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REGISTERED NUMBER: 07992833 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JEDS INVESTMENTS LIMITED

JEDS INVESTMENTS LIMITED (REGISTERED NUMBER: 07992833)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 7

JEDS INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: E D Coleman
E J Coleman



REGISTERED OFFICE: 206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS



REGISTERED NUMBER: 07992833 (England and Wales)



ACCOUNTANTS: F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS



BANKERS: Lloyds Bank PLC
George St (306676)Luton
PO BOX 1000
BX1 1LT



SOLICITORS: Taylor Walton Solicitors LLP
28-44 Alma Street
Luton
Beds
LU1 1PL

JEDS INVESTMENTS LIMITED (REGISTERED NUMBER: 07992833)

BALANCE SHEET
30 April 2024

2023 2024
£    £    Notes £    £   
FIXED ASSETS
5,622 Tangible assets 5 4,096
51 Investments 6 51
1,235,222 Investment property 7 4,000,000
1,240,895 4,004,147

CURRENT ASSETS
3,096,887 Stocks 8 1,135,092
10,065,395 Debtors 9 8,692,247
355,652 Cash at bank 522,303
13,517,934 10,349,642
CREDITORS
848,009 Amounts falling due within one year 10 280,975
12,669,925 NET CURRENT ASSETS 10,068,667
13,910,820 TOTAL ASSETS LESS CURRENT
LIABILITIES

14,072,814

64,508 PROVISIONS FOR LIABILITIES 1,024
13,846,312 NET ASSETS 14,071,790

CAPITAL AND RESERVES
100 Called up share capital 11 100
13,846,212 Retained earnings 12 14,071,690
13,846,312 SHAREHOLDERS' FUNDS 14,071,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 12 October 2024 and were signed on its behalf by:



E D Coleman - Director


JEDS INVESTMENTS LIMITED (REGISTERED NUMBER: 07992833)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

JEDS Investments Ltd is a private company, limited by shares and registered in England and Wales.

Registered number: 07992833

Registered office: 206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS

The presentation currency of the financial statements is in the Pound Sterling (£).

The principal activity of the company in the year under review was that of land development.

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.

As with most businesses the company continue to be impacted by the Coronavirus (Covid 19).

The pandemic, along with the restrictions on business has had an impact on the company's operations, customers, suppliers and staff. The company has utilised the grants and benefits available from the Government and are taking all the steps the company can to protect the future of its business
.
Although the total impact is still uncertain the directors believe that it is appropriate to prepare the accounts on a going concern basis.

Government grants are shown in the accounts on the date they are receivable

Preparation of consolidated financial statements
The financial statements contain information about JEDS Investments 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.

Significant judgements and estimates
No significant judgements or estimates have had to be made by the directors in preparing these financial statements.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

JEDS INVESTMENTS LIMITED (REGISTERED NUMBER: 07992833)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


3. ACCOUNTING POLICIES - continued

Stocks
Stock of land are valued at a lower of cost and net realisable value together with associated direct costs.

Financial instruments
Basic financial instruments are recognised at amortised cost,except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Motor Computer
Totals vehicles equipment
£    £    £   
COST
At 1 May 2023
and 30 April 2024 29,756 28,773 983
DEPRECIATION
At 1 May 2023 24,134 23,652 482
Charge for year 1,526 1,280 246
At 30 April 2024 25,660 24,932 728
NET BOOK VALUE
At 30 April 2024 4,096 3,841 255
At 30 April 2023 5,622 5,121 501

JEDS INVESTMENTS LIMITED (REGISTERED NUMBER: 07992833)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 51
NET BOOK VALUE
At 30 April 2024 51
At 30 April 2023 51

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 1,235,222
Additions 4,000,000
Disposals (1,235,222 )
At 30 April 2024 4,000,000
NET BOOK VALUE
At 30 April 2024 4,000,000
At 30 April 2023 1,235,222

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2022 1,235,222
Valuation in 2024 2,764,778
4,000,000

8. STOCKS
2024 2023
£    £   
Stocks of land & building 1,135,092 3,096,887

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,540,902 5,681,439
Loans to Group undertakings 2,641,816 2,863,953
Directors' loan accounts 1,102,236 1,112,464
Tax 407,293 407,293
Prepayments - 246
8,692,247 10,065,395

JEDS INVESTMENTS LIMITED (REGISTERED NUMBER: 07992833)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 412,511
Trade creditors 7,301 9,291
Tax 144,320 245,540
Social security and other taxes 865 1,495
VAT 2,603 69,425
Other creditors 73,944 64,315
Directors' loan accounts 29,390 36,662
Accrued expenses 22,552 8,770
280,975 848,009

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1.00 100 100

12. RESERVES
Retained
earnings
£   

At 1 May 2023 13,846,212
Profit for the year 225,478
At 30 April 2024 14,071,690

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
E D Coleman
Balance outstanding at start of year 1,112,464 1,252,635
Amounts repaid (10,228 ) (140,171 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,102,236 1,112,464

JEDS INVESTMENTS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
JEDS INVESTMENTS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages three to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS


17 October 2024