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REGISTERED NUMBER: 02525904 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

J. K. E. HOLDINGS LIMITED

J. K. E. HOLDINGS LIMITED (REGISTERED NUMBER: 02525904)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J. K. E. HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTORS: Mrs J B Elmore
J J Elmore



SECRETARY: Mrs J B Elmore



REGISTERED OFFICE: Dorrington Farm
Rye Hill Road
Harlow
Essex
CM18 7JF



REGISTERED NUMBER: 02525904 (England and Wales)



ACCOUNTANTS: Barker Wilkinson Limited
19-21 Middle Row
Stevenage
Hertfordshire
SG1 3AW



BANKERS: HSBC Bank Plc
191 High Road
Loughton
Essex
IG10 4LN

J. K. E. HOLDINGS LIMITED (REGISTERED NUMBER: 02525904)

BALANCE SHEET
31ST AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,385 11,737
Investments 5 2 2
Investment property 6 653,906 653,906
662,293 665,645

CURRENT ASSETS
Debtors 7 196,436 196,642
Cash at bank 6,068 125,118
202,504 321,760
CREDITORS
Amounts falling due within one year 8 10,487 31,969
NET CURRENT ASSETS 192,017 289,791
TOTAL ASSETS LESS CURRENT
LIABILITIES

854,310

955,436

CREDITORS
Amounts falling due after more than one
year

9

332,520

332,520
NET ASSETS 521,790 622,916

CAPITAL AND RESERVES
Called up share capital 420,002 420,002
Retained earnings 101,788 202,914
SHAREHOLDERS' FUNDS 521,790 622,916

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

J. K. E. HOLDINGS LIMITED (REGISTERED NUMBER: 02525904)

BALANCE SHEET - continued
31ST AUGUST 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th April 2025 and were signed on its behalf by:




Mrs J B Elmore - Director



J J Elmore - Director


J. K. E. HOLDINGS LIMITED (REGISTERED NUMBER: 02525904)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

1. STATUTORY INFORMATION

J. K. E. Holdings 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.

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.

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date.

Since the year end the company has continued to meet all liabilities as they fall due and there are no indications that income is likely to be significantly reduced in the foreseeable future.

The company guarantees bank liabilities of its subsidiary. The directors are confident that the subsidiary's bankers will continue to support the subsidiary and that these guarantees will not be called upon in the foreseeable future.

Given the nature of the various assets and liabilities as at 31st August 2024, the directors do not believe that their carrying values have been impaired.

Based upon the above and current financial information the directors consider that the company is and can continue to be a going concern and therefore the financial statements for the year ended 31 August 2024 have been prepared on this basis.

Any adjustments that maybe necessary were the going concern basis not to be appropriate have, therefore, not been made when preparing the financial statements.

Preparation of consolidated financial statements
The financial statements contain information about J. K. E. Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key sources of estimation and uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

1. Investment Property

Investment property is stated at fair value based upon the directors' valuation at the balance sheet date.

J. K. E. HOLDINGS LIMITED (REGISTERED NUMBER: 02525904)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

2. ACCOUNTING POLICIES - continued

Income recognition
Revenue is recognised and included in the accounts as turnover measured at fair value of the consideration received or receivable, on the date services are supplied to customers, excluding discounts, rebates, value added and other sales taxes.

Income received from the rental of the company's investment property is accounted for as turnover on a receivable basis, excluding value added 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.
Plant and machinery etc - 25% on reducing balance, 20% on cost and Over the term of the lease

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

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.

The company's properties are held for investment purposes. Investment properties are shown at their most recent fair values. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement. Deferred taxation is provided on such gains at the tax rate expected to apply when properties are sold.

Under FRS 102 valuations as above are made under the fair value provisions of the Companies Act 2006 (CA 2006) and consequently the non-depreciation of investment properties is not a departure from the provisions of CA 2006.

The directors determine fair value by reference to current local market conditions and rental yields as appropriate.

Rents receivable from investment properties are credited to the income statement on a receivable basis.

Investment properties are first recognised in the financial statements once an irrevocable purchase contract has been entered into. A sale of an investment property is recorded once an irrevocable sales contract has been entered into, provided that the sale has been completed by the date the financial statements are approved by the Board.

Investment properties are treated as fixed asset investments until the date of sale.

Financial instruments
The directors consider all financial instruments to be basic financial instruments in accordance with paragraph 11 of FRS102. All basic financial instruments including other debtors, cash and cash equivalents, and trade and other creditors, are initially recognised at transaction price and thereafter stated at amortised cost.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

J. K. E. HOLDINGS LIMITED (REGISTERED NUMBER: 02525904)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st September 2023
and 31st August 2024 16,760
DEPRECIATION
At 1st September 2023 5,023
Charge for year 3,352
At 31st August 2024 8,375
NET BOOK VALUE
At 31st August 2024 8,385
At 31st August 2023 11,737


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st September 2023
and 31st August 2024 2
NET BOOK VALUE
At 31st August 2024 2
At 31st August 2023 2

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st September 2023
and 31st August 2024 653,906
NET BOOK VALUE
At 31st August 2024 653,906
At 31st August 2023 653,906

J. K. E. HOLDINGS LIMITED (REGISTERED NUMBER: 02525904)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

6. INVESTMENT PROPERTY - continued

The directors consider that the current fair value of the company's investment property is not materially different to that at which it is stated in the company's financial statements.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 475
Amounts owed by group undertakings 119,420 119,631
Other debtors 77,016 76,536
196,436 196,642

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,800 13,830
Taxation and social security - 4,149
Other creditors 8,687 13,990
10,487 31,969

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 332,520 332,520

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.