REGISTERED NUMBER: 00516240 (England and Wales)

Jonglore Properties Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

A M Quint

E R A Manuel

Registered office:

18 Middleton Road

London

NW11 7NS

Registered number:

00516240 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Fixed assets

Tangible assets

4

366

430

Investment property

5

2,410,000

2,510,000

2,410,366

2,510,430

Current assets

Investments

6

547,052

-

Cash at bank

178,799

693,081

725,851

693,081

Creditors

Amounts falling due within one year

7

57,917

109,990

Net current assets

667,934

583,091

Total assets less current liabilities

3,078,300

3,093,521

Provisions for liabilities

478,129

363,378

Net assets

2,600,171

2,730,143

Capital and reserves

Called up share capital

100

100

Retained earnings

8

2,600,071

2,730,043

2,600,171

2,730,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 14 November 2025 and were signed on its behalf by:

E R A Manuel - Director

1.	Statutory information

Jonglore Properties 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.

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 recognised at the fair value of rents and other property income receivable, net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the Income Statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,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.

Going concern

These financial statements have been prepared on a going concern basis and they do not include any adjustments which may be necessary should the going concern basis of accounting no longer be appropriate..

3.	Employees and directors

The average number of employees during the year was 3 (2024 - 4 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 April 2024

and 31 March 2025

700

Depreciation

At 1 April 2024

270

Charge for year

64

At 31 March 2025

334

Net book value

At 31 March 2025

366

At 31 March 2024

430

5.	Investment property

The fair value of the investment property has been arrived at on the basis of a valuation carried by the Directors following a valuation carried out for probate purposes upon the death of the Director G Kaufman on 7 May 2021. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. The Directors consider there to be no significant change to this valuation at the Balance Sheet date.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

3,050,000

Valuation in 2022

(395,000

)

Valuation in 2024

100,000

Valuation in 2024

(245,000

)

Valuation in 2025

(100,000

)

2,410,000

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

2025

2024

£

£

Cost

777,485

777,485

6.	Current asset investments

2025

2024

£

£

Listed investments

547,052

-

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

7,375

11,500

Tax

22,152

47,040

Social security and other taxes

509

5,451

Net wages

-

15,136

Other creditors

23,531

23,531

Other creditor (Director)

-

720

Accruals and deferred income

4,350

6,612

57,917

109,990

8.

Reserves

Retained

earnings

£

At 1 April 2024

2,730,043

Deficit for the year

(29,972

)

Dividends

(100,000

)

At 31 March 2025

2,600,071

9.	Share capital

Allotted Number

Share Class

Nominal Value

2023 £

2022 £

25

Ordinary A

£1

25

25

25

Ordinary B

£1

25

25

25

Ordinary C

£1

25

25

25

Ordinary D

£1

25

25

Total

100

100