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REGISTERED NUMBER: 03442573 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

JAGUAR RESIDENTIAL LIMITED

JAGUAR RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)






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 RESIDENTIAL 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
South Yorkshire
S35 9XB



REGISTERED NUMBER: 03442573 (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 RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 57,685 63,949
Investment property 5 310,000 310,000
367,685 373,949

CURRENT ASSETS
Stocks 6 994,355 1,592,296
Debtors 7 2,538,758 2,410,388
Cash at bank 397,617 24,657
3,930,730 4,027,341
CREDITORS
Amounts falling due within one year 8 1,305,750 1,243,314
NET CURRENT ASSETS 2,624,980 2,784,027
TOTAL ASSETS LESS CURRENT LIABILITIES 2,992,665 3,157,976

CREDITORS
Amounts falling due after more than one
year

9

11,707

21,707
NET ASSETS 2,980,958 3,136,269

CAPITAL AND RESERVES
Called up share capital 10 135 135
Retained earnings 2,980,823 3,136,134
SHAREHOLDERS' FUNDS 2,980,958 3,136,269

JAGUAR RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

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 RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

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

1. STATUTORY INFORMATION

Jaguar Residential 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.

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 obligation 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 the work performed.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Leasehold property improvements - 5% straight line.
Fixtures, fittings & equipment - 25% reducing balance.

JAGUAR RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

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

2. ACCOUNTING POLICIES - continued

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Stock and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving stock. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provisions are made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

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.

JAGUAR RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Leasehold Fixtures
property and
improvements fittings Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 111,141 50,621 161,762
DEPRECIATION
At 1 October 2023 50,013 47,800 97,813
Charge for year 5,557 707 6,264
At 30 September 2024 55,570 48,507 104,077
NET BOOK VALUE
At 30 September 2024 55,571 2,114 57,685
At 30 September 2023 61,128 2,821 63,949

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 310,000
NET BOOK VALUE
At 30 September 2024 310,000
At 30 September 2023 310,000

The directors are not aware of any material change in the fair value of the property.

JAGUAR RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

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

6. STOCKS
30.9.24 30.9.23
£    £   
Land and work in progress 994,355 1,592,296

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 13,466 13,717
Amounts owed by group undertakings 1,973,075 1,916,569
Other debtors 458,790 471,289
VAT - 8,312
Prepayments and accrued income 93,427 501
2,538,758 2,410,388

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 9,960 9,960
Trade creditors 45,621 47,352
Amounts owed to group undertakings 1,143,040 1,030,540
Corporation tax 224 23,245
VAT 3,351 -
Other creditors 45,334 54,389
Directors' current accounts 29,127 36,934
Accruals and deferred income 29,093 40,894
1,305,750 1,243,314

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 9,960 9,960
Bank loans 1,747 11,747
11,707 21,707

JAGUAR RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

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

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
135 Ordinarry £1 135 135

11. CONTINGENT LIABILITIES

There is an unlimited intercompany composite guarantee by and between the company and Jaguar Estates Investments Limited, Jaguar Estates 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)

12. RELATED PARTY DISCLOSURES

Group companies

30.09.24 30.09.23
£ £
Interest free loans to/from 55,994 683,757
Amounts due from group company 1,973,075 1,916,569
Amounts due to group company 1,143,040 1,030,540


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

30.09.24 30.09.23
£ £
Interest free loans to/from 3,444 138,569
Amounts due from related party 458,790 471,289
Amounts due to related party 45,334 54,389

JAGUAR RESIDENTIAL LIMITED (REGISTERED NUMBER: 03442573)

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

13. ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Jaguar Estates Investments Limited.

The parent company's registered office address is;

201 High Street
Ecclesfield
Sheffield
S35 9XB