IRIS Accounts Production v24.1.0.578 10303386 Board of Directors 1.3.23 29.2.24 29.2.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103033862023-02-28103033862024-02-29103033862023-03-012024-02-29103033862022-02-28103033862022-03-012023-02-28103033862023-02-2810303386ns15:EnglandWales2023-03-012024-02-2910303386ns14:PoundSterling2023-03-012024-02-2910303386ns10:Director12023-03-012024-02-2910303386ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2910303386ns10:SmallEntities2023-03-012024-02-2910303386ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2910303386ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2910303386ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2910303386ns10:FullAccounts2023-03-012024-02-2910303386ns10:Director22023-03-012024-02-2910303386ns10:RegisteredOffice2023-03-012024-02-2910303386ns5:CurrentFinancialInstruments2024-02-2910303386ns5:CurrentFinancialInstruments2023-02-2810303386ns5:Non-currentFinancialInstruments2024-02-2910303386ns5:Non-currentFinancialInstruments2023-02-2810303386ns5:ShareCapital2024-02-2910303386ns5:ShareCapital2023-02-2810303386ns5:RetainedEarningsAccumulatedLosses2024-02-2910303386ns5:RetainedEarningsAccumulatedLosses2023-02-2810303386ns5:ComputerEquipment2023-02-2810303386ns5:ComputerEquipment2023-03-012024-02-2910303386ns5:ComputerEquipment2024-02-2910303386ns5:ComputerEquipment2023-02-2810303386ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-02-2910303386ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-28
REGISTERED NUMBER: 10303386 (England and Wales)










Unaudited Financial Statements for the Year Ended 29 February 2024

for

Jagle Holdings Limited

Jagle Holdings Limited (Registered number: 10303386)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jagle Holdings Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: G B Evans
J O Evans





REGISTERED OFFICE: Duckford
South Pool
Kingsbridge
Devon
TQ7 2RZ





REGISTERED NUMBER: 10303386 (England and Wales)





ACCOUNTANTS: Parkins Accountants Ltd
T/A, Parkins, Chartered Accountants
Moor Park House
Bawtry Rd
Wickersley
Rotherham
South Yorkshire
S66 2BL

Jagle Holdings Limited (Registered number: 10303386)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 384 266
Investment property 5 1,515,725 1,515,725
1,516,109 1,515,991

CURRENT ASSETS
Debtors 6 7,345 5,776
Cash at bank 252,572 238,232
259,917 244,008
CREDITORS
Amounts falling due within one year 7 69,968 55,663
NET CURRENT ASSETS 189,949 188,345
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,706,058

1,704,336

CREDITORS
Amounts falling due after more than one year 8 289,209 342,598
NET ASSETS 1,416,849 1,361,738

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,416,749 1,361,638
SHAREHOLDERS' FUNDS 1,416,849 1,361,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Jagle Holdings Limited (Registered number: 10303386)

Balance Sheet - continued
29 February 2024


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 20 August 2024 and were signed on its behalf by:





G B Evans - Director


Jagle Holdings Limited (Registered number: 10303386)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Jagle 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.

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

Turnover represents rental income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Jagle Holdings Limited (Registered number: 10303386)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023 479
Additions 416
At 29 February 2024 895
DEPRECIATION
At 1 March 2023 213
Charge for year 298
At 29 February 2024 511
NET BOOK VALUE
At 29 February 2024 384
At 28 February 2023 266

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 1,515,725
NET BOOK VALUE
At 29 February 2024 1,515,725
At 28 February 2023 1,515,725

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,345 5,776

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 42,926 32,464
Tax 19,092 14,743
VAT 5,674 5,616
Directors' current accounts 776 1,490
Accrued expenses 1,500 1,350
69,968 55,663

Jagle Holdings Limited (Registered number: 10303386)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 289,209 342,598