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REGISTERED NUMBER: 12889662 (England and Wales)












JLVC Limited

Unaudited Financial Statements for the Year Ended 30 September 2024






JLVC Limited (Registered number: 12889662)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JLVC Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mrs L Lunny
J N Lunny





REGISTERED OFFICE: 13 Vansittart Estate
Windsor
Berkshire
SL4 1SE





REGISTERED NUMBER: 12889662 (England and Wales)





ACCOUNTANTS: Cottrill Mason Ltd
13 Vansittart Estate
Windsor
Berkshire
SL4 1SE

JLVC Limited (Registered number: 12889662)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 102,934 231,453
Investments 5 987,156 987,156
1,090,090 1,218,609

CURRENT ASSETS
Debtors 6 2,688,644 2,208,707
Cash at bank 283 13,521
2,688,927 2,222,228
CREDITORS
Amounts falling due within one year 7 (2,378,115 ) (2,656,713 )
NET CURRENT ASSETS/(LIABILITIES) 310,812 (434,485 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,400,902

784,124

CREDITORS
Amounts falling due after more than one
year

8

(96,866

)

(113,983

)
NET ASSETS 1,304,036 670,141

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,303,936 670,041
1,304,036 670,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

JLVC Limited (Registered number: 12889662)

Balance Sheet - continued
30 September 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 7 October 2024 and were signed on its behalf by:




J N Lunny - Director



Mrs L Lunny - Director


JLVC Limited (Registered number: 12889662)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

JLVC 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

JLVC Limited (Registered number: 12889662)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 361,794
Additions 360
Disposals (157,316 )
At 30 September 2024 204,838
DEPRECIATION
At 1 October 2023 130,341
Charge for year 50,221
Eliminated on disposal (78,658 )
At 30 September 2024 101,904
NET BOOK VALUE
At 30 September 2024 102,934
At 30 September 2023 231,453

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 987,156
NET BOOK VALUE
At 30 September 2024 987,156
At 30 September 2023 987,156

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 48,000 -
Other debtors 2,640,644 2,208,707
2,688,644 2,208,707

Included under 'other debtors' of £2,640,644 are balances owed by Everrati Assets Ltd - £867,689, Everrati Automotive Ltd - £61,645, Hidden Strength Ltd - £1,546,309.65, Everrati Group Ltd - £150,000.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 17,117 22,823
Taxation and social security 5,374 8,627
Other creditors 2,355,624 2,625,263
2,378,115 2,656,713

Included under 'other creditors' of £2,355,624 are balances owed to Adnumero Limited - £699,999 and Midsummer Capital Limited - £200,000.

JLVC Limited (Registered number: 12889662)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 96,866 113,983

9. RELATED PARTY DISCLOSURES

Everrati Group Limited

Justin Lunny and JLVC Limited are shareholders of Everrati Group Ltd. £987,156 has been invested by JLVC Limited in to Everrati Group Limited.

Metal Strategies Limited

Justin Lunny and JLVC Limited are shareholders of Everrati Group Ltd. £1 has been invested by JLVC Limited in to Metal Strategies Limited.

During the period the company supplied consultancy services on a commercial basis to Hidden Strength Holdings Limited , a company under the control of Mrs Lunny , one of the directors.

10. ULTIMATE CONTROLLING PARTY

The company was under the joint control of both directors throughout the period under review.