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REGISTERED NUMBER: 12745186 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

JCL GLASS HOLDINGS LIMITED

JCL GLASS HOLDINGS LIMITED (REGISTERED NUMBER: 12745186)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JCL GLASS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: A Archer
E A Archer





REGISTERED OFFICE: Church View Chambers
38 Market Square
Toddington
Dunstable
Bedfordshire
LU5 6BS





REGISTERED NUMBER: 12745186 (England and Wales)





ACCOUNTANTS: Landers Accountants Ltd
Church View Chambers
38 Market Square
Toddington
Bedfordshire
LU5 6BS

JCL GLASS HOLDINGS LIMITED (REGISTERED NUMBER: 12745186)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,995,815 -
Investments 5 90 90
1,995,905 90

CURRENT ASSETS
Debtors 6 30,000 810

CREDITORS
Amounts falling due within one year 7 454,124 810
NET CURRENT LIABILITIES (424,124 ) -
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,571,781

90

CREDITORS
Amounts falling due after more than one
year

8

460,675

-
NET ASSETS 1,111,106 90

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 9 1,111,016 -
1,111,106 90

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

JCL GLASS HOLDINGS LIMITED (REGISTERED NUMBER: 12745186)

BALANCE SHEET - continued
31 JANUARY 2023


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 and authorised for issue by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:





A Archer - Director


JCL GLASS HOLDINGS LIMITED (REGISTERED NUMBER: 12745186)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

JCL Glass Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about JCL Glass Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - over 50 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

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.

JCL GLASS HOLDINGS LIMITED (REGISTERED NUMBER: 12745186)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

3. EMPLOYEES

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
Additions 2,003,815
At 31 January 2023 2,003,815
DEPRECIATION
Charge for year 8,000
At 31 January 2023 8,000
NET BOOK VALUE
At 31 January 2023 1,995,815

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 February 2022
and 31 January 2023 90
NET BOOK VALUE
At 31 January 2023 90
At 31 January 2022 90

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 30,000 810

JCL GLASS HOLDINGS LIMITED (REGISTERED NUMBER: 12745186)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 46,498 -
Amounts owed to group undertakings 403,520 560
Taxation and social security 4,106 -
Other creditors - 250
454,124 810

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 460,675 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans due after more than
5 years by instalments 460,675 -
460,675 -

9. RESERVES

Retained
earnings £

At 1 February 2022-
Profit for the year1,111,016
At 31 January 20231,111,016

Year-end reserves are split between distributable and non-distributable amounts as shown below:


Distributable (retained earnings)309,504
Undistributable (revaluation reserve)801,512
Profit and loss account as at 31 January 20231,111,016


10. RELATED PARTY DISCLOSURES

On 2 November 2022, the freehold property was transferred from JCL Glass Ltd, along with the outstanding loan and was revalued by the directors at a value of £2,000,000.

JCL Glass Holdings Ltd granted a charge in respect of the loan, in favour of the bank.