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REGISTERED NUMBER: 10463196 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

JACOBEAN HOLDINGS LIMITED

JACOBEAN HOLDINGS LIMITED (REGISTERED NUMBER: 10463196)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JACOBEAN HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: R Truslove





REGISTERED OFFICE: The Jacobean Hotel
Holyhead Road
Coventry
CV5 8HX





REGISTERED NUMBER: 10463196 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

JACOBEAN HOLDINGS LIMITED (REGISTERED NUMBER: 10463196)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 239,850 257,261

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 31,080 31,080
Cash at bank and in hand 4,122 4,414
40,202 40,494
CREDITORS
Amounts falling due within one year 6 682,560 586,839
NET CURRENT LIABILITIES (642,358 ) (546,345 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(402,508

)

(289,084

)

CREDITORS
Amounts falling due after more than one
year

7

(15,000

)

(25,000

)

PROVISIONS FOR LIABILITIES (326 ) (434 )
NET LIABILITIES (417,834 ) (314,518 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (417,934 ) (314,618 )
(417,834 ) (314,518 )

JACOBEAN HOLDINGS LIMITED (REGISTERED NUMBER: 10463196)

BALANCE SHEET - continued
30 NOVEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 22 August 2024 and were signed by:





R Truslove - Director


JACOBEAN HOLDINGS LIMITED (REGISTERED NUMBER: 10463196)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Jacobean 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.

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.

At 29 November 2023 the company had net liabilities of £417,834 (2022 - £314,518). Based on future forecasted profits and the continuing support of the company's bank, the directors are of opinion of the company is a going concern and therefore the accounts have been prepared on this basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Straight line over 20 years
Plant and machinery etc - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

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.

JACOBEAN HOLDINGS LIMITED (REGISTERED NUMBER: 10463196)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2022 - 41 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 336,779 7,496 344,275
DEPRECIATION
At 1 December 2022 81,805 5,209 87,014
Charge for year 16,839 572 17,411
At 30 November 2023 98,644 5,781 104,425
NET BOOK VALUE
At 30 November 2023 238,135 1,715 239,850
At 30 November 2022 254,974 2,287 257,261

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 31,080 31,080

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 15,700 9,739
Amounts owed to group undertakings 4,941 2,041
Taxation and social security 444,951 356,166
Other creditors 206,968 208,893
682,560 586,839

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 15,000 25,000

8. RELATED PARTY DISCLOSURES

Included within creditors at the year end is an aggregated amount due from a company under common control £4,941 (2022 - £2,041). The loan is interest free and repayable on demand.