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REGISTERED NUMBER: 11219912 (England and Wales)















JBW (HALESOWEN) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






JBW (HALESOWEN) LIMITED (REGISTERED NUMBER: 11219912)

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










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


JBW (HALESOWEN) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr A.W. Bullingham
Mr A.D. Windsor





REGISTERED OFFICE: 15-17 Church Street
Stourbridge
West Midlands
DY8 1LU





REGISTERED NUMBER: 11219912 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JBW (HALESOWEN) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JBW (Halesowen) Limited for the year ended 31 July 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of JBW (Halesowen) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JBW (Halesowen) Limited and state those matters that we have agreed to state to the Board of Directors of JBW (Halesowen) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JBW (Halesowen) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JBW (Halesowen) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JBW (Halesowen) Limited. You consider that JBW (Halesowen) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JBW (Halesowen) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


6 November 2023

JBW (HALESOWEN) LIMITED (REGISTERED NUMBER: 11219912)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,321 11,095
Investment property 5 1,000,000 783,910
1,008,321 795,005

CURRENT ASSETS
Debtors 6 17,899 23,411
Cash at bank 71,770 93,368
89,669 116,779
CREDITORS
Amounts falling due within one year 7 34,480 35,258
NET CURRENT ASSETS 55,189 81,521
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,063,510

876,526

PROVISIONS FOR LIABILITIES 34,997 -
NET ASSETS 1,028,513 876,526

CAPITAL AND RESERVES
Called up share capital 300 300
Fair value reserve 8 170,699 -
Retained earnings 857,514 876,226
SHAREHOLDERS' FUNDS 1,028,513 876,526

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

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

JBW (HALESOWEN) LIMITED (REGISTERED NUMBER: 11219912)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 by the Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by:





Mr A.D. Windsor - Director


JBW (HALESOWEN) LIMITED (REGISTERED NUMBER: 11219912)

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


1. STATUTORY INFORMATION

JBW (Halesowen) 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.

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

Investment property
Investment property is initially measured at cost. After initial recognition, investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

JBW (HALESOWEN) LIMITED (REGISTERED NUMBER: 11219912)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 14,794
DEPRECIATION
At 1 August 2022 3,699
Charge for year 2,774
At 31 July 2023 6,473
NET BOOK VALUE
At 31 July 2023 8,321
At 31 July 2022 11,095

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 783,910
Revaluations 216,090
At 31 July 2023 1,000,000
NET BOOK VALUE
At 31 July 2023 1,000,000
At 31 July 2022 783,910

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2023 216,090
Cost 783,910
1,000,000

JBW (HALESOWEN) LIMITED (REGISTERED NUMBER: 11219912)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 800 -
Amounts owed by group undertakings 99 -
Other debtors 17,000 23,411
17,899 23,411

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,792 -
Taxation and social security 241 -
Other creditors 32,447 35,258
34,480 35,258

8. RESERVES
Fair
value
reserve
£   
Revaluation of investment
property 170,699

At 31 July 2023 170,699

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
Mr A.W. Bullingham
Balance outstanding at start of year - -
Amounts advanced - 10,683
Amounts repaid - (10,683 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

JBW (HALESOWEN) LIMITED (REGISTERED NUMBER: 11219912)

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


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr A.D. Windsor
Balance outstanding at start of year - -
Amounts advanced - 16,634
Amounts repaid - (16,634 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A&A Lodge Holdings Limited.

11. DEMERGER

The group underwent a Capital Reduction Demerger on 30 May 2022.