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REGISTERED NUMBER: 04063903 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SIMON JAMES HOLDINGS LTD

SIMON JAMES HOLDINGS LTD (REGISTERED NUMBER: 04063903)






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


SIMON JAMES HOLDINGS LTD

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTORS: Mrs T James
S A James





SECRETARY: Mrs T James





REGISTERED OFFICE: Green Quarry
Farrington Lane
Doulting
Shepton Mallet
Somerset
BA4 4RG





REGISTERED NUMBER: 04063903 (England and Wales)





ACCOUNTANTS: Andrews and Palmer
Chartered Accountants
32 The Square
Gillingham
Dorset
SP8 4AR

SIMON JAMES HOLDINGS LTD (REGISTERED NUMBER: 04063903)

BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,300 3,450
Investments 5 150 150
Investment property 6 1,362,000 1,353,550
1,364,450 1,357,150

CURRENT ASSETS
Debtors 7 583,506 401,965
Cash at bank 5,772 7,027
589,278 408,992
CREDITORS
Amounts falling due within one year 8 169,709 34,687
NET CURRENT ASSETS 419,569 374,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,784,019

1,731,455

PROVISIONS FOR LIABILITIES 117,696 115,871
NET ASSETS 1,666,323 1,615,584

CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 10 351,360 345,023
Retained earnings 10 1,314,961 1,270,559
SHAREHOLDERS' FUNDS 1,666,323 1,615,584

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.

SIMON JAMES HOLDINGS LTD (REGISTERED NUMBER: 04063903)

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 18 June 2025 and were signed on its behalf by:





S A James - Director


SIMON JAMES HOLDINGS LTD (REGISTERED NUMBER: 04063903)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Simon James Holdings 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 (£).


The company changed its name from Simon James Ltd to Simon James Holdings Ltd on the 2nd January 2020.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Simon James Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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.

Turnover is recognised in the period in which goods and services are performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The fair value movement and the deferred tax movement on the fair value gain or loss is then moved out of retained earnings into the fair value reserve.

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.


SIMON JAMES HOLDINGS LTD (REGISTERED NUMBER: 04063903)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 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.

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.

Investment in joint ventures
Investments in joint ventures are measured at cost less any accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 47,045 31,212 78,257
DEPRECIATION
At 1 October 2023 43,595 31,212 74,807
Charge for year 1,150 - 1,150
At 30 September 2024 44,745 31,212 75,957
NET BOOK VALUE
At 30 September 2024 2,300 - 2,300
At 30 September 2023 3,450 - 3,450

5. FIXED ASSET INVESTMENTS
Shares in Interest
group in joint
undertakings venture Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 100 50 150
NET BOOK VALUE
At 30 September 2024 100 50 150
At 30 September 2023 100 50 150

SIMON JAMES HOLDINGS LTD (REGISTERED NUMBER: 04063903)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 1,353,550
Revaluations 8,450
At 30 September 2024 1,362,000
NET BOOK VALUE
At 30 September 2024 1,362,000
At 30 September 2023 1,353,550

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2016 142,500
Valuation in 2017 20,000
Valuation in 2018 27,760
Valuation in 2019 22,350
Valuation in 2020 112,438
Valuation in 2021 106,219
Valuation in 2022 37,965
Valuation in 2023 (9,200 )
Valuation in 2024 8,450
Cost 893,518
1,362,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 10,000 12,000
Other debtors 573,506 389,965
583,506 401,965

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 27 24
Amounts owed to group undertakings 146,867 18,504
Taxation and social security 21,255 14,030
Other creditors 1,560 2,129
169,709 34,687

SIMON JAMES HOLDINGS LTD (REGISTERED NUMBER: 04063903)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 A Ordinary Shares 1 1 1
1 B Ordinary Shares 1 1 1
2 2

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 1,270,559 345,023 1,615,582
Profit for the year 69,239 69,239
Dividends (18,500 ) (18,500 )
Transfer (6,337 ) 6,337 -
At 30 September 2024 1,314,961 351,360 1,666,321