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REGISTERED NUMBER: 09583374 (England and Wales)












JAMESURL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






JAMESURL LIMITED (REGISTERED NUMBER: 09583374)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JAMESURL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: R A Lord
A Haynes


REGISTERED OFFICE: Unit 900
Fareham Reach
Gosport
Hampshire
PO13 0FW


REGISTERED NUMBER: 09583374 (England and Wales)


SENIOR STATUTORY AUDITOR: James Flood FCA


AUDITORS: Hopper Williams & Bell Limited
Statutory Auditor
Highland House
Mayflower Close
Chandler's Ford
Eastleigh
Hampshire
SO53 4AR


BANKERS: HSBC Bank plc
Mitchell Way
Southampton International Airport
Southampton
Hampshire
SO18 2XU

JAMESURL LIMITED (REGISTERED NUMBER: 09583374)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £ £
FIXED ASSETS
Investments 4 2,968,329 2,968,329

CREDITORS
Amounts falling due within one year 5 (2,222,796 ) (2,307,582 )
NET CURRENT LIABILITIES (2,222,796 ) (2,307,582 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

745,533

660,747

CREDITORS
Amounts falling due after more than one year 6 (1,244,343 ) (1,159,531 )
NET LIABILITIES (498,810 ) (498,784 )

CAPITAL AND RESERVES
Called up share capital 358 358
Retained earnings (499,168 ) (499,142 )
SHAREHOLDERS' FUNDS (498,810 ) (498,784 )

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 Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by:





R A Lord - Director


JAMESURL LIMITED (REGISTERED NUMBER: 09583374)

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


1. STATUTORY INFORMATION

Jamesurl 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Going concern
The company is reliant on the support of its subsidiary, CPG Logistics Limited, in order to meet the demands of its creditors. The directors of the CPG Logistics Limited have given their assurance that this support will continue for the foreseeable future. As such, the financial statements have been prepared on a going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about Jamesurl Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, CPG Capital Limited, whose registered office is: Unit 900, Fareham Reach, Gosport, Hampshire, PO13 0FW.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiaries are recognised at cost.

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.


JAMESURL LIMITED (REGISTERED NUMBER: 09583374)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 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.

Financial assets
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables 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 financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

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

JAMESURL LIMITED (REGISTERED NUMBER: 09583374)

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


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 October 2023
and 30 September 2024 2,968,329
NET BOOK VALUE
At 30 September 2024 2,968,329
At 30 September 2023 2,968,329

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

Company
CPG Holdings Limited
CPG Logistics Limited
Medisa Services Limited

All of the above companies are incorporated in England and Wales and are included in the consolidated group accounts for CPG Capital Limited. The registered office and principal place of business of all subsidiaries is Unit 900 Fareham Reach, 166 Fareham Road, Gosport, Hampshire, PO13 0FW.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts - 1,066,624
Amounts owed to group undertakings 2,222,233 1,239,409
Other creditors 563 1,549
2,222,796 2,307,582

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Other creditors 1,244,343 1,159,531

JAMESURL LIMITED (REGISTERED NUMBER: 09583374)

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


7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank overdraft - 1,066,624
Other loans 1,244,444 1,159,632
1,244,444 2,226,256

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Flood FCA (Senior Statutory Auditor)
for and on behalf of Hopper Williams & Bell Limited

9. ULTIMATE CONTROLLING PARTY

CPG Capital Limited, incorporated in the United Kingdom, is the company's immediate parent undertaking.

The largest and smallest group in which the results of the company are consolidated is that headed by CPG Capital Limited. The registered office address for CPG Capital Limited is Unit 900 Fareham Reach, Fareham Road, Gosport, Hampshire, PO13 0FW. The consolidated accounts of this company are available to the public and may be obtained from Companies House. No other group accounts include the results of the company.