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REGISTERED NUMBER: 02190562 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

JAGUAR ESTATES LIMITED

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JAGUAR ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr R G Wadsworth
Mr T J Wadsworth
Mr P R Herbert



SECRETARY: Mrs M Wadsworth



REGISTERED OFFICE: 201 High Street
Ecclesfield
Sheffield
S35 9XB



REGISTERED NUMBER: 02190562 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Lloyds Bank PLC
1 High Street
Sheffield
South Yorkshire
S1 2GA

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 21,156 27,955
Investment property 5 80,000 80,000
101,156 107,955

CURRENT ASSETS
Stocks 6 5,415,554 4,422,258
Debtors 7 1,738,691 1,912,609
Cash at bank 6,605 639,636
7,160,850 6,974,503
CREDITORS
Amounts falling due within one year 8 3,670,396 3,281,594
NET CURRENT ASSETS 3,490,454 3,692,909
TOTAL ASSETS LESS CURRENT LIABILITIES 3,591,610 3,800,864

CREDITORS
Amounts falling due after more than
one year

9

27,982

310,696
NET ASSETS 3,563,628 3,490,168

CAPITAL AND RESERVES
Called up share capital 11 20,500 20,500
Other reserve 12 (15,394 ) (15,394 )
Retained earnings 3,558,522 3,485,062
SHAREHOLDERS' FUNDS 3,563,628 3,490,168

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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

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

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 1 May 2025 and were signed on its behalf by:





Mr R G Wadsworth - Director


JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

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

1. STATUTORY INFORMATION

Jaguar Estates Limited 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is recognised to the extent that the company has obtained the right to consideration through the performance of its contractual obligations. Where the substance is that the company's contractual obligations are performed over time, turnover is recognised as contract activity progresses to reflect the company's partial performance of its contractual obligations. The amount recognised represents the right to consideration by reference to the value of work performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

All fixed assets are initially recorded at cost.

Investment property
Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the the profit or loss account.

The fair value is assessed by Mr R G Wadsworth, a director, at each balance sheet date.

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

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

2. ACCOUNTING POLICIES - continued

Stocks
Developed properties for sale are valued at the lower of direct costs and net realisable value. No element of profit is included in the valuation of developed properties for sale.

Properties under development and land & buildings for resale are valued at the lower of direct costs and net realisable value. No element of profit is included in the valuation of properties under development and land & buildings for resale.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hire purchase and operating lease commitments
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

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

4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 28,325 23,313 51,638
Additions - 230 230
At 30 September 2024 28,325 23,543 51,868
DEPRECIATION
At 1 October 2023 590 23,093 23,683
Charge for year 6,934 95 7,029
At 30 September 2024 7,524 23,188 30,712
NET BOOK VALUE
At 30 September 2024 20,801 355 21,156
At 30 September 2023 27,735 220 27,955

Included within the net book value of £21,156 is £20,801 (2023: £27,735) relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £590 (2023: £590).

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 80,000
NET BOOK VALUE
At 30 September 2024 80,000
At 30 September 2023 80,000

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

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

5. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2019 (15,394 )
Cost 95,394
80,000

If investment property had not been revalued they would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 95,394 95,394

Investment property was valued on an open market basis on 30 September 2024 by Mr R G Wadsworth, a company director .

6. STOCKS
30.9.24 30.9.23
£    £   
Properties under development 5,295,749 4,307,578
Developed properties for sale 114,680 114,680
Development land & buildings
for resale 5,125 -
5,415,554 4,422,258

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 13,206 271,703
Amounts owed by group undertakings 789,877 775,221
Other debtors 858,731 831,820
VAT 58,516 22,951
Prepayments and accrued income 18,361 10,914
1,738,691 1,912,609

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 3,365 3,365
Trade creditors 92,450 82,513
Amounts owed to group undertakings 2,612,709 2,201,735
Corporation tax 10,109 5,029
Other creditors 268,302 315,110
Directors' current accounts 644,159 644,519
Accruals and deferred income 29,302 19,323
3,670,396 3,281,594

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 11,667 291,017
Hire purchase contracts 16,315 19,679
27,982 310,696

10. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Hire purchase contracts 19,680 23,044

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
20,500 Ordinary £1 20,500 20,500

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

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

12. RESERVES
Other
reserve
£   
At 1 October 2023
and 30 September 2024 (15,394 )

13. CONTINGENT LIABILITIES

An unlimited intercompany composite guarantee by and between the company and Jaguar Estates Investments Limited, Jaguar Residential Limited, Jaguar Property Limited and Barnes Green Investments Limited. As at 30 September 2024 the balance due to the bank was £180,742 (2023: £186,771).

In addition, an omnibus guarantee set off arrangement is in place across the group comprising Jaguar Estates Investments Limited, Jaguar Estates Limited, Jaguar Residential Limited, Jaguar Property Limited and Barnes Green Investments Limited. As at 30 September 2024 the balance due was £1,240,907 (2023: £854,816)

14. RELATED PARTY DISCLOSURES

Group companies

30.09.24 30.09.23
£ £
Interest free loans to/from 363,318 678,484
Amounts due from group company 789,877 775,221
Amounts due to group company 2,612,709 2,201,735


Entities with control, joint control or significant influence over the entity

30.09.24 30.09.23
£ £
Interest free loans to/from 73,719 1,286,089
Amounts due from related party 858,731 831,820
Amounts due to related party 262,673 309,481

JAGUAR ESTATES LIMITED (REGISTERED NUMBER: 02190562)

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

15. ULTIMATE PARENT UNDERTAKING

The ultimate parent undertaking is Jaguar Estates Investments Limited.

The parent company's registered office address is;

201 High Street
Ecclesfield
Sheffield
S35 9XB