2023-01-012023-12-312023-12-31false09437517JS Partners Group Limited2024-07-1568209iso4217:GBPxbrli:pure094375172023-01-01094375172023-12-31094375172023-01-012023-12-31094375172022-01-01094375172022-12-31094375172022-01-012022-12-3109437517bus:SmallEntities2023-01-012023-12-3109437517bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3109437517bus:AbridgedAccounts2023-01-012023-12-3109437517bus:PrivateLimitedCompanyLtd2023-01-012023-12-3109437517core:WithinOneYear2023-12-3109437517core:AfterOneYear2023-12-3109437517core:WithinOneYear2022-12-3109437517core:AfterOneYear2022-12-3109437517core:ShareCapital2023-12-3109437517core:SharePremium2023-12-3109437517core:RevaluationReserve2023-12-3109437517core:OtherReservesSubtotal2023-12-3109437517core:RetainedEarningsAccumulatedLosses2023-12-3109437517core:ShareCapital2022-12-3109437517core:SharePremium2022-12-3109437517core:RevaluationReserve2022-12-3109437517core:OtherReservesSubtotal2022-12-3109437517core:RetainedEarningsAccumulatedLosses2022-12-3109437517core:LandBuildings2023-12-3109437517core:PlantMachinery2023-12-3109437517core:Vehicles2023-12-3109437517core:FurnitureFittings2023-12-3109437517core:OfficeEquipment2023-12-3109437517core:NetGoodwill2023-12-3109437517core:IntangibleAssetsOtherThanGoodwill2023-12-3109437517core:ListedExchangeTraded2023-12-3109437517core:UnlistedNon-exchangeTraded2023-12-3109437517core:LandBuildings2022-12-3109437517core:PlantMachinery2022-12-3109437517core:Vehicles2022-12-3109437517core:FurnitureFittings2022-12-3109437517core:OfficeEquipment2022-12-3109437517core:NetGoodwill2022-12-3109437517core:IntangibleAssetsOtherThanGoodwill2022-12-3109437517core:ListedExchangeTraded2022-12-3109437517core:UnlistedNon-exchangeTraded2022-12-3109437517core:LandBuildings2023-01-012023-12-3109437517core:PlantMachinery2023-01-012023-12-3109437517core:Vehicles2023-01-012023-12-3109437517core:FurnitureFittings2023-01-012023-12-3109437517core:OfficeEquipment2023-01-012023-12-3109437517core:NetGoodwill2023-01-012023-12-3109437517core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109437517core:ListedExchangeTraded2023-01-012023-12-3109437517core:UnlistedNon-exchangeTraded2023-01-012023-12-3109437517core:MoreThanFiveYears2023-01-012023-12-3109437517core:Non-currentFinancialInstruments2023-12-3109437517core:Non-currentFinancialInstruments2022-12-3109437517dpl:CostSales2023-01-012023-12-3109437517dpl:DistributionCosts2023-01-012023-12-3109437517core:LandBuildings2023-01-012023-12-3109437517core:PlantMachinery2023-01-012023-12-3109437517core:Vehicles2023-01-012023-12-3109437517core:FurnitureFittings2023-01-012023-12-3109437517core:OfficeEquipment2023-01-012023-12-3109437517dpl:AdministrativeExpenses2023-01-012023-12-3109437517core:NetGoodwill2023-01-012023-12-3109437517core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109437517dpl:GroupUndertakings2023-01-012023-12-3109437517dpl:ParticipatingInterests2023-01-012023-12-3109437517dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3109437517core:ListedExchangeTraded2023-01-012023-12-3109437517dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3109437517core:UnlistedNon-exchangeTraded2023-01-012023-12-3109437517dpl:CostSales2022-01-012022-12-3109437517dpl:DistributionCosts2022-01-012022-12-3109437517core:LandBuildings2022-01-012022-12-3109437517core:PlantMachinery2022-01-012022-12-3109437517core:Vehicles2022-01-012022-12-3109437517core:FurnitureFittings2022-01-012022-12-3109437517core:OfficeEquipment2022-01-012022-12-3109437517dpl:AdministrativeExpenses2022-01-012022-12-3109437517core:NetGoodwill2022-01-012022-12-3109437517core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3109437517dpl:GroupUndertakings2022-01-012022-12-3109437517dpl:ParticipatingInterests2022-01-012022-12-3109437517dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3109437517core:ListedExchangeTraded2022-01-012022-12-3109437517dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3109437517core:UnlistedNon-exchangeTraded2022-01-012022-12-3109437517core:NetGoodwill2023-12-3109437517core:IntangibleAssetsOtherThanGoodwill2023-12-3109437517core:LandBuildings2023-12-3109437517core:PlantMachinery2023-12-3109437517core:Vehicles2023-12-3109437517core:FurnitureFittings2023-12-3109437517core:OfficeEquipment2023-12-3109437517core:AfterOneYear2023-12-3109437517core:WithinOneYear2023-12-3109437517core:ListedExchangeTraded2023-12-3109437517core:UnlistedNon-exchangeTraded2023-12-3109437517core:ShareCapital2023-12-3109437517core:SharePremium2023-12-3109437517core:RevaluationReserve2023-12-3109437517core:OtherReservesSubtotal2023-12-3109437517core:RetainedEarningsAccumulatedLosses2023-12-3109437517core:NetGoodwill2022-12-3109437517core:IntangibleAssetsOtherThanGoodwill2022-12-3109437517core:LandBuildings2022-12-3109437517core:PlantMachinery2022-12-3109437517core:Vehicles2022-12-3109437517core:FurnitureFittings2022-12-3109437517core:OfficeEquipment2022-12-3109437517core:AfterOneYear2022-12-3109437517core:WithinOneYear2022-12-3109437517core:ListedExchangeTraded2022-12-3109437517core:UnlistedNon-exchangeTraded2022-12-3109437517core:ShareCapital2022-12-3109437517core:SharePremium2022-12-3109437517core:RevaluationReserve2022-12-3109437517core:OtherReservesSubtotal2022-12-3109437517core:RetainedEarningsAccumulatedLosses2022-12-3109437517core:NetGoodwill2022-01-0109437517core:IntangibleAssetsOtherThanGoodwill2022-01-0109437517core:LandBuildings2022-01-0109437517core:PlantMachinery2022-01-0109437517core:Vehicles2022-01-0109437517core:FurnitureFittings2022-01-0109437517core:OfficeEquipment2022-01-0109437517core:AfterOneYear2022-01-0109437517core:WithinOneYear2022-01-0109437517core:ListedExchangeTraded2022-01-0109437517core:UnlistedNon-exchangeTraded2022-01-0109437517core:ShareCapital2022-01-0109437517core:SharePremium2022-01-0109437517core:RevaluationReserve2022-01-0109437517core:OtherReservesSubtotal2022-01-0109437517core:RetainedEarningsAccumulatedLosses2022-01-0109437517core:AfterOneYear2023-01-012023-12-3109437517core:WithinOneYear2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3109437517core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3109437517core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3109437517core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3109437517core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3109437517core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3109437517core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3109437517core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3109437517core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3109437517core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3109437517core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3109437517core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3109437517bus:Director12023-01-012023-12-3109437517bus:Director22023-01-012023-12-31

