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REGISTERED NUMBER: 13765165 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

JURASSIC PROPERTIES (HOLDINGS) LIMITED

JURASSIC PROPERTIES (HOLDINGS) LIMITED (REGISTERED NUMBER: 13765165)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JURASSIC PROPERTIES (HOLDINGS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: K F Phoon





REGISTERED OFFICE: 46 Tongdean Avenue
Hove
East Sussex
BN3 6TN





REGISTERED NUMBER: 13765165 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

JURASSIC PROPERTIES (HOLDINGS) LIMITED (REGISTERED NUMBER: 13765165)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 100

CURRENT ASSETS
Debtors 5 3,210,578 5,175,578
Cash at bank 15,504 12,339
3,226,082 5,187,917
CREDITORS
Amounts falling due within one year 6 3,230,716 5,190,323
NET CURRENT LIABILITIES (4,634 ) (2,406 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,534

)

(2,306

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (4,634 ) (2,406 )
(4,534 ) (2,306 )

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 his 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 28 August 2024 and were signed by:





K F Phoon - Director


JURASSIC PROPERTIES (HOLDINGS) LIMITED (REGISTERED NUMBER: 13765165)

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

1. STATUTORY INFORMATION

Jurassic Properties (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.

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 (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022
and 30 November 2023 100
NET BOOK VALUE
At 30 November 2023 100
At 30 November 2022 100

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by associates 3,210,578 5,175,578

JURASSIC PROPERTIES (HOLDINGS) LIMITED (REGISTERED NUMBER: 13765165)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to associates 3,229,123 4,454,123
Other creditors - 735,000
Accrued expenses 1,593 1,200
3,230,716 5,190,323

7. OFF-BALANCE SHEET ARRANGEMENTS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a loss of £2,228 (2022: £2,406), and as at the year end the current liabilities exceeded current assets by £4,534 (2022: £2,306)

The validity of this basis depends upon the continued support of the company's director. The director confirms that he will give the required support.

8. RELATED PARTY DISCLOSURES

As at 30 November 2023, Jurassic Portfolios 1 Limited owed the company £3,210,578 (2022: £5,175,578). All transactions were undertaken on a commercial arms length basis and any outstanding amounts are interest free and repayable on demand.
Mr K Phoon is a director of Jurassic Portfolios 1 Limited.

As at 30 November 2023, the company owed Early Investments Limited £3,229,123 (2022: £4,454,123). All transactions were undertaken on a commercial arms length basis and any outstanding amounts are interest free and repayable on demand.
Mr K Phoon is a majority shareholder and director of Early Investments Limited

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Early Investments Limited & MaxwellHill Investments Limited.

This was by virtue of their 100% holding of the issued share capital.