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REGISTERED NUMBER: 10741779 (England and Wales)















JP ACQUISITIONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2025






JP ACQUISITIONS LIMITED (REGISTERED NUMBER: 10741779)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JP ACQUISITIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2025







DIRECTORS: L A Loat
J Pinn





REGISTERED OFFICE: 51 St. Agatha Road
Cardiff
CF14 4EA





REGISTERED NUMBER: 10741779 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

JP ACQUISITIONS LIMITED (REGISTERED NUMBER: 10741779)

STATEMENT OF FINANCIAL POSITION
28TH FEBRUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 50 10,050
Investment property 6 2,133,103 2,133,103
2,133,153 2,143,153

CURRENT ASSETS
Debtors 7 826,995 712,531
Cash at bank 1,729 7,726
828,724 720,257
CREDITORS
Amounts falling due within one year 8 1,142,265 1,213,503
NET CURRENT LIABILITIES (313,541 ) (493,246 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,819,612 1,649,907

CREDITORS
Amounts falling due after more than one year 9 (820,808 ) (826,808 )

PROVISIONS FOR LIABILITIES (65,604 ) (65,604 )
NET ASSETS 933,200 757,495

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 196,813 196,813
Retained earnings 736,287 560,582
SHAREHOLDERS' FUNDS 933,200 757,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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.

JP ACQUISITIONS LIMITED (REGISTERED NUMBER: 10741779)

STATEMENT OF FINANCIAL POSITION - continued
28TH FEBRUARY 2025


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 Pinn - Director


JP ACQUISITIONS LIMITED (REGISTERED NUMBER: 10741779)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2025


1. STATUTORY INFORMATION

JP Acquisitions 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 as modified by the revaluation of certain assets.

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.

Fixtures and fittings - 25% Straight line

Investments in associates
Investments in associate 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2024 - NIL).

JP ACQUISITIONS LIMITED (REGISTERED NUMBER: 10741779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st March 2024
and 28th February 2025 6,421
DEPRECIATION
At 1st March 2024
and 28th February 2025 6,421
NET BOOK VALUE
At 28th February 2025 -
At 29th February 2024 -

5. FIXED ASSET INVESTMENTS
Interest
in Other
associate investments Totals
£    £    £   
COST
At 1st March 2024 50 10,000 10,050
Disposals - (10,000 ) (10,000 )
At 28th February 2025 50 - 50
NET BOOK VALUE
At 28th February 2025 50 - 50
At 29th February 2024 50 10,000 10,050

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st March 2024
and 28th February 2025 2,133,103
NET BOOK VALUE
At 28th February 2025 2,133,103
At 29th February 2024 2,133,103

Fair value at 28th February 2025 is represented by:
£   
Valuation in 2024 262,417
Cost 1,870,686
2,133,103

JP ACQUISITIONS LIMITED (REGISTERED NUMBER: 10741779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2025


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by associates 826,995 712,531

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 6,000 6,000
Taxation and social security 58,568 43,109
Other creditors 1,077,697 1,164,394
1,142,265 1,213,503

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 820,808 826,808

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary shares 1 100 100

11. RESERVES
Fair
value
reserve
£   
At 1st March 2024
and 28th February 2025 196,813

12. RELATED PARTY DISCLOSURES

As at the year end JP Acquisitions Limited owed £867,327 (2024 - £872,428) to companies under common control.

During the year JP Acquisitions Limited was invoiced £15,000 (2024 - £0) by a company under common control.