IRIS Accounts Production v24.1.9.2 11483422 director 1.4.22 31.5.23 31.5.23 28.8.24 0 0 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114834222022-03-31114834222023-05-31114834222022-04-012023-05-31114834222021-03-31114834222021-04-012022-03-31114834222022-03-3111483422ns15:EnglandWales2022-04-012023-05-3111483422ns14:PoundSterling2022-04-012023-05-3111483422ns10:Director12022-04-012023-05-3111483422ns10:PrivateLimitedCompanyLtd2022-04-012023-05-3111483422ns10:SmallEntities2022-04-012023-05-3111483422ns10:Audited2022-04-012023-05-3111483422ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-05-3111483422ns10:SmallCompaniesRegimeForAccounts2022-04-012023-05-3111483422ns10:AbridgedAccounts2022-04-012023-05-3111483422ns10:Director32022-04-012023-05-3111483422ns10:RegisteredOffice2022-04-012023-05-3111483422ns5:CurrentFinancialInstruments2023-05-3111483422ns5:CurrentFinancialInstruments2022-03-3111483422ns5:ShareCapital2023-05-3111483422ns5:ShareCapital2022-03-3111483422ns5:RetainedEarningsAccumulatedLosses2023-05-3111483422ns5:RetainedEarningsAccumulatedLosses2022-03-31
REGISTERED NUMBER: 11483422 (England and Wales)












FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 31 MAY 2023

FOR

JH MILLBROOK HOLDING COMPANY LIMITED

JH MILLBROOK HOLDING COMPANY LIMITED (REGISTERED NUMBER: 11483422)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 April 2022 to 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


JH MILLBROOK HOLDING COMPANY LIMITED

COMPANY INFORMATION
for the period 1 April 2022 to 31 May 2023







DIRECTOR: Mr J V T Rajah



REGISTERED OFFICE: Unit 8 Waterloo Court
10 Theed Street
London
SE1 8ST



REGISTERED NUMBER: 11483422 (England and Wales)



SENIOR STATUTORY AUDITOR: Thurairatnam Sudarshan FCCA



AUDITORS: Raffingers LLP, Statutory Auditor
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

JH MILLBROOK HOLDING COMPANY LIMITED (REGISTERED NUMBER: 11483422)

ABRIDGED BALANCE SHEET
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 6,810 15,842,930

CURRENT ASSETS
Debtors - 4,671,989

CREDITORS
Amounts falling due within one year 20,576,118 20,576,118
NET CURRENT LIABILITIES (20,576,118 ) (15,904,129 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,569,308

)

(61,199

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (20,569,309 ) (61,200 )
(20,569,308 ) (61,199 )

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 August 2024 and were signed by:





Mr J G Wilson - Director


JH MILLBROOK HOLDING COMPANY LIMITED (REGISTERED NUMBER: 11483422)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 April 2022 to 31 May 2023

1. STATUTORY INFORMATION

JH Millbrook Holding Company 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 (£).


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.

Going concern
The financial statements have been prepared on the going concern basis. The directors have considered relevant information, including the annual budget, the timing of the future cashflows, and the impact of subsequent events in making their assessment.

As part of the going concern assessment, the directors have also taken into account the assurances from group and members that further funds will be made available to support the company's working capital requirements, if needed.

Critical accounting judgements and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The items in the financial statements where these judgements and estimates have been made include:
- assessing the recoverability of the intercompany balances.
- assessing any impairment in fixed asset investments.

Financial instruments
Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities, including trade and other payables, bank loans and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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.


JH MILLBROOK HOLDING COMPANY LIMITED (REGISTERED NUMBER: 11483422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 April 2022 to 31 May 2023

2. ACCOUNTING POLICIES - continued
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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Interest on joint venture
Interest in joint venture is measured at cost less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2022 15,842,930
Impairments (15,836,120 )
At 31 May 2023 6,810
NET BOOK VALUE
At 31 May 2023 6,810
At 31 March 2022 15,842,930

Joint venture

The following was a joint venture of the company:
Name Principal activity Holding
JH Millbrook Limited Property trading and development 96 %

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Thurairatnam Sudarshan FCCA (Senior Statutory Auditor)
for and on behalf of Raffingers LLP, Statutory Auditor

6. CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date.

JH MILLBROOK HOLDING COMPANY LIMITED (REGISTERED NUMBER: 11483422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 April 2022 to 31 May 2023

7. CAPITAL COMMITMENTS

The company had no capital commitments for the period ended 31 May 2023 and previous year.

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. AUDITOR LIABILITY LIMITATION AGREEMENT

The company has entered into a liability limitation agreement with Raffingers, the statutory auditors, in respect of the statutory audit for the year ended 31 May 2023. The proportionate liability agreement follows the standard terms in Appendix B to the Financial Reporting Council's June 2008 Guidance on Auditor Liability Agreements, and was approved by the members on 2 October 2023.