JHHW Limited 11556910 false 2022-04-06 2023-04-05 2023-04-05 The principal activity of the company is the buying and selling of shares. Digita Accounts Production Advanced 6.30.9574.0 true true 11556910 2022-04-06 2023-04-05 11556910 2023-04-05 11556910 core:OtherReservesSubtotal 2023-04-05 11556910 core:RetainedEarningsAccumulatedLosses 2023-04-05 11556910 core:ShareCapital 2023-04-05 11556910 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-05 11556910 bus:SmallEntities 2022-04-06 2023-04-05 11556910 bus:AuditExemptWithAccountantsReport 2022-04-06 2023-04-05 11556910 bus:FullAccounts 2022-04-06 2023-04-05 11556910 bus:SmallCompaniesRegimeForAccounts 2022-04-06 2023-04-05 11556910 bus:RegisteredOffice 2022-04-06 2023-04-05 11556910 bus:Director1 2022-04-06 2023-04-05 11556910 bus:Director2 2022-04-06 2023-04-05 11556910 bus:PrivateLimitedCompanyLtd 2022-04-06 2023-04-05 11556910 core:Vehicles 2022-04-06 2023-04-05 11556910 countries:AllCountries 2022-04-06 2023-04-05 11556910 2022-04-05 11556910 2021-04-06 2022-04-05 11556910 2022-04-05 11556910 core:OtherReservesSubtotal 2022-04-05 11556910 core:RetainedEarningsAccumulatedLosses 2022-04-05 11556910 core:ShareCapital 2022-04-05 11556910 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-05 iso4217:GBP xbrli:pure

Registration number: 11556910

JHHW Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 5 April 2023

 

JHHW Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

JHHW Limited

(Registration number: 11556910)
Abridged Balance Sheet as at 5 April 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

59,913

-

Investment property

985,835

-

Other financial assets

5

755,162

1,684,680

 

1,800,910

1,684,680

Current assets

 

Debtors

3,459

2,470

Cash at bank and in hand

 

37,852

48,857

 

41,311

51,327

Creditors: Amounts falling due within one year

(1,719,730)

(1,412,325)

Net current liabilities

 

(1,678,419)

(1,360,998)

Total assets less current liabilities

 

122,491

323,682

Provisions for liabilities

(29,160)

-

Net assets

 

93,331

323,682

Capital and reserves

 

Called up share capital

200

200

Other reserves

(60,253)

321,308

Profit and loss account

153,384

2,174

Total equity

 

93,331

323,682

 

JHHW Limited

(Registration number: 11556910)
Abridged Balance Sheet as at 5 April 2023

For the financial year ending 5 April 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 13 March 2024 and signed on its behalf by:
 

Mr J Christie

Director

Mrs H B Christie

Director

 

JHHW Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 5 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 13 March 2024.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. Of the company's current liabilities, an amount is owed to the directors, who have agreed to continue to support the company, and not to demand repayment of this amount to the extent that any such repayment would jeopardise the future of the company.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicle

25% Reducing balance

 

JHHW Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 5 April 2023

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in other comprehensive income. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Tangible assets

Total
£

Cost or valuation

Additions

66,880

At 5 April 2023

66,880

Depreciation

Charge for the year

6,967

At 5 April 2023

6,967

Carrying amount

At 5 April 2023

59,913

Investment properties

2023
£

At 6 April

-

Additions

985,835

At 5 April

985,835

There has been no valuation of investment property by an independent valuer.

 

JHHW Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 5 April 2023

5

Other financial assets (current and non-current)

Total
£

Non-current financial assets

Cost or valuation

At 6 April 2022

1,684,680

Fair value adjustments

(307,033)

Additions

588,314

Disposals

(1,210,799)

At 5 April 2023

755,162

Carrying amount

At 5 April 2023

755,162