JORDAAN TOPCO LIMITED

Company Registration Number:
13849088 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 14 January 2022

End date: 31 March 2023

JORDAAN TOPCO LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

JORDAAN TOPCO LIMITED

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Additional information

The Directors present their report and the financial statements for the period 14th January 2022 to 31 March 2023.Directors' responsibilities statementThe Directors are responsible for preparing the Directors’ report and the financial statements in accordance with applicable law and regulations.Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and the company and of the profit or loss of the group for that period.In preparing those financial statements, the directors are required to:-select suitable accounting policies for the company's financial statements and then apply them consistently;-make judgements and estimates that are reasonable and prudent; and-state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.DirectorsThe directors who served during the year were:M Coffin (Appointed 15th March 2022)R Wootten (Appointed 14th January 2022)R Smith (Appointed 15th March 2022)Small companies noteIn preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A



Directors

The directors shown below have held office during the period of
15 March 2022 to 31 March 2023

M Coffin
R Smith


The director shown below has held office during the whole of the period from
14 January 2022 to 31 March 2023

R Wootten


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 October 2023

And signed on behalf of the board by:
Name: M Coffin
Status: Director

JORDAAN TOPCO LIMITED

Profit And Loss Account

for the Period Ended 31 March 2023

15 months to 31 March 2023


£
Turnover: 266
Gross profit(or loss): 266
Administrative expenses: ( 337 )
Operating profit(or loss): (71)
Profit(or loss) before tax: (71)
Profit(or loss) for the financial year: (71)

JORDAAN TOPCO LIMITED

Balance sheet

As at 31 March 2023

Notes 15 months to 31 March 2023


£
Fixed assets
Investments: 3 141,103
Total fixed assets: 141,103
Current assets
Debtors: 4 114
Cash at bank and in hand: 44
Total current assets: 158
Creditors: amounts falling due within one year: 5 ( 229 )
Net current assets (liabilities): (71)
Total assets less current liabilities: 141,032
Total net assets (liabilities): 141,032
Capital and reserves
Called up share capital: 10
Share premium account: 141,093
Other reserves: (71)
Total Shareholders' funds: 141,032

The notes form part of these financial statements

JORDAAN TOPCO LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 October 2023
and signed on behalf of the board by:

Name: M Coffin
Status: Director

The notes form part of these financial statements

JORDAAN TOPCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Valuation information and policy

    InvestmentsInvestments represent a 78.5% holding in Jordaan Bidco B.V.. Investments in subsidiaries are measured at cost less accumulated impairment.

    Other accounting policies

    Accounting policiesBasis of preparation of financial statementsThe financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.The following principal accounting policies have been applied:Exemption from preparing consolidated financial statementsThe Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.Going concernThe directors have reasonable expectation that the company has adequate resources to continue in operational business for the foreseeable future. Accordingly, they have adopted the going concern basis in preparing the annual report and accounts.InvestmentsInvestments represent a 78.5% holding in Jordaan Bidco B.V.. Investments in subsidiaries are measured at cost less accumulated impairment.DebtorsShort term debtors are measured at transaction price, less any impairment.Cash and cash equivalentsCash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in.CreditorsShort term trade creditors are measured at the transaction price. There are no other financial liabilities.Financial instrumentsThe company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. Significant judgements and estimatesEstimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.In preparing these financial statements, the directors have made the following judgements:a) Critical judgements in applying the company's accounting policiesThe company determines whether there are indicators of impairment of the company's investment in Jordaan Bidco B.V.. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the investment.b)Key accounting estimates and assumptionsThe company does not make estimates and assumptions concerning the future

JORDAAN TOPCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    15 months to 31 March 2023
    Average number of employees during the period 3

JORDAAN TOPCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Fixed assets investments note

Fixed asset investments 2023 £'000Cost 141,103Additions 0Disposals 0At 31 March 2023 141,103Net book valueAt 31 March 2023 141,103At 31 March 2023, the company had a 78.5% holding in Jordaan Bidco B.V. a private company (limited by shares) which is incorporated and domiciled in Netherlands.

JORDAAN TOPCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

15 months to 31 March 2023
£
Trade debtors 114
Total 114

JORDAAN TOPCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

15 months to 31 March 2023
£
Trade creditors 172
Accruals and deferred income 57
Total 229

JORDAAN TOPCO LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Financial Commitments

Financial instruments 2023 £'000Financial assets Financial assets that are equity instruments measured at amortised cost 158Financial liabilities Financial liabilities measured at amortised cost (229)Financial assets measured at amortised cost comprise cash, prepayments and amounts due from group undertakings.Financial liabilities measured at amortised cost comprise trade and other payables, accruals and amounts due to group undertakings and third party debt providers.