IRIS Accounts Production v25.1.3.33 14119956 director 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141199562023-12-31141199562024-12-31141199562024-01-012024-12-31141199562022-12-31141199562023-01-012023-12-31141199562023-12-3114119956ns15:EnglandWales2024-01-012024-12-3114119956ns14:PoundSterling2024-01-012024-12-3114119956ns10:Director12024-01-012024-12-3114119956ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3114119956ns10:SmallEntities2024-01-012024-12-3114119956ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3114119956ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3114119956ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3114119956ns10:FullAccounts2024-01-012024-12-3114119956ns10:RegisteredOffice2024-01-012024-12-3114119956ns5:CurrentFinancialInstruments2024-12-3114119956ns5:CurrentFinancialInstruments2023-12-3114119956ns5:ShareCapital2024-12-3114119956ns5:ShareCapital2023-12-3114119956ns5:RetainedEarningsAccumulatedLosses2024-12-3114119956ns5:RetainedEarningsAccumulatedLosses2023-12-3114119956ns5:LandBuildingsns5:OwnedOrFreeholdAssets2024-01-012024-12-3114119956ns5:PlantMachinery2024-01-012024-12-3114119956ns5:LandBuildings2023-12-3114119956ns5:PlantMachinery2023-12-3114119956ns5:LandBuildings2024-01-012024-12-3114119956ns5:LandBuildings2024-12-3114119956ns5:PlantMachinery2024-12-3114119956ns5:LandBuildings2023-12-3114119956ns5:PlantMachinery2023-12-3114119956ns5:CostValuation2023-12-3114119956ns5:AdditionsToInvestments2024-12-3114119956ns5:CostValuation2024-12-3114119956ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3114119956ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 14119956 (England and Wales)

















JPN Holdings Ltd

Financial Statements for the Year Ended 31 December 2024






JPN Holdings Ltd (Registered number: 14119956)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JPN Holdings Ltd

Company Information
for the year ended 31 December 2024







DIRECTOR: Mr J P Northgraves





REGISTERED OFFICE: Apartment 3
Collison House
Trinity Lane
Beverley
East Yorkshire
HU17 0AR





REGISTERED NUMBER: 14119956 (England and Wales)





ACCOUNTANTS: Southgates
Chartered Certified Accountants
9 Market Place
Hedon
East Yorkshire
HU12 8JA

JPN Holdings Ltd (Registered number: 14119956)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 627,635 644,360
Investments 5 175 1
627,810 644,361

CURRENT ASSETS
Debtors 6 36,809 25,001
Cash at bank and in hand 1,947 3,648
38,756 28,649
CREDITORS
Amounts falling due within one year 7 703,419 692,208
NET CURRENT LIABILITIES (664,663 ) (663,559 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(36,853

)

(19,198

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (36,854 ) (19,199 )
SHAREHOLDERS' FUNDS (36,853 ) (19,198 )

JPN Holdings Ltd (Registered number: 14119956)

Balance Sheet - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2025 and were signed by:





Mr J P Northgraves - Director


JPN Holdings Ltd (Registered number: 14119956)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

JPN Holdings 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 1 (2023 - 1 ) .

JPN Holdings Ltd (Registered number: 14119956)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 650,395 26,435 676,830
DEPRECIATION
At 1 January 2024 20,904 11,566 32,470
Charge for year 13,008 3,717 16,725
At 31 December 2024 33,912 15,283 49,195
NET BOOK VALUE
At 31 December 2024 616,483 11,152 627,635
At 31 December 2023 629,491 14,869 644,360

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024 1
Additions 174
At 31 December 2024 175
NET BOOK VALUE
At 31 December 2024 175
At 31 December 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 25,000
Amounts owed by associates 11,809 -
Other debtors - 1
Loan 25,000 -
36,809 25,001

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 681,142 681,142
Amounts owed to associates - 4,672
Tax 105 2,585
VAT 721 1,357
Other creditors - 1
Directors' current accounts 21,451 2,451
703,419 692,208

JPN Holdings Ltd (Registered number: 14119956)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

8. GOING CONCERN

At the balance sheet date the company had negative shareholders funds of £36,853. The ability of the company to continue as a going concern is dependant on the continued support of the director and other creditors. There is no indication that this will not continue in the future.