REGISTERED NUMBER: 05903419 (England and Wales)

Jelia Limited

Unaudited Financial Statements

for the Year Ended 31 August 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

J M Kushnick

Dr D M Vazquez

Secretary:

J M Kushnick

Registered office:

5 Lynton Road

Heaton Moor

Stockport

Cheshire

SK4 4RQ

Registered number:

05903419 (England and Wales)

Accountants:

Mitchell Charlesworth

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

269

361

Investment property

5

1,870,000

1,870,000

1,870,269

1,870,361

Current assets

Debtors

6

462

545

Cash at bank

9,271

3,612

9,733

4,157

Creditors

Amounts falling due within one year

7

(692,340

)

(677,100

)

Net current liabilities

(682,607

)

(672,943

)

Total assets less current liabilities

1,187,662

1,197,418

Creditors

Amounts falling due after more than one year

8

(567,940

)

(588,789

)

Provisions for liabilities

10

(28,969

)

(28,969

)

Net assets

590,753

579,660

Capital and reserves

Called up share capital

11

100

100

Fair value reserve

12

316,524

316,524

Retained earnings

274,129

263,036

Shareholders' funds

590,753

579,660

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 November 2025 and were signed on its behalf by:

J M Kushnick - Director

1.	Statutory information

Jelia 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.

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 measured at the fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets

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

Furnishings & equipment

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102. The directors consider that, because investment properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount relating to the depreciation of the property cannot be separately identified.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Furnishings

Computer

& equipment

equipment

Totals

£

£

£

Cost

At 1 September 2024

and 31 August 2025

8,146

1,259

9,405

Depreciation

At 1 September 2024

8,141

903

9,044

Charge for year

4

88

92

At 31 August 2025

8,145

991

9,136

Net book value

At 31 August 2025

1

268

269

At 31 August 2024

5

356

361

5.	Investment property

Total

£

Fair value

At 1 September 2024

and 31 August 2025

1,870,000

Net book value

At 31 August 2025

1,870,000

At 31 August 2024

1,870,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2025

1,870,000

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

31.8.25

31.8.24

£

£

Cost

1,527,507

1,527,507

Investment property was valued on an open market basis on 31 August 2025 by the directors .

6.

Debtors: amounts falling due within one year

31.8.25

31.8.24

£

£

Prepayments

462

545

7.

Creditors: amounts falling due within one year

31.8.25

31.8.24

£

£

Taxation and social security

2,624

1,134

Other creditors

689,716

675,966

692,340

677,100

8.

Creditors: amounts falling due after more than one year

31.8.25

31.8.24

£

£

Bank loans

567,940

588,789

Amounts falling due in more than five years:

Repayable by instalments

Mortgage loan repayable after

more than five years

430,732

451,581

430,732

451,581

9.	Secured debts

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Mortgage loan

598,894

619,743

The loans are secured by a charge on the company's assets.

10.	Provisions for liabilities

31.8.25

31.8.24

£

£

Deferred tax

28,969

28,969

Deferred

tax

£

Balance at 1 September 2024

28,969

Balance at 31 August 2025

28,969

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

12.

Reserves

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

316,524