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Company No: 13207240 (England and Wales)

JADLAM HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2023
Pages for filing with the registrar

JADLAM HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2023

Contents

JADLAM HOLDINGS LIMITED

COMPANY INFORMATION

For the financial year ended 30 June 2023
JADLAM HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 June 2023
DIRECTORS Mrs G S Rowe
Mr R G B Rowe
REGISTERED OFFICE Adlam Central Park
Wirral Park Road
Glastonbury
BA6 9XE
United Kingdom
COMPANY NUMBER 13207240 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
JADLAM HOLDINGS LIMITED

BALANCE SHEET

As at 30 June 2023
JADLAM HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 30 June 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 3,198,602 3,198,602
3,198,602 3,198,602
Creditors: amounts falling due within one year 4 ( 2,231,533) ( 2,087,403)
Net current liabilities (2,231,533) (2,087,403)
Total assets less current liabilities 967,069 1,111,199
Net assets 967,069 1,111,199
Capital and reserves
Called-up share capital 5 102 102
Profit and loss account 966,967 1,111,097
Total shareholders' funds 967,069 1,111,199

For the financial year ending 30 June 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Jadlam Holdings Limited (registered number: 13207240) were approved and authorised for issue by the Board of Directors on 08 March 2024. They were signed on its behalf by:

Mr R G B Rowe
Director
JADLAM HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2023
JADLAM HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2023
1. Accounting policies

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

General information and basis of accounting

Jadlam Holdings Limited (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 Adlam Central Park, Wirral Park Road, Glastonbury, BA6 9XE, 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 £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

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.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 July 2022 3,198,602
At 30 June 2023 3,198,602
Carrying value at 30 June 2023 3,198,602
Carrying value at 30 June 2022 3,198,602

4. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to own subsidiaries 526,420 283,257
Amounts owed to directors 0 33,290
Other taxation and social security 36,257 0
Other creditors 1,668,856 1,770,856
2,231,533 2,087,403

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100
2 Preference shares of £ 1.00 each 2 2
102 102

The Ordinary shares carry full voting and dividend rights.

Preference shares do not carry any voting or dividend rights. Each preference share has a priority right of £177,770 per share on a return of capital.