BrightAccountsProduction v1.0.0 v1.0.0 2023-07-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the business is that of holding 100% of the share capital in a trading subsidiary. 27 March 2025 1 1 NI636311 2024-06-30 NI636311 2023-06-30 NI636311 2022-06-30 NI636311 2023-07-01 2024-06-30 NI636311 2022-07-01 2023-06-30 NI636311 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI636311 uk-curr:PoundSterling 2023-07-01 2024-06-30 NI636311 uk-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 NI636311 uk-bus:FullAccounts 2023-07-01 2024-06-30 NI636311 uk-bus:Director1 2023-07-01 2024-06-30 NI636311 uk-bus:RegisteredOffice 2023-07-01 2024-06-30 NI636311 uk-bus:Agent1 2023-07-01 2024-06-30 NI636311 uk-core:ShareCapital 2024-06-30 NI636311 uk-core:ShareCapital 2023-06-30 NI636311 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 NI636311 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 NI636311 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-06-30 NI636311 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 NI636311 uk-bus:FRS102 2023-07-01 2024-06-30 NI636311 uk-core:CostValuation 2024-06-30 NI636311 uk-core:Subsidiary1 2023-07-01 2024-06-30 NI636311 uk-core:CurrentFinancialInstruments 2024-06-30 NI636311 uk-core:CurrentFinancialInstruments 2023-06-30 NI636311 2023-07-01 2024-06-30 NI636311 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
Company Registration Number: NI636311
 
 
SPJW Holdings Ltd
 
Unaudited Financial Statements
 
for the financial year ended 30 June 2024
SPJW Holdings Ltd
Director and Other Information

 
Director David Ruddell
 
 
Company Registration Number NI636311
 
 
Registered Office and Business Address Unit 63 Armagh Business Centre, 2 Loughgall Road
Armagh
Armagh
BT61 7NH
Northern Ireland
 
 
Accountants Wylie Ruddell Limited
Chartered Accountants
Unit 63 Armagh Business Centre,
2 Loughgall Road,
Armagh
Armagh
BT61 7NH
 
 
Bankers First Trust
  English Street
  Armagh
  Armagh
  BT61 7LD
  Northern Ireland
 
   
Solicitors Thompson Mitchell
  12-14 Mandeville Street
  Portadown
  Armagh
  BT62 3NZ
  Northern Ireland



SPJW Holdings Ltd
Company Registration Number: NI636311
Balance Sheet
as at 30 June 2024

2024 2023
Notes £ £
 
Fixed Assets
Investments 4 1,072,805 1,072,805
───────── ─────────
 
Current Assets
Debtors 5 75,383 75,000
Creditors: amounts falling due within one year 6 (43,501) (43,118)
───────── ─────────
Net Current Assets 31,882 31,882
───────── ─────────
Total Assets less Current Liabilities 1,104,687 1,104,687
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 1,104,587 1,104,587
───────── ─────────
Equity attributable to owners of the company 1,104,687 1,104,687
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.
           
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 27 March 2025
           
           
________________________________          
David Ruddell          
Director          
           



SPJW Holdings Ltd
Notes to the Financial Statements
for the financial year ended 30 June 2024

   
1. General Information
 
SPJW Holdings Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI636311. The registered office of the company is Unit 63 Armagh Business Centre, 2 Loughgall Road, Armagh, Armagh, BT61 7NH, Northern Ireland which is also the principal place of business of the company. The principal activity of the business is that of holding 100% of the share capital in a trading subsidiary. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 June 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Consolidated accounts
The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2023 - 1).
 
  2024 2023
  Number Number
 
Director 1 1
  ═════════ ═════════
       
4. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 30 June 2024 1,072,805 1,072,805
  ───────── ─────────
Net book value
At 30 June 2024 1,072,805 1,072,805
  ═════════ ═════════
At 30 June 2023 1,072,805 1,072,805
  ═════════ ═════════
             
4.1. Holdings in related undertakings
The company holds 20% or more of the share capital of the following company:
 
  Country Nature   Details Proportion
  of of   of held by
Name incorporation and address of Registered Office business   investment company
 
Subsidiary undertaking
Wylie Ruddell Ltd Armagh Business Centre, Armagh, BT61 7NH Accountancy   Ordinary 100%
 
 
In the opinion of the director, the value to the company of the unlisted investments is not less than the book amount shown above.
       
5. Debtors 2024 2023
  £ £
 
Amounts owed by group undertakings 75,383 75,000
  ═════════ ═════════
       
6. Creditors 2024 2023
Amounts falling due within one year £ £
 
Director's current account 43,501 43,118
  ═════════ ═════════
       
7. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 June 2024.
           
8. Related party transactions
The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.
   
9. Director's advances, credits and guarantees
 
The Director was owed a balance of £43,501 at 30 June 2024 (2023: £43,118.)
   
10. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.