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REGISTERED NUMBER: 12265726 (England and Wales)







FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

JACKHO PROPCO LTD

JACKHO PROPCO LTD (REGISTERED NUMBER: 12265726)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JACKHO PROPCO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: J A Harris
A M Kelly





REGISTERED OFFICE: Synergy Packaging
Shelton Road
Corby
Northamptonshire
NN17 5XH





REGISTERED NUMBER: 12265726 (England and Wales)





AUDITORS: Bewers Turner & Co LLP
Chartered Accountants & Statutory Auditor
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

JACKHO PROPCO LTD (REGISTERED NUMBER: 12265726)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,108,898 1,122,920

CURRENT ASSETS
Cash at bank 4,410 8,242

CREDITORS
Amounts falling due within one year 5 525,113 581,046
NET CURRENT LIABILITIES (520,703 ) (572,804 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

588,195

550,116

CREDITORS
Amounts falling due after more than one
year

6

325,807

341,449
NET ASSETS 262,388 208,667

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 262,288 208,567
SHAREHOLDERS' FUNDS 262,388 208,667

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 25th June 2025 and were signed on its behalf by:





J A Harris - Director


JACKHO PROPCO LTD (REGISTERED NUMBER: 12265726)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


1. STATUTORY INFORMATION

Jackho Propco Ltd 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.

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


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.

The financial statements have been prepared on a going concern basis not withstanding that at 30th September 2024 the company had net current liabilities of £520,703. The directors believe this basis to be appropriate and have agreed to provide funds as necessary to meet the day to day running costs of the business for the foreseeable future.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Freehold property - 2% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors, and bank loans. Instruments such as trade debtors and creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

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.


JACKHO PROPCO LTD (REGISTERED NUMBER: 12265726)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st October 2023
and 30th September 2024 1,168,491
DEPRECIATION
At 1st October 2023 45,571
Charge for year 14,022
At 30th September 2024 59,593
NET BOOK VALUE
At 30th September 2024 1,108,898
At 30th September 2023 1,122,920

The freehold property is pledged as security for the company's bank loans

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,037 16,357
Amounts owed to group undertakings 485,515 543,955
Taxation and social security 22,561 20,734
525,113 581,046

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 325,807 341,449

JACKHO PROPCO LTD (REGISTERED NUMBER: 12265726)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalment 251,965 270,455
251,965 270,455

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 342,844 357,806

The bank has a fixed charge over the fixed assets of the company.

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Lorraine Sturdy ACA FCCA (Senior Statutory Auditor)
for and on behalf of Bewers Turner & Co LLP

9. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J A Harris.

The ultimate parent company is Jackho Limited, a company registered in England & Wales.

Jackho Limited is the largest (and smallest) company for which consolidated accounts for the group
are drawn up of which the company is a member.