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Company No: 13871099 (England and Wales)

JOSCOL INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

JOSCOL INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

JOSCOL INVESTMENTS LIMITED

COMPANY INFORMATION

For the financial year ended 31 January 2024
JOSCOL INVESTMENTS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2024
DIRECTOR D Wheatcroft
REGISTERED OFFICE Lowin House
Tregolls Road
Truro
TR1 2NA
England
United Kingdom
COMPANY NUMBER 13871099 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
JOSCOL INVESTMENTS LIMITED

BALANCE SHEET

As at 31 January 2024
JOSCOL INVESTMENTS LIMITED

BALANCE SHEET (continued)

As at 31 January 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 942,135 942,135
942,135 942,135
Current assets
Debtors 4 7,050 50
Cash at bank and in hand 5 2,907 0
9,957 50
Creditors: amounts falling due within one year 6 ( 10,050) ( 7,450)
Net current liabilities (93) (7,400)
Total assets less current liabilities 942,042 934,735
Net assets 942,042 934,735
Capital and reserves
Called-up share capital 7 50 50
Profit and loss account 941,992 934,685
Total shareholder's funds 942,042 934,735

For the financial year ending 31 January 2024 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 Joscol Investments Limited (registered number: 13871099) were approved and authorised for issue by the Director on 02 April 2024. They were signed on its behalf by:

D Wheatcroft
Director
JOSCOL INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
JOSCOL INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
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 period, unless otherwise stated.

General information and basis of accounting

Joscol Investments 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 Lowin House, Tregolls Road, Truro, TR1 2NA, England, 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 £.

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.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 February 2023 942,135
At 31 January 2024 942,135
Carrying value at 31 January 2024 942,135
Carrying value at 31 January 2023 942,135

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.01.2024
Ownership
31.01.2023
Tasman House Developments Limited Lowin House, Tregolls Road, Truro, Cornwall, TR1 2NA Commercial property investment Ordinary 100.00% 0.00%

4. Debtors

2024 2023
£ £
Amounts owed by own subsidiaries 7,000 0
Other debtors 50 50
7,050 50

5. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 2,907 0

6. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 10,050 7,450

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
50 Ordinary shares of £ 1.00 each 50 50