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REGISTERED NUMBER: 00760976 (England and Wales)


















Unaudited Financial Statements for the Year Ended 31 December 2023

for

W.Jordan & Son (Holdings) Ltd

W.Jordan & Son (Holdings) Ltd (Registered number: 00760976)






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


W.Jordan & Son (Holdings) Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: W J Jordan
R D Jordan
D D Jordan
J W Jordan





REGISTERED OFFICE: Holme Mills
Langford Road
Biggleswade
Bedfordshire
SG18 9JX





REGISTERED NUMBER: 00760976 (England and Wales)





ACCOUNTANTS: George Hay Partnership LLP
Chartered Accountants
Brigham House
High Street
Biggleswade
Bedfordshire
SG18 0LD

W.Jordan & Son (Holdings) Ltd (Registered number: 00760976)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 5 1,682,372 2,035,873
Investment property 6 6,329,500 6,329,500
8,011,872 8,365,373

CURRENT ASSETS
Debtors 223,290 45,364
Cash at bank 56,262 46,994
279,552 92,358
CREDITORS
Amounts falling due within one year 10,069,065 10,061,698
NET CURRENT LIABILITIES (9,789,513 ) (9,969,340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,777,641

)

(1,603,967

)

CAPITAL AND RESERVES
Called up share capital 103,500 103,500
Retained earnings (1,881,141 ) (1,707,467 )
SHAREHOLDERS' FUNDS (1,777,641 ) (1,603,967 )

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.

W.Jordan & Son (Holdings) Ltd (Registered number: 00760976)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





W J Jordan - Director


W.Jordan & Son (Holdings) Ltd (Registered number: 00760976)

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

1. STATUTORY INFORMATION

W.Jordan & Son (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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Going concern
At the balance sheet date the Company's liabilities exceeded its assets. The Company continues to trade within its financial parameters and with the continued support of its shareholders..

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

W.Jordan & Son (Holdings) Ltd (Registered number: 00760976)

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

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 January 2023 2,035,873
Additions 70,703
Disposals (486,651 )
Revaluations 62,447
At 31 December 2023 1,682,372
NET BOOK VALUE
At 31 December 2023 1,682,372
At 31 December 2022 2,035,873

Cost or valuation at 31 December 2023 is represented by:
Totals
£   
Valuation in 2019 235,094
Valuation in 2020 225,641
Valuation in 2021 (139,476 )
Valuation in 2022 (249,430 )
Valuation in 2023 62,447
Cost 1,548,096
1,682,372

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 6,329,500
NET BOOK VALUE
At 31 December 2023 6,329,500
At 31 December 2022 6,329,500

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2013 4,158
Valuation in 2014 1,604,766
Valuation in 2015 (76,366 )
Valuation in 2016 (410,974 )
Valuation in 2017 232,055
Valuation in 2018 (2,126,367 )
Valuation in 2021 736
Valuation in 2022 (1,035,500 )
Cost 8,136,992
6,329,500

W.Jordan & Son (Holdings) Ltd (Registered number: 00760976)

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

6. INVESTMENT PROPERTY - continued

If the investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 8,136,992 8,136,992

The Investment properties were independently valued in August 2023 by D W Clinton Bsc FRICS.
The directors do not believe there is any material difference in the fair value of the property between the date of the valuation and the balance sheet date.