Registration number:
Juno Investments Limited
for the Year Ended 31 March 2024
Juno Investments Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Juno Investments Limited
Company Information
Director |
N W Wray |
Registered office |
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Juno Investments Limited
(Registration number: 07659145)
Balance Sheet as at 31 March 2024
Note |
2024 |
2023 |
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Fixed assets |
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Investment in subsidiary |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
( |
( |
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Shareholder's deficit |
( |
( |
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The statement of comprehensive income and the director's report are not delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies regime.
Approved and authorised for issue by the
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N W Wray
Director
Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
General information |
The company is a private company limited by share capital incorporated in England. The registered office address is shown on page 1.
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A Small Entities and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except where otherwise disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
Going concern
The financial statements have been prepared on a going concern basis. The company is dependent on the continuing support of its parent undertaking and of a group undertaking to meet its liabilities. The parent undertaking and the group undertaking have confirmed they will provide financial support to enable the company to meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements are approved.
Exemption from preparing group accounts
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A Small Entities may require the use of certain critical accounting estimates. It may also require the director to exercise judgement in applying the accounting policies. |
In preparing these financial statements, the director has had to make the following judgements: |
- Determine to what extent there are indicators of impairment of the company's investment in its subsidiary that is carried at cost. Factors taken into consideration in reaching such a decision include value of investments held by the subsidiary and knowledge as to the economic viability and expected future financial performance of the subsidiary. |
There were no other significant judgements or areas of estimation uncertainty. |
Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
2 |
Accounting policies (continued) |
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Investment in subsidiary
Investment in the subsidiary is measured in the balance sheet at cost less any provision for impairment. Any impairment movements are included in the statement of comprehensive income.
An entity is treated as a subsidiary where the company has the power to govern the financial and operating policies of the investee entity so as to obtain benefits from its activities.
Cash at bank and in hand
This comprises cash in hand.
Financial instruments
Employees and director information |
The company had no employees (2023 - none) and
Investment in subsidiary |
2024 |
2023 |
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Carrying amount |
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Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
4 |
Investment in subsidiary (continued) |
£ |
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Cost |
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At 1 April 2023 |
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At 31 March 2024 |
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Impairment |
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At 1 April 2023 |
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Impairment in the year |
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At 31 March 2024 |
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Carrying amount |
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At 31 March 2024 |
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At 31 March 2023 |
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Details of subsidiary are as follows:
Name |
Registered office |
Holding |
Percentage of shares and voting rights held |
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2024 |
2023 |
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Belfry House
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Ordinary share capital |
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England |
The principal activity of Brendon Street Investments Limited, a company incorporated in England, is |
Creditors: amounts falling due within one year |
2024 |
2023 |
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Amounts owed to parent undertaking |
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Amounts owed to subsidiary undertaking |
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Juno Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024
Related party transactions |
The company has taken advantage of exemption available in FRS 102 Section 1A not to disclose any transactions with its parent company and wholly owned subsidiaries other than those disclosed elsewhere in the notes.
Ultimate controlling party |
As at 31 March 2024, the company's immediate and ultimate parent company was Eurobeck Limited, a company incorporated in Cyprus and resident in United Kingdom and the ultimate controlling party was N W Wray. No publicly available consolidated financial statements are prepared that incorporate the results of the company.
At the date of approval of these financial statements, the ultimate parent company is now Argent Finance Limited, a company incorporated and resident in Jersey. The ultimate controlling party is RBC Trustees (Jersey) Limited, as trustee of The Edna Wray Grandchildren's Accumulation and Maintenance Trust.
Share capital |
Allotted, called up and fully paid shares
2024 |
2023 |
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No. |
£ |
No. |
£ |
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1,000 |
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1,000 |