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Registration number: 15767486

J Warne Holdings Limited

Unaudited Filleted Financial Statements

for the Period from 7 June 2024 to 31 March 2025

 

J Warne Holdings Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

J Warne Holdings Limited

(Registration number: 15767486)
Statement of Financial Position as at 31 March 2025

Note

2025
£

Fixed assets

 

Investments

4

376,880

Current assets

 

Debtors

5

18,120

Creditors: Amounts falling due within one year

6

(180,480)

Net current liabilities

 

(162,360)

Net assets

 

214,520

Capital and reserves

 

Called up share capital

1

Share premium reserve

124,999

Profit and loss account

89,520

Shareholders' funds

 

214,520

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 3 June 2025
 


Mr J T Warne
Director

 

J Warne Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
40 Valley Road
Plymouth
Devon
PL7 1RF

Principal activity

The principal activity of the company is that of a holding company.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the entity.

Group accounts not prepared

This company is a parent company of a small group and hence is exempt from preparing group accounts. These accounts only show the results of this company and not the group..

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.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises dividends received from its subsidiary.

 

J Warne Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 31 March 2025 (continued)

2

Accounting policies (continued)

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes 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.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Investments

2025
£

Investments in subsidiaries

376,880

Subsidiaries

£

Cost or valuation

Additions

376,880

Provision

Carrying amount

At 31 March 2025

376,880

 

J Warne Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 31 March 2025 (continued)

4

Investments (continued)

5

Debtors

Note

2025
£

Amounts owed by related parties

8

18,120

 

18,120

6

Creditors

Creditors: amounts falling due within one year

2025
£

Due within one year

Accruals and deferred income

480

Other creditors

180,000

180,480

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

8

Related party transactions

Summary of transactions with subsidiaries

The company acquired all the share capital of The Starter Motor & Alternator Co Ltd in the year.

Loans to related parties

2025

Subsidiary
£

Total
£

Advanced

100,000

100,000

Repaid

(81,880)

(81,880)

At end of period

18,120

18,120