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REGISTERED NUMBER: 01758692 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Jadar Limited

Jadar Limited (Registered number: 01758692)






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 5


Jadar Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S J Darville





REGISTERED OFFICE: Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 01758692 (England and Wales)





ACCOUNTANTS: Philip T. Chave & Co
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Jadar Limited (Registered number: 01758692)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,589 8,929
Investments 5 561,172 607,224
568,761 616,153

CURRENT ASSETS
Debtors 466,134 500,895
Cash at bank 272,590 303,945
738,724 804,840
CREDITORS
Amounts falling due within one year 3,121 3,000
NET CURRENT ASSETS 735,603 801,840
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,304,364

1,417,993

PROVISIONS FOR LIABILITIES 6 146,790 156,704
NET ASSETS 1,157,574 1,261,289

CAPITAL AND RESERVES
Called up share capital 7 288 288
Share premium 853,359 853,359
Revaluation reserve 8 619,683 660,864
Capital redemption reserve 133 133
Retained earnings (315,889 ) (253,355 )
SHAREHOLDERS' FUNDS 1,157,574 1,261,289

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 director acknowledges his 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.

Jadar Limited (Registered number: 01758692)

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 Income Statement and 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 Income Statement has not been delivered.

Jadar Limited (Registered number: 01758692)

Abridged Balance Sheet - continued
31 December 2023



The financial statements were approved by the director and authorised for issue on 24 September 2024 and were signed by:





S J Darville - Director


Jadar Limited (Registered number: 01758692)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Jadar 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Office equipment - 15% on reducing balance

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).

Jadar Limited (Registered number: 01758692)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 21,675
DEPRECIATION
At 1 January 2023 12,746
Charge for year 1,340
At 31 December 2023 14,086
NET BOOK VALUE
At 31 December 2023 7,589
At 31 December 2022 8,929

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 January 2023 621,930
Additions 102,979
Disposals (107,684 )
Revaluations (50,841 )
At 31 December 2023 566,384
PROVISIONS
At 1 January 2023 14,706
Charge for year 1,028
Eliminated on disposal (10,522 )
At 31 December 2023 5,212
NET BOOK VALUE
At 31 December 2023 561,172
At 31 December 2022 607,224

Cost or valuation at 31 December 2023 is represented by:
Totals
£   
Valuation in 2017 885,964
Valuation in 2018 (72,517 )
Valuation in 2019 (31,168 )
Valuation in 2020 (154,864 )
Valuation in 2021 (5,485 )
Valuation in 2022 (55,546 )
566,384

Jadar Limited (Registered number: 01758692)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS - continued

If Unlisted investments had not been revalued it would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 350,060 350,060

The director undertook a revaluation exercise at the end of each year in relation to the unlisted investments.

Valuations were obtained by the investment custodians as at 31st December 2022 and this value is £370,848 (2022: £445.760).

Market value of listed investments at 31 December 2023 - £ 249,271 .

6. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax
Accelerated capital allowances 1,442 1,696
Other timing differences 145,348 155,008
146,790 156,704

Deferred
tax
£   
Balance at 1 January 2023 156,704
Credit to Income Statement during year (9,914 )
Balance at 31 December 2023 146,790

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
188 Ordinary shares £1 188 188
100 A shares £1 100 100
288 288

8. RESERVES
Revaluation
reserve
£   
At 1 January 2023 660,864
Revaluation of unlisted
investments (41,181 )

At 31 December 2023 619,683