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REGISTERED NUMBER: 05224694 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

JCW INVESTMENTS LTD

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JCW INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: J Waddington
Mrs E Waddington





SECRETARY: Mrs E Waddington





REGISTERED OFFICE: 35 Sim Balk Lane
Bishopthorpe
York
North Yorkshire
YO23 2QH





REGISTERED NUMBER: 05224694 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

STATEMENT OF FINANCIAL POSITION
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,627 2,573
Investments 5 20,000 20,000
Investment property 6 3,066,158 1,867,500
3,088,785 1,890,073

CURRENT ASSETS
Debtors 7 4,431 30,585
Cash at bank and in hand 442,806 715,105
447,237 745,690
CREDITORS
Amounts falling due within one year 8 570,846 41,039
NET CURRENT (LIABILITIES)/ASSETS (123,609 ) 704,651
TOTAL ASSETS LESS CURRENT LIABILITIES 2,965,176 2,594,724

CREDITORS
Amounts falling due after more than one year 9 (1,400,600 ) (1,038,122 )

PROVISIONS FOR LIABILITIES (35,667 ) (47,402 )
NET ASSETS 1,528,909 1,509,200

CAPITAL AND RESERVES
Called up share capital 10 10
Undistributable reserves 11 194,091 229,276
Retained earnings 1,334,808 1,279,914
SHAREHOLDERS' FUNDS 1,528,909 1,509,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

STATEMENT OF FINANCIAL POSITION - continued
30TH SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st March 2025 and were signed on its behalf by:





J Waddington - Director


JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

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

1. STATUTORY INFORMATION

JCW Investments Ltd 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 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.

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

Investments in associates
Investments in associate undertakings are recognised at cost.

Investment property
Investment property is included at fair value as measured by the director, and revaluation reports prepared by Fisher German, Chartered Surveyors - 7th June 2023 . Gains are recognised in the income
statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2023 - NIL ) .

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st October 2023 - 44,208 44,208
Additions 930 - 930
At 30th September 2024 930 44,208 45,138
DEPRECIATION
At 1st October 2023 - 41,635 41,635
Charge for year 233 643 876
At 30th September 2024 233 42,278 42,511
NET BOOK VALUE
At 30th September 2024 697 1,930 2,627
At 30th September 2023 - 2,573 2,573

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1st October 2023
and 30th September 2024 20,000
NET BOOK VALUE
At 30th September 2024 20,000
At 30th September 2023 20,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2023 1,867,500
Additions 1,198,658
At 30th September 2024 3,066,158
NET BOOK VALUE
At 30th September 2024 3,066,158
At 30th September 2023 1,867,500

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

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

6. INVESTMENT PROPERTY - continued

Fair value at 30th September 2024 is represented by:
£   
Valuation in 2023 276,189
Cost 2,795,894
3,072,083

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL
Cost/valuation b/f 1,867,500
Additions 1,198,658
3,066,158

CLIENT SCREEN TOTAL = 3,072,083


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,782 -
Other debtors 2,649 30,585
4,431 30,585

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 323,617 4,165
Trade creditors 129 913
Taxation and social security 3,215 7,751
Other creditors 243,885 28,210
570,846 41,039

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 1,000,600 638,122
Other creditors 400,000 400,000
1,400,600 1,038,122

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

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

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 1,324,217 642,287

The following securities are in place with Bank of Scotland Plc.

Charge created 06/06/2024
9 Catherine Court - Contains a Fixed charge which covers all of the property or the undertaking of the company.

Charge created 05/04/2024
33 St George Road - Contains Fixed and Floating charge which covers all of the property or the undertaking of the company.

Charge created 05/04/2024
90-100 Hamilton Drive - Contains Fixed and Floating charge which covers all of the property or the undertaking of the company.

Charge created 21/08/2020
1 Albany Street - Contains Fixed and Floating charge which covers all of the property or undertaking of the company.

Charge created 05/06/2018
Land at Beckfield Lane - Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created 29/09/2017
56B Horner Street - Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created 11/08/2017
8 Catherine Court - Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created - 26/01/2015
56A Horner Street York - Fixed and Floating Charge.

Charge created 15/10/2014
Contains Fixed & Floating charge which covers all of the property or undertaking of the company.

Charge created 03/05/2012
Amount Secured: £54,000 due or to become due from the company to the chargee against 3 Poppleton Road, York.

11. RESERVES
Undistributabl
reserves
£   
At 1st October 2023 229,276
Transfer (35,185 )

At 30th September 2024 194,091

JCW INVESTMENTS LTD (REGISTERED NUMBER: 05224694)

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

12. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £633,084 (2023 - £422,456) to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year £233,084 (2023 - £22,456) and creditors due after one year £400,000 (2023 - £400,000).


During the year, the company made transactions with JCW Lifts Ltd, a company John Waddington is a director and shareholder of.

The balance at the year end is £200 (2023 - £27,200) and this is included in other debtors.