JS Partners Group Limited

Registered Number
09437517
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

JS Partners Group Limited
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

Sherman, John Andrew
Sherman, Suzanne Ruth

Registered Address

Willen Farm Holmbushes
Leigh
Sherborne
DT9 6HU

Registered Number

09437517 (England and Wales)
JS Partners Group Limited
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3867,863891,939
Investments4200200
868,063892,139
Current assets
Debtors5237,121156,480
Cash at bank and on hand632953
237,753157,433
Creditors amounts falling due within one year6(161,324)(106,853)
Net current assets (liabilities)76,42950,580
Total assets less current liabilities944,492942,719
Creditors amounts falling due after one year7(941,208)(902,616)
Provisions for liabilities(1,930)(2,727)
Net assets1,35437,376
Capital and reserves
Called up share capital800800
Profit and loss account55436,576
Shareholders' funds1,35437,376
The financial statements were approved and authorised for issue by the Board of Directors on 15 July 2024, and are signed on its behalf by:
Sherman, John Andrew
Director
Registered Company No. 09437517
JS Partners Group Limited
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Land and buildings - 2% on cost Plant and machinery etc - 25% on cost, 25% on reducing balance, 15% on reducing balance and 10% on cost
Investments
Investments in subsidiary undertakings are recognised at cost.
2.Average number of employees
The following average number of employees includes the directors.

20232022
Average number of employees during the year20
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 231,043,754
At 31 December 231,043,754
Depreciation and impairment
At 01 January 23151,815
Charge for year24,076
At 31 December 23175,891
Net book value
At 31 December 23867,863
At 31 December 22891,939
4.Fixed asset investments

Total

£
Cost or valuation
At 01 January 23200
At 31 December 23200
Net book value
At 31 December 23200
At 31 December 22200
5.Debtors: amounts due within one year

2023

2022

££
Amounts owed by group undertakings43,19231,688
Amounts owed by associates and joint ventures / participating interests144,358122,459
Other debtors45,346-
Prepayments and accrued income4,2252,333
Total237,121156,480
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables27,00321,106
Bank borrowings and overdrafts6,2566,256
Amounts owed to related parties76,09864,533
Taxation and social security46,90210,040
Other creditors1,0001,500
Accrued liabilities and deferred income4,0653,418
Total161,324106,853
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts941,208902,616
Total941,208902,616
8.Related party transactions
During the period, the company had development work carried out by its wholly-owned subsidiary, this amounted to £22,184 (2022: £12,505).