IRIS Accounts Production v25.1.0.734 12082620 Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120826202023-07-31120826202024-07-31120826202023-08-012024-07-31120826202022-07-31120826202022-08-012023-07-31120826202023-07-3112082620ns15:EnglandWales2023-08-012024-07-3112082620ns14:PoundSterling2023-08-012024-07-3112082620ns10:Director12023-08-012024-07-3112082620ns10:Director22023-08-012024-07-3112082620ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3112082620ns10:SmallEntities2023-08-012024-07-3112082620ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3112082620ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3112082620ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112082620ns10:FullAccounts2023-08-012024-07-3112082620ns5:CurrentFinancialInstruments2024-07-3112082620ns5:CurrentFinancialInstruments2023-07-3112082620ns5:Non-currentFinancialInstruments2024-07-3112082620ns5:Non-currentFinancialInstruments2023-07-3112082620ns5:ShareCapital2024-07-3112082620ns5:ShareCapital2023-07-3112082620ns5:RetainedEarningsAccumulatedLosses2024-07-3112082620ns5:RetainedEarningsAccumulatedLosses2023-07-3112082620ns10:RegisteredOffice2023-08-012024-07-3112082620ns5:FurnitureFittings2023-08-012024-07-3112082620ns5:MotorVehicles2023-08-012024-07-3112082620ns5:ComputerEquipment2023-08-012024-07-3112082620ns5:FurnitureFittings2023-07-3112082620ns5:MotorVehicles2023-07-3112082620ns5:ComputerEquipment2023-07-3112082620ns5:FurnitureFittings2024-07-3112082620ns5:MotorVehicles2024-07-3112082620ns5:ComputerEquipment2024-07-3112082620ns5:FurnitureFittings2023-07-3112082620ns5:MotorVehicles2023-07-3112082620ns5:ComputerEquipment2023-07-3112082620ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-3112082620ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-012024-07-3112082620ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-07-3112082620ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-3112082620ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3112082620ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3112082620ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-07-3112082620ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-07-3112082620ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-07-3112082620ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-31120826201ns10:Director12023-07-31120826201ns10:Director12022-07-31120826201ns10:Director12023-08-012024-07-31120826201ns10:Director12022-08-012023-07-31120826201ns10:Director12024-07-31120826201ns10:Director12023-07-3112082620ns10:Director222023-07-3112082620ns10:Director222022-07-3112082620ns10:Director222023-08-012024-07-3112082620ns10:Director222022-08-012023-07-3112082620ns10:Director222024-07-3112082620ns10:Director222023-07-31
REGISTERED NUMBER: 12082620 (England and Wales)

















JCJ HOLDINGS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 42,690 38,964

CURRENT ASSETS
Debtors 5 572,242 402,149
Cash at bank and in hand 17,290 43,154
589,532 445,303
CREDITORS
Amounts falling due within one year 6 504,624 387,519
NET CURRENT ASSETS 84,908 57,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,598

96,748

CREDITORS
Amounts falling due after more than one
year

7

(30,978

)

(37,751

)

PROVISIONS FOR LIABILITIES (9,851 ) (6,642 )
NET ASSETS 86,769 52,355

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 86,668 52,254
SHAREHOLDERS' FUNDS 86,769 52,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)

BALANCE SHEET - continued
31 JULY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by:




Miss C J Wise - Director



J Wise - Director


JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

JCJ Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12082620

Registered office: 71 Knowl Piece
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY

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.

Going concern
The director has a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The company only enters into basic financial instruments 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 non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 9 ) .

JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 33,285 26,700 3,862 63,847
Additions 15,093 - - 15,093
At 31 July 2024 48,378 26,700 3,862 78,940
DEPRECIATION
At 1 August 2023 13,285 8,813 2,785 24,883
Charge for year 6,371 4,472 524 11,367
At 31 July 2024 19,656 13,285 3,309 36,250
NET BOOK VALUE
At 31 July 2024 28,722 13,415 553 42,690
At 31 July 2023 20,000 17,887 1,077 38,964

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 17,700
DEPRECIATION
At 1 August 2023 2,581
Charge for year 3,780
At 31 July 2024 6,361
NET BOOK VALUE
At 31 July 2024 11,339
At 31 July 2023 15,119

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,168 3,694
Other debtors 560,074 398,455
572,242 402,149

JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 11,994 9,900
Hire purchase contracts 3,228 2,198
Trade creditors 35,907 33,754
Taxation and social security 432,638 337,073
Other creditors 20,857 4,594
504,624 387,519

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 22,031 24,547
Hire purchase contracts 8,947 13,204
30,978 37,751

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 5,719 10,306

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 11,994 9,900

Amounts falling due between one and two years:
Bank loans - 1-2 years 11,363 10,151

Amounts falling due between two and five years:
Bank loans - 2-5 years 10,668 14,396

JCJ HOLDINGS LTD (REGISTERED NUMBER: 12082620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Miss C J Wise
Balance outstanding at start of year 63,889 30,276
Amounts advanced 83,654 121,043
Amounts repaid (87,430 ) (87,430 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,113 63,889

J Wise
Balance outstanding at start of year 70,071 50,889
Amounts advanced 157,445 106,612
Amounts repaid (87,430 ) (87,430 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 140,086 70,071

Interest on the overdrawn director's loan accounts is payable on a monthly basis at the official rate of interest, however there are no agreed repayment terms.

During the year interest was paid amounting to £3,717 in respect of the overdrawn director's loan accounts (2023: £2,388).

Dividends of £174,860 were paid to the director's during the year (2023: £174,860).

Dividends of £Nil were paid to close family members during the year (2023: £30,000)

10. RELATED PARTY DISCLOSURES

JCJ Property and Leisure Ltd

A company in which Miss C Wise and Mr J Wise are directors and joint shareholders.

Amounts due from related party at the balance sheet date is £108,319 (2023: £319).

This loan is unsecured, there is no interest payable and there are no agreed repayment terms.

JCJ Classics Ltd

A company in which Miss C Wise and Mr J Wise are directors and joint shareholders.

Amounts due from the related party at the balance sheet date is £62,639 (2023: £77,889).

This loan is unsecured, there is no interest payable and there are no agreed repayment terms.