2024-01-012025-04-302025-04-30false07035616J H Financial Ltd2025-05-0664999falseiso4217:GBPxbrli:pure070356162024-01-01070356162025-04-30070356162024-01-012025-04-30070356162023-01-01070356162023-12-31070356162023-01-012023-12-3107035616bus:SmallEntities2024-01-012025-04-3007035616bus:AuditExempt-NoAccountantsReport2024-01-012025-04-3007035616bus:FullAccounts2024-01-012025-04-3007035616bus:PrivateLimitedCompanyLtd2024-01-012025-04-3007035616core:WithinOneYear2025-04-3007035616core:AfterOneYear2025-04-3007035616core:WithinOneYear2023-12-3107035616core:AfterOneYear2023-12-3107035616core:ShareCapital2025-04-3007035616core:SharePremium2025-04-3007035616core:RevaluationReserve2025-04-3007035616core:OtherReservesSubtotal2025-04-3007035616core:RetainedEarningsAccumulatedLosses2025-04-3007035616core:ShareCapital2023-12-3107035616core:SharePremium2023-12-3107035616core:RevaluationReserve2023-12-3107035616core:OtherReservesSubtotal2023-12-3107035616core:RetainedEarningsAccumulatedLosses2023-12-3107035616core:LandBuildings2025-04-3007035616core:PlantMachinery2025-04-3007035616core:Vehicles2025-04-3007035616core:FurnitureFittings2025-04-3007035616core:OfficeEquipment2025-04-3007035616core:NetGoodwill2025-04-3007035616core:IntangibleAssetsOtherThanGoodwill2025-04-3007035616core:ListedExchangeTraded2025-04-3007035616core:UnlistedNon-exchangeTraded2025-04-3007035616core:LandBuildings2023-12-3107035616core:PlantMachinery2023-12-3107035616core:Vehicles2023-12-3107035616core:FurnitureFittings2023-12-3107035616core:OfficeEquipment2023-12-3107035616core:NetGoodwill2023-12-3107035616core:IntangibleAssetsOtherThanGoodwill2023-12-3107035616core:ListedExchangeTraded2023-12-3107035616core:UnlistedNon-exchangeTraded2023-12-3107035616core:LandBuildings2024-01-012025-04-3007035616core:PlantMachinery2024-01-012025-04-3007035616core:Vehicles2024-01-012025-04-3007035616core:FurnitureFittings2024-01-012025-04-3007035616core:OfficeEquipment2024-01-012025-04-3007035616core:NetGoodwill2024-01-012025-04-3007035616core:IntangibleAssetsOtherThanGoodwill2024-01-012025-04-3007035616core:ListedExchangeTraded2024-01-012025-04-3007035616core:UnlistedNon-exchangeTraded2024-01-012025-04-3007035616core:MoreThanFiveYears2024-01-012025-04-3007035616core:Non-currentFinancialInstruments2025-04-3007035616core:Non-currentFinancialInstruments2023-12-3107035616dpl:CostSales2024-01-012025-04-3007035616dpl:DistributionCosts2024-01-012025-04-3007035616core:LandBuildings2024-01-012025-04-3007035616core:PlantMachinery2024-01-012025-04-3007035616core:Vehicles2024-01-012025-04-3007035616core:FurnitureFittings2024-01-012025-04-3007035616core:OfficeEquipment2024-01-012025-04-3007035616dpl:AdministrativeExpenses2024-01-012025-04-3007035616core:NetGoodwill2024-01-012025-04-3007035616core:IntangibleAssetsOtherThanGoodwill2024-01-012025-04-3007035616dpl:GroupUndertakings2024-01-012025-04-3007035616dpl:ParticipatingInterests2024-01-012025-04-3007035616dpl:GroupUndertakingscore:ListedExchangeTraded2024-01-012025-04-3007035616core:ListedExchangeTraded2024-01-012025-04-3007035616dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-01-012025-04-3007035616core:UnlistedNon-exchangeTraded2024-01-012025-04-3007035616dpl:CostSales2023-01-012023-12-3107035616dpl:DistributionCosts2023-01-012023-12-3107035616core:LandBuildings2023-01-012023-12-3107035616core:PlantMachinery2023-01-012023-12-3107035616core:Vehicles2023-01-012023-12-3107035616core:FurnitureFittings2023-01-012023-12-3107035616core:OfficeEquipment2023-01-012023-12-3107035616dpl:AdministrativeExpenses2023-01-012023-12-3107035616core:NetGoodwill2023-01-012023-12-3107035616core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3107035616dpl:GroupUndertakings2023-01-012023-12-3107035616dpl:ParticipatingInterests2023-01-012023-12-3107035616dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3107035616core:ListedExchangeTraded2023-01-012023-12-3107035616dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3107035616core:UnlistedNon-exchangeTraded2023-01-012023-12-3107035616core:NetGoodwill2025-04-3007035616core:IntangibleAssetsOtherThanGoodwill2025-04-3007035616core:LandBuildings2025-04-3007035616core:PlantMachinery2025-04-3007035616core:Vehicles2025-04-3007035616core:FurnitureFittings2025-04-3007035616core:OfficeEquipment2025-04-3007035616core:AfterOneYear2025-04-3007035616core:WithinOneYear2025-04-3007035616core:ListedExchangeTraded2025-04-3007035616core:UnlistedNon-exchangeTraded2025-04-3007035616core:ShareCapital2025-04-3007035616core:SharePremium2025-04-3007035616core:RevaluationReserve2025-04-3007035616core:OtherReservesSubtotal2025-04-3007035616core:RetainedEarningsAccumulatedLosses2025-04-3007035616core:NetGoodwill2023-12-3107035616core:IntangibleAssetsOtherThanGoodwill2023-12-3107035616core:LandBuildings2023-12-3107035616core:PlantMachinery2023-12-3107035616core:Vehicles2023-12-3107035616core:FurnitureFittings2023-12-3107035616core:OfficeEquipment2023-12-3107035616core:AfterOneYear2023-12-3107035616core:WithinOneYear2023-12-3107035616core:ListedExchangeTraded2023-12-3107035616core:UnlistedNon-exchangeTraded2023-12-3107035616core:ShareCapital2023-12-3107035616core:SharePremium2023-12-3107035616core:RevaluationReserve2023-12-3107035616core:OtherReservesSubtotal2023-12-3107035616core:RetainedEarningsAccumulatedLosses2023-12-3107035616core:NetGoodwill2023-01-0107035616core:IntangibleAssetsOtherThanGoodwill2023-01-0107035616core:LandBuildings2023-01-0107035616core:PlantMachinery2023-01-0107035616core:Vehicles2023-01-0107035616core:FurnitureFittings2023-01-0107035616core:OfficeEquipment2023-01-0107035616core:AfterOneYear2023-01-0107035616core:WithinOneYear2023-01-0107035616core:ListedExchangeTraded2023-01-0107035616core:UnlistedNon-exchangeTraded2023-01-0107035616core:ShareCapital2023-01-0107035616core:SharePremium2023-01-0107035616core:RevaluationReserve2023-01-0107035616core:OtherReservesSubtotal2023-01-0107035616core:RetainedEarningsAccumulatedLosses2023-01-0107035616core:AfterOneYear2024-01-012025-04-3007035616core:WithinOneYear2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:CostValuation2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-012025-04-3007035616core:Non-currentFinancialInstrumentscore:CostValuation2025-04-3007035616core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2025-04-3007035616core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3107035616core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3107035616core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3107035616core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3107035616core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3107035616core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3107035616core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3107035616core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3107035616core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3107035616bus:Director12024-01-012025-04-30

