| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 |
| FOR |
| JJRA INVESTMENTS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 |
| FOR |
| JJRA INVESTMENTS LIMITED |
| JJRA INVESTMENTS LIMITED (REGISTERED NUMBER: 03971332) |
| 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 |
| JJRA INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Kingsland House |
| 39 Abbey Foregate |
| Shrewsbury |
| Shropshire |
| SY2 6BL |
| JJRA INVESTMENTS LIMITED (REGISTERED NUMBER: 03971332) |
| BALANCE SHEET |
| 31 DECEMBER 2024 |
| 31.12.24 | 31.12.23 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| JJRA INVESTMENTS LIMITED (REGISTERED NUMBER: 03971332) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| JJRA INVESTMENTS LIMITED (REGISTERED NUMBER: 03971332) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| JJRA Investments Limited is a |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the balance sheet date the company had net current liabilities of £328,615 (2023 £607,751). The directors have confirmed that they will continue to provide financial assistance to the company and therefore the accounts have been prepared on a going concern basis. |
| The financial statements are for the individual entity only. |
| The financial statements are presented in sterling (£), rounded to the nearest £1. |
| Tangible fixed assets |
| Tangible fixed assets relates to investment property and is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Financial instruments |
| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. |
| Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss. |
| Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party. |
| Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost. |
| Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. |
| 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. |
| JJRA INVESTMENTS LIMITED (REGISTERED NUMBER: 03971332) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 3. | ACCOUNTING POLICIES - continued |
| 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. |
| Fixed asset investments |
| Listed investments are included at fair value. Changes in fair value are recognised in the income statement. The fair value is based on the mid-market value at the balance sheet date, as given in the portfolio valuation provided by Dragon Investment managers, which is based on Stock Exchange values. Provision is made for impairment of listed investments where there is considered to be a permanent diminution in value Investments are listed on either the UK stock exchange, AIM or non-UK stock exchanges. |
| Unlisted investments are measured at cost less impairment, as fair values cannot be reliably estimated. Appropriate provision is made, where applicable, for impairment of unlisted investments at the balance sheet date. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Freehold |
| property |
| £ |
| COST |
| At 1 January 2024 |
| and 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| 6. | FIXED ASSET INVESTMENTS |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2024 | 939,021 |
| Additions | 160,238 |
| Disposals | ( |
) | (374,704 | ) |
| Revaluations | 34,190 |
| At 31 December 2024 | 758,745 |
| NET BOOK VALUE |
| At 31 December 2024 | 758,745 |
| At 31 December 2023 | 939,021 |
| JJRA INVESTMENTS LIMITED (REGISTERED NUMBER: 03971332) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 6. | FIXED ASSET INVESTMENTS - continued |
| Cost or valuation at 31 December 2024 is represented by: |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| Valuation in 2019 | 30,117 | - | 30,117 |
| Valuation in 2020 | 93,015 | - | 93,015 |
| Valuation in 2021 | 7,993 | - | 7,993 |
| Valuation in 2022 | (128,191 | ) | - | (128,191 | ) |
| Valuation in 2023 | 106,740 | - | 106,740 |
| Valuation in 2024 | 34,190 | - | 34,190 |
| Cost | 614,831 | 50 | 614,881 |
| 758,695 | 50 | 758,745 |
| 7. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Amounts owed by associated |
| company |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Other creditors |
| Directors' current accounts |
| Accruals and deferred income |
| JJRA INVESTMENTS LIMITED (REGISTERED NUMBER: 03971332) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The director, J R Davies Esq is also a director and the controlling party of W R Davies (Motors) Limited. |
| Included within creditors are the following balances due to related parties, in respect of loans received in prior years: |
| 2024 | 2023 |
| Due within one year: | £ | £ |
| W R Davies (Motors) Limited | £1,021,775 | £1,021,745 |
| Interest payable includes £Nil (2023: £Nil) due to W R Davies (Motors) Limited. |
| Included within creditors is a balance of £7,457 (2023: £229,857) due to the directors. |
| Included within debtors are the following balances due from related parties, in respect of loans advanced in prior years: |
| 2024 | 2023 |
| Due after one year: |
| Mytton Mill Developments Limited | £387,298 | £612,298 |
| Interest receivable includes £Nil (2023: £Nil) due from Mytton Mill Developments Limited. JJRA Investments Limited owns 50% of the ordinary share capital of Mytton Mill Developments Limited. |