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REGISTERED NUMBER: 14549386 (England and Wales)















Unaudited Financial Statements

for the Period 19 December 2022 to 31 March 2024

for

JEPA Holdings Ltd

JEPA Holdings Ltd (Registered number: 14549386)






Contents of the Financial Statements
for the Period 19 December 2022 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JEPA Holdings Ltd

Company Information
for the Period 19 December 2022 to 31 March 2024







DIRECTORS: J P Airey
Mrs W J Airey





REGISTERED OFFICE: 117 - 119 Cleethorpe Road
Grimsby
N E Lincs
DN31 3ET





REGISTERED NUMBER: 14549386 (England and Wales)






JEPA Holdings Ltd (Registered number: 14549386)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Investments 4 509,750

CURRENT ASSETS
Cash at bank 10

CREDITORS
Amounts falling due within one year 5 164,543
NET CURRENT LIABILITIES (164,533 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

345,217

CREDITORS
Amounts falling due after more than one
year

6

344,504
NET ASSETS 713

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 613
713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:



J P Airey - Director


JEPA Holdings Ltd (Registered number: 14549386)

Notes to the Financial Statements
for the Period 19 December 2022 to 31 March 2024

1. STATUTORY INFORMATION

JEPA Holdings Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about JEPA Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investments in joint ventures
Investments in joint ventures are recognised at cost.

Taxation
Taxation for the period 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 period 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 period was NIL.

JEPA Holdings Ltd (Registered number: 14549386)

Notes to the Financial Statements - continued
for the Period 19 December 2022 to 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in Interest
group in joint
undertakings venture Totals
£    £    £   
COST
Additions 509,700 50 509,750
At 31 March 2024 509,700 50 509,750
NET BOOK VALUE
At 31 March 2024 509,700 50 509,750

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiary

Rase Outdoor Living Ltd
Registered office: Hanover House, 117-119 Cleethorpe Road, Grimsby, N E Lincs, DN31 3ET
Nature of business: Sale of outdoor and garden products
%
Class of shares: holding
Ordinary 100.00

Joint venture

Kittell Limited
Registered office: Tower House, Lucy Tower Street, Lincoln, LN1 1XW
Nature of business: Retail of furniture and lighting
%
Class of shares: holding
Ordinary 50.00

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 40,989
Amounts owed to group undertakings 58,068
Other creditors 65,486
164,543

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 182,004
Other creditors 162,500
344,504

JEPA Holdings Ltd (Registered number: 14549386)

Notes to the Financial Statements - continued
for the Period 19 December 2022 to 31 March 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 222,993

Bank loans are secured by a debenture creating a fixed and floating charge over the assets of the company and the assets of its wholly owned subsidiary. The wholly owned subsidiary has also provided a £250,000 guarantee.

8. ULTIMATE CONTROLLING PARTY

The controlling party is J P Airey.