IRIS Accounts Production v24.2.0.383 00217696 director 6.4.23 5.4.24 5.4.24 false true false false true false Ordinary shares 5.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh002176962023-04-05002176962024-04-05002176962023-04-062024-04-05002176962022-04-05002176962022-04-062023-04-05002176962023-04-0500217696ns15:EnglandWales2023-04-062024-04-0500217696ns14:PoundSterling2023-04-062024-04-0500217696ns10:Director12023-04-062024-04-0500217696ns10:PrivateLimitedCompanyLtd2023-04-062024-04-0500217696ns10:SmallEntities2023-04-062024-04-0500217696ns10:AuditExempt-NoAccountantsReport2023-04-062024-04-0500217696ns10:SmallCompaniesRegimeForAccounts2023-04-062024-04-0500217696ns10:FullAccounts2023-04-062024-04-0500217696ns10:OrdinaryShareClass12023-04-062024-04-0500217696ns10:CompanySecretary12023-04-062024-04-0500217696ns10:RegisteredOffice2023-04-062024-04-0500217696ns5:CurrentFinancialInstruments2024-04-0500217696ns5:CurrentFinancialInstruments2023-04-0500217696ns5:ShareCapital2024-04-0500217696ns5:ShareCapital2023-04-0500217696ns5:FurtherSpecificReserve3ComponentTotalEquity2024-04-0500217696ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-0500217696ns5:RetainedEarningsAccumulatedLosses2024-04-0500217696ns5:RetainedEarningsAccumulatedLosses2023-04-0500217696ns5:CostValuation2023-04-0500217696ns5:AdditionsToInvestments2024-04-0500217696ns5:DisposalsRepaymentsInvestments2024-04-0500217696ns5:RevaluationsIncreaseDecreaseInInvestments2024-04-0500217696ns5:CostValuation2024-04-0500217696ns10:OrdinaryShareClass12024-04-0500217696ns5:RetainedEarningsAccumulatedLosses2023-04-0500217696ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-0500217696ns5:RetainedEarningsAccumulatedLosses2023-04-062024-04-05
REGISTERED NUMBER: 00217696 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

FOR

J.BUTTERFIELD & CO.(HOLDINGS)LIMITED

J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J.BUTTERFIELD & CO.(HOLDINGS)LIMITED

COMPANY INFORMATION
for the year ended 5 April 2024







DIRECTOR: Miss B A Shuttleworth





SECRETARY: J A Baty





REGISTERED OFFICE: Baty Casson Long
6 Lascelles Road
Harrogate
North Yorkshire
HG2 0LA





REGISTERED NUMBER: 00217696 (England and Wales)





ACCOUNTANTS: Baty Casson Long
6 Lascelles Road
Harrogate
HG2 0LA

J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696)

BALANCE SHEET
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 706,752 614,656

CURRENT ASSETS
Cash at bank 27,320 78,278

CREDITORS
Amounts falling due within one year 5 10,001 10,001
NET CURRENT ASSETS 17,319 68,277
TOTAL ASSETS LESS CURRENT
LIABILITIES

724,071

682,933

PROVISIONS FOR LIABILITIES 94,880 58,032
NET ASSETS 629,191 624,901

CAPITAL AND RESERVES
Called up share capital 6 50,000 50,000
Fair value reserve 7 284,713 247,024
Retained earnings 7 294,478 327,877
SHAREHOLDERS' FUNDS 629,191 624,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696)

BALANCE SHEET - continued
5 April 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 director and authorised for issue on 12 September 2024 and were signed by:





Miss B A Shuttleworth - Director


J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 5 April 2024

1. STATUTORY INFORMATION

J.butterfield & Co.(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 as modified by the revaluation of certain assets.

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.

Investments
Investments held as fixed assets are stated at market value. Dividends received are accounted for as soon as they become payable and are reported as 'Income from fixed asset investments' in the profit and loss account. Capital gains realised during the accounting period on the sale of investments are reported as 'Other operating income'.

The excess of market value over cost of investments is transferred to a fair value reserve, after provision for corporation tax at the prevailing rate. The provision for tax on the unrealised gains is provided as a non-current liability in the balance sheet.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 6 April 2023 614,656
Additions 199,291
Disposals (169,963 )
Revaluations 62,768
At 5 April 2024 706,752
NET BOOK VALUE
At 5 April 2024 706,752
At 5 April 2023 614,656

Cost or valuation at 5 April 2024 is represented by:

Other
investments
£   
Valuation in 2024 706,752

The market value of fixed asset investments at the year end was £706,752 (2023: £614,656).

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Accruals and deferred income 10,001 10,001

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 5.4.24 5.4.23
value: £    £   
1,000,000 Ordinary shares 5p 50,000 50,000

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 6 April 2023 327,877 247,024 574,901
Deficit for the year (13,399 ) (13,399 )
Dividends (20,000 ) (20,000 )
Profit for the year - 37,689 37,689
At 5 April 2024 294,478 284,713 579,191

J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

8. ULTIMATE CONTROLLING PARTY

The controlling party is Miss B A Shuttleworth.