Registration number: 08388531

Jonina Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Jonina Ltd

Company Information

Directors

Dr M C Lovett Mrs S J Lovett

Registered office

18 Mayfield Drive Shrewsbury Shropshire SY2 6PB

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Jonina Ltd

(Registration number: 08388531)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,495	1,870
Investment property	5	342,052	342,052
Other financial assets	6	166,026	142,416
		509,573	486,338
Current assets
Cash at bank and in hand		6,096	4,824
Creditors: Amounts falling due within one year	7	(187,265)	(188,500)
Net current liabilities		(181,169)	(183,676)
Net assets		328,404	302,662
Capital and reserves
Called up share capital	8	20	20
Retained earnings		328,384	302,642
Shareholders' funds		328,404	302,662

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 September 2026 and signed on its behalf by:
 

Dr M C Lovett Director

Jonina Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
18 Mayfield Drive
Shrewsbury
Shropshire
SY2 6PB

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, 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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Jonina Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	20% Reducing Balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use 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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Jonina Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	13,797	13,797
At 31 March 2026	13,797	13,797
Depreciation
At 1 April 2025	11,927	11,927
Charge for the year	375	375
At 31 March 2026	12,302	12,302
Carrying amount
At 31 March 2026	1,495	1,495
At 31 March 2025	1,870	1,870

5	Investment properties

	2026 £
At 1 April	342,052
At 31 March	342,052

The property was valued at market value by the directors.

Jonina Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 April 2025	142,416	142,416
Additions	35,652	35,652
Fair value adjustments	21,158	21,158
Disposals	(33,200)	(33,200)
At 31 March 2026	166,026	166,026
Carrying amount
At 31 March 2026	166,026	166,026
At 31 March 2025	142,416	142,416

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	900	900
Taxation and social security	661	964
Accruals and deferred income	5,867	8,146
Other creditors	179,837	178,490
	187,265	188,500

Jonina Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
A Ordinary shares of £1 each	10	10	10	10
B Ordinary shares of £1 each	10	10	10	10
	20	20	20	20

9	Related party transactions

At 31 March 2026 the company owed the directors a balance of £179,837 (2025 - £178,490), which is included in creditors due within one year.