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REGISTERED NUMBER: 07050533 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

JAMBEROO LIMITED

JAMBEROO LIMITED (REGISTERED NUMBER: 07050533)

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










Page

Balance Sheet 1

Notes to the Financial Statements 2


JAMBEROO LIMITED (REGISTERED NUMBER: 07050533)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,865,000 1,865,000
Investments 5 1,225,000 1,657,581
3,090,000 3,522,581

CURRENT ASSETS
Cash at bank 1,657,103 1,156,671

CREDITORS
Amounts falling due within one year 6 1,053,702 559,097
NET CURRENT ASSETS 603,401 597,574
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,693,401

4,120,155

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,693,301 4,120,055
SHAREHOLDERS' FUNDS 3,693,401 4,120,155

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 28 March 2025 and were signed on its behalf by:





A J M Cripwell - Director


JAMBEROO LIMITED (REGISTERED NUMBER: 07050533)

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


1. STATUTORY INFORMATION

Jamberoo Limited is a private company limited by shares and incorporated in England, registered number is 07050533. Its registered office is Home House, Tanhouse Lane, Cradley, Herefordshire, WR13 5JY.

The financial statements are presented in Sterling, which is the functional currency of the company.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Jamberoo 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.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investments in subsidiary undertakings are initially recognised at cost. Any impairment in the value of the undertakings is recognised in the profit and loss account in the year of impairment.

Financial instruments
Basic financial liabilities, including trade and other debtors and creditors, bank loans and other loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts or payments discounted at a market rate of interest.

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.


JAMBEROO LIMITED (REGISTERED NUMBER: 07050533)

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

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and have therefore prepared the financial statements on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 July 2023
and 30 June 2024 1,865,000
NET BOOK VALUE
At 30 June 2024 1,865,000
At 30 June 2023 1,865,000

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023 1,657,581
Impairments (432,581 )
At 30 June 2024 1,225,000
NET BOOK VALUE
At 30 June 2024 1,225,000
At 30 June 2023 1,657,581

JAMBEROO LIMITED (REGISTERED NUMBER: 07050533)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors - 1,080
Amounts owed to group undertakings 118,430 -
Taxation and social security 46,035 27,535
Other creditors 889,237 530,482
1,053,702 559,097

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

The Report of the Auditors was unqualified.

Victoria Brassington BA FCA (Senior Statutory Auditor)
for and on behalf of Blackthorns

8. CONTINGENT LIABILITIES

The company's bankers hold a multilateral guarantee between this company and Isaac Lord Limited. At the balance sheet date the liability under this guarantee amounted to £Nil (2023 - £Nil).

9. OTHER RELATED PARTIES

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.

The company is party to ongoing loans from another company owned by a director. At the balance sheet date the amount outstanding to that company was £870,747 (2023 - £511,993).

10. POST BALANCE SHEET EVENTS

On 23 October 2024 the company sold its shareholding in Isaac Lord Limited to a management buy-out team.

11. ULTIMATE CONTROLLING PARTY

From 12 March 2024 the company's immediate and ultimate parent undertaking is Polventon Limited, a company registered in England and Wales. Consolidated accounts are not prepared as the group qualifies as a small group.