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REGISTERED NUMBER: 03971332 (England and Wales)















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: J R Davies
Mrs S J Davies





REGISTERED OFFICE: c/o W.R. Davies
Conwy Road
Llandudno Junction
Llandudno
Gwynedd
LL31 9BA





REGISTERED NUMBER: 03971332 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
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 47,792 47,792
Investments 6 758,745 939,021
806,537 986,813

CURRENT ASSETS
Debtors 7 387,298 612,298
Cash at bank 315,083 33,216
702,381 645,514
CREDITORS
Amounts falling due within one year 8 1,030,996 1,253,265
NET CURRENT LIABILITIES (328,615 ) (607,751 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

477,922

379,062

PROVISIONS FOR LIABILITIES 36,723 14,370
NET ASSETS 441,199 364,692

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 441,197 364,690
SHAREHOLDERS' FUNDS 441,199 364,692

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 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 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 21 May 2025 and were signed on its behalf by:





J R Davies - Director


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 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 January 2024
and 31 December 2024 47,792
NET BOOK VALUE
At 31 December 2024 47,792
At 31 December 2023 47,792

6. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 938,971 50 939,021
Additions 160,238 - 160,238
Disposals (374,704 ) - (374,704 )
Revaluations 34,190 - 34,190
At 31 December 2024 758,695 50 758,745
NET BOOK VALUE
At 31 December 2024 758,695 50 758,745
At 31 December 2023 938,971 50 939,021

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 387,298 612,298
387,298 612,298

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 1,021,774 1,021,744
Directors' current accounts 7,427 229,857
Accruals and deferred income 1,795 1,664
1,030,996 1,253,265

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:

20242023
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:

20242023
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.