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REGISTERED NUMBER: 05314444 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

J G H LIMITED

J G H LIMITED (REGISTERED NUMBER: 05314444)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


J G H LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr Jeremy Glenn Harley
Mr Jeffrey Glenn Harley



SECRETARY: Mrs Myra Harley



REGISTERED OFFICE: The Nook
Mount Pleasant
Greenodd
Ulverston
Cumbria
LA12 7RF



REGISTERED NUMBER: 05314444 (England and Wales)



BANKERS: National Westminster Bank plc
113 Dalton Road
Barrow in Furness
Cumbria
LA14 1WY

J G H LIMITED (REGISTERED NUMBER: 05314444)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 883 883
Tangible assets 5 249,610 248,151
Investment property 6 54,065 54,065
304,558 303,099

CURRENT ASSETS
Stocks 20,000 17,750
Debtors 98,195 92,085
Cash at bank 62,555 64,511
180,750 174,346
CREDITORS
Amounts falling due within one year 85,339 79,464
NET CURRENT ASSETS 95,411 94,882
TOTAL ASSETS LESS CURRENT
LIABILITIES

399,969

397,981

CREDITORS
Amounts falling due after more than one
year

300,000

325,000
NET ASSETS 99,969 72,981

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 99,869 72,881
SHAREHOLDERS' FUNDS 99,969 72,981

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.

J G H LIMITED (REGISTERED NUMBER: 05314444)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


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 Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 September 2024 and were signed on its behalf by:





Mr Jeremy Glenn Harley - Director


J G H LIMITED (REGISTERED NUMBER: 05314444)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

J G H 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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Freehold property has not been depreciated which is a departure from Financial Reporting Standard 102 and from the Companies Act 2006. Depreciation if provided would not have been of a material nature. The directors consider that this policy results in the financial statements showing a true and fair view.

Government grants
Grants received are credited to profit and loss account in the financial period in which they are received.

Investment property
All of the company's properties are held for long-term investment and are included in the Balance Sheet at cost which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment properties which is a departure from Financial Reporting Standard 102 and the Companies Act 2006. Depreciation if provided would not have been of a material nature.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Rental income
Rental income is included in the financial statements on the accruals basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

J G H LIMITED (REGISTERED NUMBER: 05314444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 883
NET BOOK VALUE

At 31 December 2023 883
At 31 December 2022 883

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 480,193
Additions 11,604
At 31 December 2023 491,797
DEPRECIATION
At 1 January 2023 232,042
Charge for year 10,145
At 31 December 2023 242,187
NET BOOK VALUE
At 31 December 2023 249,610
At 31 December 2022 248,151

Freehold property has not been depreciated which is a departure from Financial Reporting Standard 102 and from the Companies Act 2006. Depreciation if provided would not have been of a material nature. The directors consider that this policy results in the financial statements showing a true and fair view.

6. INVESTMENT PROPERTY
Total
£   
COST
At 1 January 2023
and 31 December 2023 54,065
NET BOOK VALUE
At 31 December 2023 54,065
At 31 December 2022 54,065

All of the company's properties are held for long-term investment and are included in the Balance Sheet at cost which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment properties which is a departure from Financial Reporting Standard 102 and the Companies Act 2006. Depreciation if provided would not have been of a material nature.

J G H LIMITED (REGISTERED NUMBER: 05314444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
53 A Ordinary £1 53 53
1 B Ordinary £1 1 1
46 C Ordinary £1 46 46
100 100

8. RELATED PARTY DISCLOSURES

At 31 December 2023, Mr Jeremy Glenn Harley, a director of the company had on an unsecured interest free basis, advanced £326,429 to the company. Of this amount £26,429 is repayable on demand, and £300,000 is repayable after more than one year.

(Prior year £350,097).

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Jeremy Glenn Harley.