06919550falsesite investigation, creating water wells and soil testing2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:CompanySecretary12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-11-30http://www.companieshouse.gov.uk/pt:SharePremium2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-11-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2022-11-30http://www.companieshouse.gov.uk/pt:SharePremium2023-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-11-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:MotorCars2022-11-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-12-012023-11-30http://www.companieshouse.gov.uk/pt:MotorCars2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32022-12-012023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2022-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06919550

Jackson Drilling Holdings Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023


Jackson Drilling Holdings Limited

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
R S Clapp
SECRETARY
N Claydon
REGISTERED OFFICE
The Lodge
Park Road
Shepton Mallet
Somerset
BA4 5BS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06919550
BANKERS
Handelsbanken, 40 Queens Square, Bristol, BS1 4QP

Jackson Drilling Holdings Limited

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Jackson Drilling Holdings Limited

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Tangible assets2850,854848,777
Investment Assets31,010,955182,799
1,861,8091,031,576
CURRENT ASSETS
Stock156,709116,028
Debtors51,146,9111,529,969
Cash at bank and in hand1,312,849531,303
2,616,4692,177,300
CREDITORS: Amounts falling due within one year6848,270678,710
NET CURRENT ASSETS1,768,1991,498,590
TOTAL ASSETS LESS CURRENT LIABILITIES3,630,0082,530,166
CREDITORS: Amounts falling due after more than one year744,15537,302
PROVISIONS FOR LIABILITIES AND CHARGES9199,648157,462
NET ASSETS3,386,2052,335,402
CAPITAL AND RESERVES
Called up share capital10115115
Share premium account11499,980499,980
Capital redemption reserve1255
Profit and loss account2,886,1051,835,302
SHAREHOLDERS' FUNDS3,386,2052,335,402

Jackson Drilling Holdings Limited

BALANCE SHEET AT 30/11/2023
For the year ending 30/11/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/08/2024 and signed on their behalf by
.............................
R S Clapp
Director

Jackson Drilling Holdings Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 20%
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 30%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stock and work in progress are valued at the lower of cost and and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1f. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Jackson Drilling Holdings Limited

1g. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
Land AndPlant andCommercial
BuildingsMachineryVehiclesEquipmentMotor CarsTotal
££££££
Cost
At 01/12/202288,6781,787,413758,19547,01231,1092,712,407
Additions50,56435,447262,8963,791-352,698
Disposals-(3,566)(106,698)-(31,109)(141,373)
At 30/11/2023139,2421,819,294914,39350,803-2,923,732
Depreciation
At 01/12/202268,6481,248,614502,05826,32517,9851,863,630
Disposals-(1,560)(89,170)-(17,985)(108,715)
For the year18,331143,060150,4526,120-317,963
At 30/11/202386,9791,390,114563,34032,445-2,072,878
Net Book Amounts
At 30/11/202352,263429,180351,05318,358-850,854
At 30/11/202220,030538,799256,13720,68713,124848,777
3. INVESTMENT FIXED ASSETS
Shares in group companiesOther
and participating interestsInvestmentsTotal
£££
Cost
At 01/12/2022169,10913,690182,799
Revaluation827,513643828,156
At 30/11/2023996,62214,3331,010,955
Amortisation
Net Book Amounts
At 30/11/2023996,62214,3331,010,955
At 30/11/2022169,10913,690182,799
The company holds 100% of the issued share capital of Geological Surveys Limited, incorporated in the United Kingdom. This company is dormant.
The company holds 100% of the share capital in Follaton Water Services Ltd, incorporated in the United Kingdom. This company is dormant
The company holds 100% of the share capital in Simon Moore Engineering Ltd, incorporated in the United Kingdom.

Jackson Drilling Holdings Limited

4. STOCK 20232022
££
Stock comprises:
Stock156,709116,028
156,709116,028
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors1,039,6651,011,147
Other debtors107,246518,822
1,146,9111,529,969
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax286,731171,347
Other taxes and social security175,126172,108
Obligation under finance lease and hire purchase contracts85,20273,288
Trade creditors238,878205,147
Other creditors62,33356,820
848,270678,710
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Obligations under finance lease and hire purchase contracts44,15537,302
44,15537,302

Jackson Drilling Holdings Limited

8. EMPLOYEES
20232022
No.No.
Average number of employees3129
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation199,648157,462
199,648157,462
10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
65 Ordinary Class A shares of £1 each6565
25 Ordinary Class B shares of £1 each2525
5 Ordinary Class C shares of £1 each55
20 Ordinary Class D shares of £1 each2020
115115
New shares issued during period:
Ordinary Class D shares of £1 each20
-20
11. SHARE PREMIUM ACCOUNT 20232022
££
Share premium account499,980499,980
12. OTHER RESERVES 20232022
££
Capital redemption reserve55
55

Jackson Drilling Holdings Limited

13. CONTROLLING PARTY
The company is controlled by the director who owns 65% of the called up share capital.
14. RELATED PARTY TRANSACTIONS
Other Creditors includes a loan owing to the director and majority shareholder Mrs RS Clapp of £21,254 (2022 - £26,028). The loan is unsecured, interest free and there are no fixed repayment terms.
During the year, the company paid dividends to Mrs RS Clapp of £306,579 (2022 - £434,737).