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REGISTERED NUMBER: 05224694 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

JCW INVESTMENTS LTD

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JCW INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTOR: J Waddington





SECRETARY: Mrs E Waddington





REGISTERED OFFICE: Orchard View 26 Church Lane
Bishopthorpe
York
YO23 2QG





REGISTERED NUMBER: 05224694 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

STATEMENT OF FINANCIAL POSITION
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,573 3,431
Investments 5 20,000 -
Investment property 6 1,867,500 1,264,004
1,890,073 1,267,435

CURRENT ASSETS
Debtors 7 30,585 47,638
Cash at bank and in hand 715,105 635,562
745,690 683,200
CREDITORS
Amounts falling due within one year 8 41,039 33,166
NET CURRENT ASSETS 704,651 650,034
TOTAL ASSETS LESS CURRENT LIABILITIES 2,594,724 1,917,469

CREDITORS
Amounts falling due after more than one year 9 (1,038,122 ) (642,287 )

PROVISIONS FOR LIABILITIES (47,402 ) (652 )
NET ASSETS 1,509,200 1,274,530

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 11 229,276 -
Retained earnings 1,279,914 1,274,520
SHAREHOLDERS' FUNDS 1,509,200 1,274,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

STATEMENT OF FINANCIAL POSITION - continued
30TH SEPTEMBER 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 director and authorised for issue on 28th February 2024 and were signed by:





J Waddington - Director


JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

JCW Investments Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

Investment property
Investment property is included at fair value as measured by the director, and revaluation reports prepared by Fisher German, Chartered Surveyors - 7th June 2023 . Gains are recognised in the income
statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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 NIL (2022 - NIL).

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st October 2022
and 30th September 2023 44,208
DEPRECIATION
At 1st October 2022 40,777
Charge for year 858
At 30th September 2023 41,635
NET BOOK VALUE
At 30th September 2023 2,573
At 30th September 2022 3,431

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
Additions 20,000
At 30th September 2023 20,000
NET BOOK VALUE
At 30th September 2023 20,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2022 1,264,004
Additions 327,307
Revaluations 276,189
At 30th September 2023 1,867,500
NET BOOK VALUE
At 30th September 2023 1,867,500
At 30th September 2022 1,264,004

Fair value at 30th September 2023 is represented by:
£   
Valuation in 2023 276,189
Cost 1,591,311
1,867,500

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 30,585 47,638

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,165 4,113
Trade creditors 913 7,108
Taxation and social security 7,751 16,605
Other creditors 28,210 5,340
41,039 33,166

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 638,122 642,287
Other creditors 400,000 -
1,038,122 642,287

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 642,287 646,400

The following securities are in place with Bank of Scotland Plc.

Charge created 21/08/2020
1 Albany Street - Contains Fixed and Floating charge which covers all of the property or undertaking of the company.

Charge created 05/06/2018
Land at Beckfield Lane - Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created 29/09/2017
56B Horner Street - Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created 11/08/2017
8 Catherine Court - Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created - 26/01/2015
56A Horner Street York - Fixed and Floating Charge.

Charge created 15/10/2014
Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created 03/05/2012
Amount Secured: £54,000 due or to become due from the company to the chargee against 3 Poppleton Road, York.

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

11. RESERVES
Revaluation
reserve
£   
Revaluation 276,189
Transfer (46,913 )

At 30th September 2023 229,276

12. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £422,456 (2022 - £635) to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year £22,456 (2022 - £635) and creditors due after one year £400,000 (2022 - Nil).


During the year, the company made transactions with JCW Lifts Ltd, a company John Waddington is a director and shareholder of.

The balance at the year end is £27,200 (2022 - £17,100) and this is included in other debtors.