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REGISTERED NUMBER: SC498866 (Scotland)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JNI (HOLDINGS) LIMITED

JNI (HOLDINGS) LIMITED (REGISTERED NUMBER: SC498866)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


JNI (HOLDINGS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mrs J Ironside
Miss B Ironside





REGISTERED OFFICE: 51-53 High Street
Turriff
Aberdeenshire
AB53 4EJ





REGISTERED NUMBER: SC498866 (Scotland)





ACCOUNTANTS: Bain Henry Reid
28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY

JNI (HOLDINGS) LIMITED (REGISTERED NUMBER: SC498866)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,300 1,300

CURRENT ASSETS
Debtors 5 3,838,378 3,915,484
Cash at bank 1,371 -
3,839,749 3,915,484
CREDITORS
Amounts falling due within one year 6 50,388 388
NET CURRENT ASSETS 3,789,361 3,915,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,790,661

3,916,396

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 3,789,661 3,915,396
SHAREHOLDERS' FUNDS 3,790,661 3,916,396

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 29 April 2025 and were signed on its behalf by:





Mrs J Ironside - Director


JNI (HOLDINGS) LIMITED (REGISTERED NUMBER: SC498866)

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


1. STATUTORY INFORMATION

JNI (Holdings) Limited is a private company, limited by shares , registered in Scotland. 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.

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

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 balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 1,300
NET BOOK VALUE
At 30 April 2024 1,300
At 30 April 2023 1,300

JNI (HOLDINGS) LIMITED (REGISTERED NUMBER: SC498866)

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


5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Dance Studio loan 14,333 14,333
KW Contractors Limited 2,146,003 1,984,649
JNI Agricultural Limited 613,063 844,149
JNI Lodges Limited 7,644 7,261
JNI Properties Limited 891,307 884,731
3,672,350 3,735,123

Amounts falling due after more than one year:
Dance Studio loan 166,028 180,361

Aggregate amounts 3,838,378 3,915,484

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 50,388 388