Registered number: 04304877
J & A YOUNG (HOLDINGS) LIMITED
Unaudited
Annual Report and Financial Statements
For the Year Ended 30 September 2024
|
J & A YOUNG (HOLDINGS) LIMITED
Company Information
|
J & A YOUNG (HOLDINGS) LIMITED
Contents
|
|
|
|
|
|
|
|
|
|
|
|
Notes to the Financial Statements
|
|
|
J & A YOUNG (HOLDINGS) LIMITED
Strategic Report
For the Year Ended 30 September 2024
The company is a dormant intermediate holding company within a large group and therefore is itself exempt from audit but is required to deliver a strategic report.
As the company is dormant there is no further reference included with regards strategy, S172 or SECR requirements but details can be found within the financial statements of the ultimate parent company J & A Young Group Limited.
This report was approved by the board and signed on its behalf.
................................................
J R A Young
Director
|
|
|
Page 1
|
J & A YOUNG (HOLDINGS) LIMITED
Directors' Report
For the Year Ended 30 September 2024
The directors present their report and the financial statements for the year ended 30 September 2024.
The directors who served during the year were:
Post balance sheet events
|
There have been no significant events affecting the Company since the year end.
This report was approved by the board and signed on its behalf.
................................................
J R A Young
Director
|
|
|
Page 2
|
J & A YOUNG (HOLDINGS) LIMITED
Chartered Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of J & A Young (Holdings) Limited for the Year Ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J & A Young (Holdings) Limited for the year ended 30 September 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.
This report is made solely to the Board of Directors of J & A Young (Holdings) Limited, as a body, in accordance with the terms of our engagement letter dated 28 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of J & A Young (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of J & A Young (Holdings) Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J & A Young (Holdings) Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that J & A Young (Holdings) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of J & A Young (Holdings) Limited. You consider that J & A Young (Holdings) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or review of the financial statements of J & A Young (Holdings) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
PKF Smith Cooper Limited
Chartered Accountants
2 Lace Market Square
Nottingham
NG1 1PB
27 June 2025
Page 3
|
J & A YOUNG (HOLDINGS) LIMITED
Profit and Loss Account
For the Year Ended 30 September 2024
The Company has not traded during the year or the preceding financial year. During these periods, the Company received no income and incurred no expenditure and therefore made neither a profit or loss.
|
Page 4
|
J & A YOUNG (HOLDINGS) LIMITED
Registered number: 04304877
Balance Sheet
As at 30 September 2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year
|
|
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended 30 September 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................
J R A Young
|
|
|
|
The notes on pages 6 to 7 form part of these financial statements.
Page 5
|
J & A YOUNG (HOLDINGS) LIMITED
Notes to the Financial Statements
For the Year Ended 30 September 2024
J & A Young (Holdings) Limited (the "Company") is a private company limited by shares and incorporated and domiciled in the UK. The registered number is 04304877 and the registered address is 15 Saxon Way East, Corby, NN18 9EY.
The presentation currency of these financial statements in Sterling. All amounts in the financial statements have been rounded to the nearest £1.
The company's ultimate parent undertaking, J & A Young Group Limited, includes the Company in its consolidated financial statements. The consolidated financial statements of J & A Young Group Limited are prepared in accordance with FRS 102 and are available to the public and may be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.
2.Accounting policies
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
|
The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).
|
Page 6
|
J & A YOUNG (HOLDINGS) LIMITED
Notes to the Financial Statements
For the Year Ended 30 September 2024
|
|
Investments in subsidiaries
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Creditors: Amounts falling due within one year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Page 7
|