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REGISTERED NUMBER: 04961229 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Jodan Investments Limited

Jodan Investments Limited (Registered number: 04961229)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


Jodan Investments Limited (Registered number: 04961229)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 269,535 281,209
Investments 7 100 100
269,635 281,309

Current assets
Stocks 107,430 103,121
Debtors 8 442,529 432,943
Cash at bank and in hand 232,991 284,350
782,950 820,414
Creditors
Amounts falling due within one year 9 (242,802 ) (283,831 )
Net current assets 540,148 536,583
Total assets less current liabilities 809,783 817,892

Creditors
Amounts falling due after more than one
year

10

(40,522

)

(46,707

)

Provisions for liabilities (23,858 ) (26,264 )
Net assets 745,403 744,921

Jodan Investments Limited (Registered number: 04961229)

Balance Sheet - continued
31 December 2024

31.12.24 31.12.23
Notes £ £
Capital and reserves
Called up share capital 12 130 130
Revaluation reserve 13 72,206 72,206
Retained earnings 673,067 672,585
Shareholders' funds 745,403 744,921

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.

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 27 May 2025 and were signed on its behalf by:




Mr B Manning - Director Mr M J Cook - Director




Mr J Overson - Director


Jodan Investments Limited (Registered number: 04961229)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. Statutory information

Jodan Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04961229

Registered office: 214 Main Road
West Winch
King's Lynn
Norfolk
PE33 0NP

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Jodan Investments Limited (Registered number: 04961229)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


3. Accounting policies - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 1% on cost
Plant and machinery - 15% p.a. reducing balance
Fixtures and fittings - 15% p.a. reducing balance
Motor vehicles - 25% p.a. reducing balance
Computer equipment - 20% p.a. reducing balance

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items. Net realisable value is calculated at the lower of cost or selling price less cost to complete.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.


Jodan Investments Limited (Registered number: 04961229)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


3. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Employees and directors

The average number of employees during the year was 14 (2023 - 15 ) .

Jodan Investments Limited (Registered number: 04961229)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. Intangible fixed assets
Goodwill
£
Cost
At 1 January 2024
and 31 December 2024 197,500
Amortisation
At 1 January 2024
and 31 December 2024 197,500
Net book value
At 31 December 2024 -
At 31 December 2023 -

6. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
Cost or valuation
At 1 January 2024 196,680 23,482 35,346
Additions - - 6,120
At 31 December 2024 196,680 23,482 41,466
Depreciation
At 1 January 2024 20,614 17,697 19,619
Charge for year 1,967 868 3,277
At 31 December 2024 22,581 18,565 22,896
Net book value
At 31 December 2024 174,099 4,917 18,570
At 31 December 2023 176,066 5,785 15,727

Jodan Investments Limited (Registered number: 04961229)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


6. Tangible fixed assets - continued

Motor Computer
vehicles equipment Totals
£ £ £
Cost or valuation
At 1 January 2024 143,348 20,152 419,008
Additions - 1,739 7,859
At 31 December 2024 143,348 21,891 426,867
Depreciation
At 1 January 2024 67,170 12,699 137,799
Charge for year 11,776 1,645 19,533
At 31 December 2024 78,946 14,344 157,332
Net book value
At 31 December 2024 64,402 7,547 269,535
At 31 December 2023 76,178 7,453 281,209

Cost or valuation at 31 December 2024 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
Valuation in 2018 27,643 - -
Valuation in 2021 44,563 - -
Valuation in 2023 124,474 - -
Cost - 23,482 41,466
196,680 23,482 41,466

Motor Computer
vehicles equipment Totals
£ £ £
Valuation in 2018 - - 27,643
Valuation in 2021 - - 44,563
Valuation in 2023 - - 124,474
Cost 143,348 21,891 230,187
143,348 21,891 426,867

Jodan Investments Limited (Registered number: 04961229)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


6. Tangible fixed assets - continued

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£ £
Cost 124,474 124,474
Aggregate depreciation 19,585 17,095

Value of land in freehold land and buildings 104,889 107,379

Freehold land and buildings were valued on an open market basis on 31 December 2024 by the directors .

7. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 January 2024
and 31 December 2024 100
Net book value
At 31 December 2024 100
At 31 December 2023 100

8. Debtors: amounts falling due within one year
31.12.24 31.12.23
£ £
Trade debtors 26,862 17,629
Other debtors 415,667 415,314
442,529 432,943

9. Creditors: amounts falling due within one year
31.12.24 31.12.23
£ £
Bank loans and overdrafts 6,335 6,335
Trade creditors 76,343 118,693
Taxation and social security 83,987 61,328
Other creditors 76,137 97,475
242,802 283,831

Jodan Investments Limited (Registered number: 04961229)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


10. Creditors: amounts falling due after more than one year
31.12.24 31.12.23
£ £
Bank loans 40,522 46,707

11. Secured debts

The following secured debts are included within creditors:

31.12.24 31.12.23
£ £
Bank loans 46,857 53,042

The bank holds charges over the premises at 58 Bergen Way, North Lynn Industrial estate, Kings Lynn, Norfolk. The aggregate liability included within creditors under one year over which security is held is £6,335 (2023: £6,335).

The aggregate liability included within creditors over one year over which security is held is £40,522 (2023: £46,707).

The aggregate liability included within creditors over five years over which security is held is £8,974 (2023: £15,309).

The bank loan is repayable in monthly instalments, with the final repayment of the loan, interest and any other amounts outstanding to be made in 2030. Interest on the loan is charged at 3.14% per annum over the Bank's Sterling Base Rate.

12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £ £
1,000 Ordinary A 1 100 100
1,000 Ordinary B 1 30 30
130 130

13. Reserves
Revaluation
reserve
£
At 1 January 2024
and 31 December 2024 72,206

Profit and loss account - This reserve records distributable retained earnings and accumulated losses.