REGISTERED NUMBER: 02692857 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

J R Estate Agents Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Fraser

L Fraser

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

02692857 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Tangible assets

4

11,963

14,387

CURRENT ASSETS

Debtors

5

36,629

37,017

Cash at bank and in hand

162,001

147,684

198,630

184,701

CREDITORS

Amounts falling due within one year

6

(53,385

)

(57,309

)

NET CURRENT ASSETS

145,245

127,392

TOTAL ASSETS LESS CURRENT LIABILITIES

157,208

141,779

CREDITORS

Amounts falling due after more than one year

7

-

(12,500

)

NET ASSETS

157,208

129,279

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

156,208

128,279

157,208

129,279

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

R Fraser - Director

1.	STATUTORY INFORMATION

J R Estate Agents 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is recognised when the service is provided.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Taxation

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

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

167,223

Additions

1,309

At 31 March 2025

168,532

DEPRECIATION

At 1 April 2024

152,836

Charge for year

3,733

At 31 March 2025

156,569

NET BOOK VALUE

At 31 March 2025

11,963

At 31 March 2024

14,387

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

15,316

15,485

Other debtors

21,313

21,532

36,629

37,017

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

10,000

Trade creditors

914

2,185

Taxation and social security

41,483

36,607

Other creditors

10,988

8,517

53,385

57,309

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

12,500

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

14,500

4,167

Between one and five years

58,000

-

72,500

4,167

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors at the year end is an aggregate amount of £3,908 (2024: £5,322) due to the directors R Fraser and L Fraser. Interest of £514 (2024: £577) has been charged on the overdrawn balance at a rate of 2.25%.

There have been no advances which individually were considered material and no individual advances exceeding £10,000 to each of the directors during the year under review.

10.	RELATED PARTY DISCLOSURES

Included within other creditors at the year end is an amount of £3,500 (2024: £nil) due to Caldecote Properties Ltd, a company in which R Fraser and L Fraser are the directors. The balance has been provided unsecured, interest free and is repayable on demand.