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REGISTERED NUMBER: 11494934 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GR Jones Holdings Ltd

GR Jones Holdings Ltd (Registered number: 11494934)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GR Jones Holdings Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: G R Jones





REGISTERED OFFICE: 4 Bishops Walk
Cradley Heath
West Midlands
B64 7RH





REGISTERED NUMBER: 11494934 (England and Wales)





ACCOUNTANTS: Pride Accountants
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

GR Jones Holdings Ltd (Registered number: 11494934)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 159,250 159,250

CURRENT ASSETS
Debtors 5 33,594 36,000
Cash at bank 6,956 25,575
40,550 61,575
CREDITORS
Amounts falling due within one year 6 94,999 89,868
NET CURRENT LIABILITIES (54,449 ) (28,293 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,801

130,957

CREDITORS
Amounts falling due after more than one
year

7

46,875

109,375
NET ASSETS 57,926 21,582

CAPITAL AND RESERVES
Called up share capital 60 60
Retained earnings 57,866 21,522
57,926 21,582

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.

GR Jones Holdings Ltd (Registered number: 11494934)

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 September 2024 and were signed by:





G R Jones - Director


GR Jones Holdings Ltd (Registered number: 11494934)

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

1. STATUTORY INFORMATION

GR Jones 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 1 (2022 - 1 ) .

GR Jones Holdings Ltd (Registered number: 11494934)

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 159,250
NET BOOK VALUE
At 31 December 2023 159,250
At 31 December 2022 159,250

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

Associated company

UKS Distribution Limited
Registered office: Unit 12 Haywood Forge, Hereward Rise, Prospect Road, Halesowen, West Midlands, B62 8AW.
Nature of business: Sale of automotive components.
%
Class of shares: holding
Ordinary £1 80.00

Fixed asset investments relate to the investment at cost in its subsidiary company, UKS Distribution Limited.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 27,094 31,200
Other debtors 6,500 4,800
33,594 36,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 62,500 62,500
Taxation and social security 7,347 2,099
Other creditors 25,152 25,269
94,999 89,868

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 46,875 109,375

GR Jones Holdings Ltd (Registered number: 11494934)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 109,375 171,875

HSBC UK Bank Plc hold a debenture dated 8 September 2021 containing a fixed and floating charge over all the property or undertaking of the company.

9. RELATED PARTY DISCLOSURES

The company is the parent company of UKS Distribution Limited.

Other debtors (including non interest bearing loans) as at 31 December 2023 include due from UKS Distribution Limited the sum of £27,094. (2022 - £31,200)

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G R Jones.