Silverfin false 31/03/2023 05/03/2022 31/03/2023 Mr J F Denbow 05/03/2022 19 February 2024 The principal activity of the company during the financial year was that of a holding company. 13957959 2023-03-31 13957959 bus:Director1 2023-03-31 13957959 core:CurrentFinancialInstruments 2023-03-31 13957959 core:ShareCapital 2023-03-31 13957959 core:RetainedEarningsAccumulatedLosses 2023-03-31 13957959 core:AdditionsToInvestments 2023-03-31 13957959 core:CostValuation 2023-03-31 13957959 bus:OrdinaryShareClass1 2023-03-31 13957959 2022-03-05 2023-03-31 13957959 bus:FullAccounts 2022-03-05 2023-03-31 13957959 bus:SmallEntities 2022-03-05 2023-03-31 13957959 bus:AuditExemptWithAccountantsReport 2022-03-05 2023-03-31 13957959 bus:PrivateLimitedCompanyLtd 2022-03-05 2023-03-31 13957959 bus:Director1 2022-03-05 2023-03-31 13957959 bus:OrdinaryShareClass1 2022-03-05 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13957959 (England and Wales)

JFD GROUP LTD

Unaudited Financial Statements
For the financial period from 05 March 2022 to 31 March 2023
Pages for filing with the registrar

JFD GROUP LTD

Unaudited Financial Statements

For the financial period from 05 March 2022 to 31 March 2023

Contents

JFD GROUP LTD

COMPANY INFORMATION

For the financial period from 05 March 2022 to 31 March 2023
JFD GROUP LTD

COMPANY INFORMATION (continued)

For the financial period from 05 March 2022 to 31 March 2023
DIRECTOR Mr J F Denbow
REGISTERED OFFICE Jupiter House Aspen Way
Yalberton Industrial Estate
Paignton
Devon
TQ4 7QR
United Kingdom
COMPANY NUMBER 13957959 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
JFD GROUP LTD

BALANCE SHEET

As at 31 March 2023
JFD GROUP LTD

BALANCE SHEET (continued)

As at 31 March 2023
Note 31.03.2023
£
Fixed assets
Investments 3 1,100
1,100
Current assets
Debtors 4 999
Cash at bank and in hand 400,202
401,201
Creditors: amounts falling due within one year 5 ( 57,751)
Net current assets 343,450
Total assets less current liabilities 344,550
Net assets 344,550
Capital and reserves
Called-up share capital 6 1,000
Profit and loss account 343,550
Total shareholders' funds 344,550

For the financial period ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of JFD Group Ltd (registered number: 13957959) were approved and authorised for issue by the Director on 19 February 2024. They were signed on its behalf by:

Mr J F Denbow
Director
JFD GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 05 March 2022 to 31 March 2023
JFD GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 05 March 2022 to 31 March 2023
1. Accounting policies

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

General information and basis of accounting

JFD Group Ltd (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 Jupiter House Aspen Way, Yalberton Industrial Estate,, Paignton, Devon, TQ4 7QR, 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 director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has 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.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
05.03.2022 to
31.03.2023
Number
Monthly average number of persons employed by the Company during the period, including the director 0

3. Fixed asset investments

Investments in subsidiaries

31.03.2023
£
Cost
At 05 March 2022 0
Additions 1,100
At 31 March 2023 1,100
Carrying value at 31 March 2023 1,100

4. Debtors

31.03.2023
£
Other debtors 999

5. Creditors: amounts falling due within one year

31.03.2023
£
Amounts owed to Group undertakings 56,501
Other creditors 1,250
57,751

6. Called-up share capital

31.03.2023
£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000

The share capital was issued upon incorporation on 5th March 2022.

7. Related party transactions

Transactions with the entity's director

31.03.2023
£
Advances to Directors 999

During the year an advance was made to the director . The balance at the accounting date is as stated above and is repayable upon demand.