Company No: 00678875 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	711		790
Investments	4	6,672,410		6,672,410
		6,673,121		6,673,200
Current assets
Stocks	5	1,048,165		3,048,165
Debtors	6	5,149,685		4,051,031
Cash at bank and in hand	7	494,153		117,973
		6,692,003		7,217,169
Creditors: amounts falling due within one year	8	( 5,720,060)		( 5,843,823)
Net current assets		971,943		1,373,346
Total assets less current liabilities		7,645,064		8,046,546
Creditors: amounts falling due after more than one year	9	( 7,451,540)		( 7,482,940)
Net assets		193,524		563,606
Capital and reserves
Called-up share capital	10	349		349
Other reserves		259,552		259,552
Profit and loss account		( 66,377 )		303,705
Total shareholders' funds		193,524		563,606

For the financial year ending 31 March 2025 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 financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Javin Property Co. (London) Limited (registered number: 00678875) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Dr Zoe Valerie Fox Director

27 November 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Javin Property Co. (London) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 46 Redington Road, London, NW3 7RS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

10 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	22,151		22,151
At 31 March 2025	22,151		22,151
Accumulated depreciation
At 01 April 2024	21,361		21,361
Charge for the financial year	79		79
At 31 March 2025	21,440		21,440
Net book value
At 31 March 2025	711		711
At 31 March 2024	790		790

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 April 2024	6,672,410
At 31 March 2025	6,672,410
Carrying value at 31 March 2025	6,672,410
Carrying value at 31 March 2024	6,672,410

5. Stocks

	2025		2024
	£		£
Stocks	1,048,165		3,048,165

6. Debtors

	2025		2024
	£		£
Trade debtors	0		25,625
Amounts owed by group undertakings	726,155		725,515
Corporation tax	796,096		796,096
Other debtors	3,627,434		2,503,795
	5,149,685		4,051,031

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	494,153		117,973

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	31,400		31,400
Trade creditors	639		0
Amounts owed to group undertakings	5,640,116		5,619,642
Taxation and social security	0		136,088
Other creditors	47,905		56,693
	5,720,060		5,843,823

9. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	7,451,540		7,482,940

The bank loan is secured by a fixed charge over the stock of the properties held by both Javin Property Co. (London) Limited and the properties held by Javin Property Portfolio Limited, a subsidiary company.

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
240 Voting A Class ordinary shares of £ 0.4125 each	99		99
125 C ordinary shares of £ 1.00 each	125		125
125 D ordinary shares of £ 1.00 each	125		125
	349		349

11. Related party transactions

Transactions with owners holding a participating interest in the entity

As at 31 March 2025, included in debtors are amounts due Bevian Property Limited £140,294 (2024: £139,654), and Javin Enterprise Limited £585,861 (2024: £585,861), companies where the directors are in common with Javin Property Co. Limited.

As at 31 March 2025, included in creditors are amounts due to Javin Property Portfolio Limited £2,240,682 (2024: £1,890,682), a company where four directors are in common with Javin Property Co. Limited and Peaktop Properties JV partnership £3,399,434 (2024: £3,728,960), where the partners are connected to Javin Property Co. Limited.