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Company No: 12154405 (England and Wales)

JHS HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2023
Pages for filing with the registrar

JHS HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2023

Contents

JHS HOLDINGS LIMITED

BALANCE SHEET

As at 30 November 2023
JHS HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 30 November 2023
Note 2023 2022
£ £
Fixed assets
Investments 4 634,474 634,474
634,474 634,474
Creditors: amounts falling due within one year 5 ( 379,782) ( 379,782)
Net current liabilities (379,782) (379,782)
Total assets less current liabilities 254,692 254,692
Net assets 254,692 254,692
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 254,592 254,592
Total shareholders' funds 254,692 254,692

For the financial year ending 30 November 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of JHS Holdings Limited (registered number: 12154405) were approved and authorised for issue by the Board of Directors on 30 August 2024. They were signed on its behalf by:

S Amura
Director
JHS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
JHS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

JHS Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Units 6-7 Endeavour Way, Croydon, CR0 4TR, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historic experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

Specifically, judgements and estimates are required in determining the useful economic lives of fixed assets, the recoverability of trade debtors and the adoption of the going concern basis in preparing these accounts.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

3. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

4. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 December 2022 634,474
At 30 November 2023 634,474
Carrying value at 30 November 2023 634,474
Carrying value at 30 November 2022 634,474

5. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to Group undertakings 129,141 106,133
Other creditors 250,641 273,649
379,782 379,782

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
50 A ordinary shares of £ 1.00 each 50 50
49 B ordinary shares of £ 1.00 each 49 49
1 C ordinary share of £ 1.00 1 1
100 100

7. Related party transactions

Transactions with entities in which the entity itself has a participating interest

The company has taken advantage of the exemption in FRS 102 1A C.35 "Related Party Disclosures" from disclosing transactions with other members of the group.

Transactions with the entity's directors

2023 2022
£ £
Directors' loan account 250,641 273,649

The above amounts are provided interest free, unsecured and are repayable on demand.