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REGISTERED NUMBER: 01044128 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

JAT HOLDINGS LIMITED

JAT HOLDINGS LIMITED (REGISTERED NUMBER: 01044128)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JAT HOLDINGS LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: A J Taylor
C J Taylor





REGISTERED OFFICE: Shotley House
Shotley
Harringworth
Corby
Northamptonshire
NN17 3EU





REGISTERED NUMBER: 01044128 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
16 Davy Court
Castle Mound Way
Rugby, CV23 0UZ
Magma Audit LLP is part
Of the Dains Group

JAT HOLDINGS LIMITED (REGISTERED NUMBER: 01044128)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 964,241 964,241

CURRENT ASSETS
Investments 5 981 1,214
Cash at bank 7,528 6,308
8,509 7,522
CREDITORS
Amounts falling due within one year 6 (494,443 ) (495,747 )
NET CURRENT LIABILITIES (485,934 ) (488,225 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

478,307

476,016

PROVISIONS FOR LIABILITIES (115,119 ) (116,875 )
NET ASSETS 363,188 359,141

CAPITAL AND RESERVES
Called up share capital 9,900 10,000
Capital redemption reserve 100 -
Other reserves 352,381 350,625
Retained earnings 807 (1,484 )
SHAREHOLDERS' FUNDS 363,188 359,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:





A J Taylor - Director


JAT HOLDINGS LIMITED (REGISTERED NUMBER: 01044128)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023


1. STATUTORY INFORMATION

JAT Holdings Limited is a limited company, limited by shares, registered in England and its registered office address is Shotley House Shotley, Harringworth, Corby, NN17 3AG and the registered number is 01044128.

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.

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 as modified by the revaluation of certain assets.

The presentation currency of the financial statements is Pound Sterling (£) and the figures are rounded to the
nearest £1.

Going concern
At the year end the company has net current liabilities of £485,934 (2022: £488,225). The director has confirmed that he will continue to support the company financially for the foreseeable future so has prepared the financial statements on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

Turnover represents rents receivable from investment properties.

Turnover is recognised as it falls due, in accordance with the lease to which it relates. Any lease incentives are spread evenly across the period of the lease.

Other Operating Income
Other operating income compromises of dividends received and the gain on the revaluation of the investment property.

Investment property
Investment property comprises freehold and long leasehold buildings. They are measured initially at cost,
including related transaction costs. These are held as investments to earn rental income and for capital
appreciation and are stated at fair value at the Balance Sheet date.

The fair value of investment property reflects, among other things, rental income from current leases and
assumptions about rental income from future leases in light of current market conditions.

Subsequent expenditure is added to the assets carrying amount only when it is probable that future
economic benefits associated with the item will flow to the company and the cost of the item can be
measured reliably. All other repairs and maintenance costs are charged to the profit and loss account
during the financial period in which they are incurred.

Any movement in the fair value of the properties is reflected within the profit and loss account for the year.

JAT HOLDINGS LIMITED (REGISTERED NUMBER: 01044128)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, 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 rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors 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 payments discounted at a market rate of interest.

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

Taxation
Taxation expense for the period comprises current and deferred tax recognised in the reporting period.

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered
against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Investments
Current asset investments are stated at the market value on the balance sheet date. Movements in the market value are recognised in the profit and loss account. Income is disclosed in the profit and loss account as dividends, by reference to the date the dividend was declared.

Share capital
Ordinary shares are classified as equity. Preference shares are classified as equity as they are not immediately redeemable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 964,241
NET BOOK VALUE
At 31 December 2023 964,241
At 31 December 2022 964,241

The comparable historical cost of the investment property is £964,241 (2022 - £964,241)

JAT HOLDINGS LIMITED (REGISTERED NUMBER: 01044128)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023


4. INVESTMENT PROPERTY - continued


5. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 981 1,214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 840
Taxation and social security 664 1,308
Other creditors 493,779 493,599
494,443 495,747