 January 2026 46,061
As at 1 February 2025 69,076
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5. Investment Property
2026
£
Fair Value
As at 1 February 2025 and 31 January 2026 3,250,000
Depreciation and impairment -
As at 31 January 2026 3,250,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
as restated
£ £
Cost 829,216 829,216
The investment properties are valued, at balance sheet date, by directors of the company based on the assessment of available market information and property condition. The directors believe their valuation would not be materially different from the professional valuation.
6. Investments
Unlisted
£
Cost or Valuation
As at 1 February 2025 203,353
As at 31 January 2026 203,353
Provision
As at 1 February 2025 201,253
As at 31 January 2026 201,253
Net Book Value
As at 31 January 2026 2,100
As at 1 February 2025 2,100
7. Debtors
2026 2025
as restated
£ £
Due within one year
Trade debtors 9,927 19,975
Other debtors 307,647 36,838
317,574 56,813
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8. Creditors: Amounts Falling Due Within One Year
2026 2025
as restated
£ £
Trade creditors 495 9,937
Other creditors 152,286 142,247
Taxation and social security 148,444 141,022
301,225 293,206
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2026 2025
as restated
£ £
Revaluation of investment properties 199,851 199,851
10. Share Capital
2026 2025
as restated
£ £
Allotted, Called up and fully paid 200 200
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mrs Ruth Alexander 18,744 300,660 18,744 - 300,660
The above loan is unsecured and repayable within nine months. Interest is charged on the loan at a rate in line with HMRC's official rate of interest, with interest of £660 charged during the year.
12. Ultimate Controlling Party
The company's ultimate controlling party is Mrs R Alexander by virtue of the ownership of 100% of the issued share capital in the company.
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