JS Partners Group Limited


Directors	Sherman, John Andrew
	Sherman, Suzanne Ruth


Registered Address	Willen Farm Holmbushes
	Leigh
	Sherborne
	DT9 6HU


Registered Number	09437517 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		1,356,508		867,863
Investments	4		200		200
			1,356,708		868,063
Current assets
Debtors	5	234,634		237,121
Cash at bank and on hand		54		632
		234,688		237,753
Creditors amounts falling due within one year	6	(113,529)		(161,324)
Net current assets (liabilities)			121,159		76,429
Total assets less current liabilities			1,477,867		944,492
Creditors amounts falling due after one year	7		(934,951)		(941,208)
Provisions for liabilities	8		(1,496)		(1,930)
Net assets			541,420		1,354
Capital and reserves
Called up share capital			800		800
Profit and loss account			540,620		554
Shareholders' funds			541,420		1,354

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 June 2025, and are signed on its behalf by:

Sherman, John Andrew
Director
Registered Company No. 09437517

JS Partners Group Limited

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Land and buildings - 2% on cost Plant and machinery etc - 25% on cost, 25% on reducing balance, 15% on reducing balance and 10% on cost

	Investments
	Investments in subsidiary undertakings are recognised at cost.

2.	Average number of employees
	The following average number of employees includes the directors.


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 January 24	987,790	55,964	1,043,754
Revaluations	512,674	-	512,674
At 31 December 24	1,500,464	55,964	1,556,428
Depreciation and impairment
At 01 January 24	130,708	45,183	175,891
Charge for year	19,756	4,273	24,029
At 31 December 24	150,464	49,456	199,920
Net book value
At 31 December 24	1,350,000	6,508	1,356,508
At 31 December 23	857,082	10,781	867,863


	If the properties had not been revalued, their cost would be £987,790 (2023: £987,790). The properties were valued on an open market basis on 31 December 2024 by the directors.

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 24	200	200
At 31 December 24	200	200
Net book value
At 31 December 24	200	200
At 31 December 23	200	200

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Amounts owed by group undertakings	43,600	43,192
Amounts owed by associates and joint ventures / participating interests	140,843	144,358
Other debtors	45,346	45,346
Prepayments and accrued income	4,845	4,225
Total	234,634	237,121


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	18,373	27,003
Bank borrowings and overdrafts	6,256	6,256
Amounts owed to related parties	75,537	76,098
Taxation and social security	8,150	1,556
Other creditors	1,000	46,346
Accrued liabilities and deferred income	4,213	4,065
Total	113,529	161,324


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	934,951	941,208
Total	934,951	941,208

8.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	1,496	1,930
Total	1,496	1,930

9.	Related party transactions
	During the period, the company had development work carried out by its wholly-owned subsidiary, this amounted to £6,543 (2023: £22,184).