| REGISTERED NUMBER: |
| J&J HOLDINGS GROUP LTD |
| Unaudited Financial Statements |
| for the Period 7 June 2023 to 30 June 2024 |
| REGISTERED NUMBER: |
| J&J HOLDINGS GROUP LTD |
| Unaudited Financial Statements |
| for the Period 7 June 2023 to 30 June 2024 |
| J&J HOLDINGS GROUP LTD (REGISTERED NUMBER: 14919788) |
| Contents of the Financial Statements |
| for the period 7 June 2023 to 30 June 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 | to | 4 |
| J&J HOLDINGS GROUP LTD |
| Company Information |
| for the period 7 June 2023 to 30 June 2024 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| CUBO Birmingham |
| 4th Floor |
| Two Chamberlain Square |
| Birmingham |
| West Midlands |
| B3 3AX |
| J&J HOLDINGS GROUP LTD (REGISTERED NUMBER: 14919788) |
| Balance Sheet |
| 30 June 2024 |
| Notes | £ | £ |
| Fixed assets |
| Investment property | 4 |
| Current assets |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 5 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year | 6 |
| Net assets |
| Capital and reserves |
| Called up share capital | 7 |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| J&J HOLDINGS GROUP LTD (REGISTERED NUMBER: 14919788) |
| Notes to the Financial Statements |
| for the period 7 June 2023 to 30 June 2024 |
| 1. | Statutory information |
| J&J Holdings Group Ltd is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Investment property |
| Investment properties are included at market value. All surpluses and deficits arising on valuation are taken directly to revaluation reserve except that any permanent diminution in the value of investment properties is taken to the profit and loss account for the year. No depreciation or amortisation is provided in respect of freehold investment properties. The treatment regarding the company`s investment properties may be a departure from the Companies Act concerning depreciation of fixed assets, however, the properties are not held for consumption but for the investment potential and the directors consider the systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. |
| Taxation |
| Taxation for the period 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 period 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. |
| 3. | Employees and directors |
| The average number of employees during the period was |
| 4. | Investment property |
| Total |
| £ |
| Fair value |
| Additions |
| At 30 June 2024 |
| Net book value |
| At 30 June 2024 |
| J&J HOLDINGS GROUP LTD (REGISTERED NUMBER: 14919788) |
| Notes to the Financial Statements - continued |
| for the period 7 June 2023 to 30 June 2024 |
| 5. | Creditors: amounts falling due within one year |
| £ |
| Tax |
| Accrued expenses |
| 6. | Creditors: amounts falling due after more than one year |
| £ |
| Amounts owed to associates | 1,126,386 |
| 7. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | 1 | 100 |
| 8. | Related party disclosures |
| At the balance sheet date, the company owed £1,126,386 to companies over which the directors have significant influence. |