REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
Buster Jimmy Holdco Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
for |
Buster Jimmy Holdco Limited |
Buster Jimmy Holdco Limited (Registered number: 13929086) |
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 | 3 |
Buster Jimmy Holdco Limited |
Company Information |
for the Year Ended 31 December 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
6 Lichfield Street |
Burton on Trent |
Staffordshire |
DE14 3RD |
Buster Jimmy Holdco Limited (Registered number: 13929086) |
Abridged Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) |
( |
) |
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. |
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 |
Buster Jimmy Holdco Limited (Registered number: 13929086) |
Notes to the Financial Statements |
for the Year Ended 31 December 2023 |
1. | STATUTORY INFORMATION |
Buster Jimmy Holdco Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going Concern |
The company's directors anticipate the receipt of investment income from subsidiary companies in future years and are satisfied that the going concern basis of preparation is appropriate. |
Preparation of consolidated financial statements |
The financial statements contain information about Buster Jimmy Holdco Limited 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. |
Turnover |
Turnover represents the investment income receivable by the company during the period. This is in the form of franked investment income. |
Investments in subsidiaries and associates |
Investments in subsidiary and associate undertakings are recognised at cost. |
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). |
Buster Jimmy Holdco Limited (Registered number: 13929086) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
4. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1 January 2023 |
and 31 December 2023 | 1,040 |
NET BOOK VALUE |
At 31 December 2023 | 1,040 |
At 31 December 2022 | 1,040 |
5. | CALLED UP SHARE CAPITAL |
During the period to 31 December 2022 the company issued the following shares: |
52,700 Ordinary A1 Shares of £0.01 each |
50,300 Ordinary A2 Shares of £0.01 each |
1,000 Ordinary B Shares of £0.01 each |
There was then a subdivision of these categories into the following shares: |
26,350 Ordinary A1Y shares of £0.01 each |
26,350 Ordinary A1Z shares of £0.01 each |
25,150 Ordinary A2Y shares of £0.01 each |
25,150 Ordinary A2Z shares of £0.01 each |
500 Ordinary B1Y shares of £0.01 each and |
500 Ordinary B1Z shares of £0.01 each. |
Following this subdivision the A1Y, A2Y and B1Y shares were cancelled and at 31 December 2022 the following shares were in issue: |
26,350 Ordinary A1Z shares of £0.01 each |
25,150 Ordinary A2Z shares of £0.01 each and |
500 Ordinary B1Z shares of £0.01 each. |
There were no changes in the share capital during the year ended 31 December 2023. |
6. | RELATED PARTY DISCLOSURES |
At 31 December 2023 the company owed related group undertakings £1,933 (2022: £Nil). |