ACCOUNTS - Final Accounts preparation

Company registration number: 08240744

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2026

	JAMES LAVINGTON PROPERTIES LIMITED


JAMES LAVINGTON PROPERTIES LIMITED

COMPANY INFORMATION

Directors	E D M James
	J L James


Registered number	08240744


Registered office	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


JAMES LAVINGTON PROPERTIES LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


JAMES LAVINGTON PROPERTIES LIMITED REGISTERED NUMBER:08240744

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		-		6,679
Investment property	5		-		932,789
			-		939,468
Current assets
Debtors: amounts falling due within one year	6	45,869		68,613
Cash at bank and in hand		915,175		62,442
		961,044		131,055
Creditors: amounts falling due within one year	7	(88,792)		(44,683)
Net current assets			872,252		86,372
Total assets less current liabilities			872,252		1,025,840
Provisions for liabilities
Deferred tax		-		(65,834)
			-		(65,834)
Net assets			872,252		960,006

Capital and reserves
Called up share capital	7,000	7,000
Revaluation reserve	-	332,789
Profit and loss account	865,252	620,217
	872,252	960,006

Page 1


JAMES LAVINGTON PROPERTIES LIMITED REGISTERED NUMBER:08240744

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 September 2026.

E D M James

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2


JAMES LAVINGTON PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

James Lavington Properties Limited is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information Page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue comprises of rent receivable from investement property and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3


JAMES LAVINGTON PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Other fixed assets

10%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Investment property

Investment property is 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. Changes in fair value are recognised in profit or loss.

Page 4


JAMES LAVINGTON PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

4.	Tangible fixed assets

		Other fixed assets
		£

	At 1 April 2025	10,544
	Disposals	(10,544)
	At 31 March 2026	-

	At 1 April 2025	3,865
	Disposals	(3,865)
	At 31 March 2026	-
	Net book value
	At 31 March 2026	-
	At 31 March 2025	6,679

5.	Investment property

		Freehold investment property
		£

	At 1 April 2025	932,789
	Disposals	(932,789)
	At 31 March 2026	-

Page 5


JAMES LAVINGTON PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Debtors

					2026	2025
					£	£


Trade debtors	8,756	14,515
Other debtors	37,113	54,098
	45,869	68,613

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	3,840	-
Corporation tax	38,567	3,909
Other taxation and social security	17,196	5,827
Other creditors	26,689	32,772
Accruals and deferred income	2,500	2,175
	88,792	44,683

8.	Related party transactions
	The company has a loan with the estate of the late Mrs E H James for £27,000. This amount is included in other debtors and is interest free. At the reporting date the company owed £26,689 (2025: £27,289) to the directors. The balance can be found within creditors due within one year and no interest is being charged on this.

Page 6