REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Period 1 February 2023 to 31 March 2024 |
for |
Jarvis and Womack Holdings Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Period 1 February 2023 to 31 March 2024 |
for |
Jarvis and Womack Holdings Limited |
Jarvis and Womack Holdings Limited (Registered number: 14631606) |
Contents of the Financial Statements |
For The Period 1 February 2023 to 31 March 2024 |
Page |
Balance Sheet | 1 | to | 2 |
Notes to the Financial Statements | 3 | to | 4 |
Jarvis and Womack Holdings Limited (Registered number: 14631606) |
Balance Sheet |
31 March 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Share premium |
SHAREHOLDERS' FUNDS |
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. |
Jarvis and Womack Holdings Limited (Registered number: 14631606) |
Balance Sheet - continued |
31 March 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Jarvis and Womack Holdings Limited (Registered number: 14631606) |
Notes to the Financial Statements |
For The Period 1 February 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Jarvis and Womack Holdings Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Jarvis and Womack Holdings 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. |
Investments in subsidiaries |
The company's investment in the ordinary share capital of its subsidiary undertaking is initially recognised at the transaction price and is subsequently measured at cost less any impairment provision. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertaking |
£ |
COST |
Additions |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
Jarvis and Womack Holdings Limited (Registered number: 14631606) |
Notes to the Financial Statements - continued |
For The Period 1 February 2023 to 31 March 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
A Ordinary | £1 | 120 |
B Ordinary | £1 | 80 |
200 |
On incorporation 100 £1 ordinary shares were allotted and fully paid for cash at par. On 19 May 2023 these shares were redesignated as 60 £1 A ordinary shares and 40 £1 B ordinary shares.The A ordinary and B ordinary shares rank pari passu. |
On 26 July 2023 a further 60 £1 A ordinary shares and 40 £1 B ordinary shares were issued as part of a share for share exchange arrangement. As the company's equity holding in its subsidiary undertaking is less than 90% then merger relief does not apply and the excess of the fair value of the shares acquired over the nominal value of the shares issued is recorded in the share premium account. |
7. | RELATED PARTY DISCLOSURES |
During the accounting period, the company has received an interest free loan of £1,013,000 from its subsidiary undertaking. This loan is unsecured and has no fixed repayment date. |