J H Financial Ltd

Registered Number
07035616
(England and Wales)

Unaudited Financial Statements for the Period ended
30 April 2025

J H Financial Ltd
Company Information
for the period from 1 January 2024 to 30 April 2025

Director

James Hallam

Registered Address

37 Graythwaite
Chester Le Street
DH2 2UH

Registered Number

07035616 (England and Wales)
J H Financial Ltd
Statement of Financial Position
30 April 2025

Notes

30 Apr 2025

31 Dec 2023

£

£

£

£

Current assets
Debtors364,000450,099
Cash at bank and on hand3,5753,450
67,575453,549
Creditors amounts falling due within one year4(42,899)(119,346)
Net current assets (liabilities)24,676334,203
Total assets less current liabilities24,676334,203
Creditors amounts falling due after one year5-(10,000)
Net assets24,676324,203
Capital and reserves
Called up share capital100100
Profit and loss account24,576324,103
Shareholders' funds24,676324,203
The financial statements were approved and authorised for issue by the Director on 6 May 2025, and are signed on its behalf by:
James Hallam
Director
Registered Company No. 07035616
J H Financial Ltd
Notes to the Financial Statements
for the period ended 30 April 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Judgements and key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20252023
Average number of employees during the year11
3.Debtors: amounts due within one year

2025

2023

££
Other debtors64,000450,099
Total64,000450,099
4.Creditors: amounts due within one year

2025

2023

££
Taxation and social security-117,946
Other creditors41,099-
Accrued liabilities and deferred income1,8001,400
Total42,899119,346
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2025

2023

££
Other creditors-10,000
Total-10,000
6.Directors advances, credits and guarantees
Included within other debtors falling due within one year is £Nil (2023 - £449,939) being the amount owed by the director. Net amounts repaid during the year were £449,939. These amounts were both repaid within nine months of the financial year. The loans where charged the official rate of interest were applicable and were repayable on demand.
7.Related party transactions
Mr Hallam has lent the company £10,000 to secure FSA authorisation, this loan is subordinated. As the company has now ceased to trade the £10,000 has been paid back to the director in this period.