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REGISTERED NUMBER: 07139320 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JAVELIN BLOCK LIMITED

JAVELIN BLOCK LIMITED (REGISTERED NUMBER: 07139320)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JAVELIN BLOCK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: S Holt





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 07139320 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

JAVELIN BLOCK LIMITED (REGISTERED NUMBER: 07139320)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 98,816 87,858

CURRENT ASSETS
Stocks 1,422,537 1,073,878
Debtors 5 3,012,579 3,338,569
Cash at bank 34,277 53,935
4,469,393 4,466,382
CREDITORS
Amounts falling due within one year 6 3,886,739 4,121,241
NET CURRENT ASSETS 582,654 345,141
TOTAL ASSETS LESS CURRENT
LIABILITIES

681,470

432,999

CREDITORS
Amounts falling due after more than one
year

7

(513,608

)

(514,109

)

PROVISIONS FOR LIABILITIES (24,704 ) -
NET ASSETS/(LIABILITIES) 143,158 (81,110 )

CAPITAL AND RESERVES
Called up and paid share capital 100 100
Retained earnings 143,058 (81,210 )
SHAREHOLDERS' FUNDS 143,158 (81,110 )

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 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.

JAVELIN BLOCK LIMITED (REGISTERED NUMBER: 07139320)

BALANCE SHEET - continued
30 APRIL 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





S Holt - Director


JAVELIN BLOCK LIMITED (REGISTERED NUMBER: 07139320)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Javelin Block 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.

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.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


JAVELIN BLOCK LIMITED (REGISTERED NUMBER: 07139320)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
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 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 303,661
Additions 44,319
At 30 April 2024 347,980
DEPRECIATION
At 1 May 2023 215,803
Charge for year 33,361
At 30 April 2024 249,164
NET BOOK VALUE
At 30 April 2024 98,816
At 30 April 2023 87,858

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 1,811,468 1,972,468
Other debtors 1,201,111 1,366,101
3,012,579 3,338,569

JAVELIN BLOCK LIMITED (REGISTERED NUMBER: 07139320)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 238,865 18,114
Other creditors 3,647,874 4,103,127
3,886,739 4,121,241

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 513,608 514,109

8. RELATED PARTY DISCLOSURES

At the year end date, the company owed the director £3,347,757 (2023 - £3,789,065). The loan is interest free and has no fixed terms for repayment.

Included in debtors are amounts owed from companies in which the director has controlling interest of £1,201,111 (2023 - £1,344,157). The loans are interest free and has no fixed terms for repayment.

Included in creditors are amounts owed to a company in which the director has controlling interest of £296,670 (2023 - £296,670). The loan is interest free and has no fixed terms for repayment.

Javelin Block Holdings Limited is the parent company. The parent company holds the same registered office as the subsidiary.