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REGISTERED NUMBER: 03092594 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2023 to 31 July 2023

for

Jacobs Construction (Holdings) Limited

Jacobs Construction (Holdings) Limited (Registered number: 03092594)






Contents of the Financial Statements
for the Period 1 June 2023 to 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

Jacobs Construction (Holdings) Limited

Company Information
for the Period 1 June 2023 to 31 July 2023







DIRECTORS: T B Jacobs
M C Jacobs





SECRETARY: M C Jacobs





REGISTERED OFFICE: 10 Downley Road
Havant
Hampshire
PO9 2NJ





REGISTERED NUMBER: 03092594 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

Jacobs Construction (Holdings) Limited (Registered number: 03092594)

Balance Sheet
31 July 2023

31.7.23 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,922 12,922
Investments 5 490,116 542,116
Investment property 6 828,990 772,480
1,332,028 1,327,518

CURRENT ASSETS
Stocks 50,000 50,000
Debtors 7 3,208,516 3,251,498
Cash at bank and in hand 960,431 1,235,036
4,218,947 4,536,534
CREDITORS
Amounts falling due within one year 8 73,977 216,065
NET CURRENT ASSETS 4,144,970 4,320,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,476,998

5,647,987

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 5,476,898 5,647,887
SHAREHOLDERS' FUNDS 5,476,998 5,647,987

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Jacobs Construction (Holdings) Limited (Registered number: 03092594)

Balance Sheet - 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 17 April 2024 and were signed on its behalf by:





T B Jacobs - Director


Jacobs Construction (Holdings) Limited (Registered number: 03092594)

Notes to the Financial Statements
for the Period 1 June 2023 to 31 July 2023

1. STATUTORY INFORMATION

Jacobs Construction (Holdings) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


Jacobs Construction (Holdings) Limited (Registered number: 03092594)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 July 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023 28,675 186,540 29,791 245,006
Disposals (15,010 ) - - (15,010 )
At 31 July 2023 13,665 186,540 29,791 229,996
DEPRECIATION
At 1 June 2023 21,407 178,398 27,554 227,359
Charge for period 1,441 1,222 559 3,222
Eliminated on disposal (13,507 ) - - (13,507 )
At 31 July 2023 9,341 179,620 28,113 217,074
NET BOOK VALUE
At 31 July 2023 4,324 6,920 1,678 12,922
At 31 May 2023 7,268 8,142 2,237 17,647

Jacobs Construction (Holdings) Limited (Registered number: 03092594)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 July 2023

5. FIXED ASSET INVESTMENTS

31.7.23 31.5.23
£    £   
Shares in group undertakings 40,653 40,653
Other investments not loans 449,463 501,463
490,116 542,116

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 June 2023 40,654
Disposals (1 )
At 31 July 2023 40,653
NET BOOK VALUE
At 31 July 2023 40,653
At 31 May 2023 40,654

Investments (neither listed nor unlisted) were as follows:
31.7.23 31.5.23
£    £   
Horses cost 320,068 320,068
Horse add 181,395 181,395
Horse disposal (52,000 ) -
449,463 501,463

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 955,083
Additions 56,510
At 31 July 2023 1,011,593
DEPRECIATION
At 1 June 2023
and 31 July 2023 182,603
NET BOOK VALUE
At 31 July 2023 828,990
At 31 May 2023 772,480

Jacobs Construction (Holdings) Limited (Registered number: 03092594)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 July 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.5.23
£    £   
Trade debtors 9,000 27,910
Amounts owed by group undertakings 2,642,214 2,667,891
Other debtors 557,302 555,697
3,208,516 3,251,498

Amounts owed by group undertakings are interest free loans that are repayable on demand.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.5.23
£    £   
Trade creditors 65,369 169,577
Taxation and social security - 41,699
Other creditors 8,608 4,789
73,977 216,065

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.5.23
value: £    £   
100 Ordinary £1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed £402 (2022: owed by £152,959) to the Directors.

Jacobs Construction (Holdings) Limited

Report of the Accountants to the Directors of
Jacobs Construction (Holdings) 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 Balance Sheet. 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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 July 2023 set out on pages one to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


Date: .............................................