| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period |
| 1 January 2024 to 31 March 2025 |
| for |
| JW'S Investments Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period |
| 1 January 2024 to 31 March 2025 |
| for |
| JW'S Investments Limited |
| JW'S Investments Limited (Registered number: 03765329) |
| Contents of the Financial Statements |
| for the Period 1 January 2024 to 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| JW'S Investments Limited |
| Company Information |
| for the Period 1 January 2024 to 31 March 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 3 Kingfisher Court |
| Bowesfield Park |
| Stockton on Tees |
| TS18 3EX |
| JW'S Investments Limited (Registered number: 03765329) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Non-distributable reserve | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| JW'S Investments Limited (Registered number: 03765329) |
| Notes to the Financial Statements |
| for the Period 1 January 2024 to 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| JW'S Investments Limited is a |
| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. |
| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006 with additional disclosures made where required to show a true and fair view. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and on a going concern basis. |
| The company extended the year end to 31 March 2025, due to the sale of the property occurring in January 2025, and these accounts cover a 15 month period. Therefore, the prior period is not entirely comparable. |
| Turnover |
| Turnover represents rents receivable and is measured at the fair value of the consideration received, net of value added tax. |
| Tangible fixed assets |
| Freehold investment property | - |
| Fixtures and equipment | - |
| Tax |
| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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. |
| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. |
| Investment property |
| Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised as a movement on the Non-distributable reserve with the exception of impairment losses which are recognised in the profit and loss account as per the 'Impairment' section below. Although this is a departure from the requirements of FRS 102 to show fair value adjustments in the profit or loss account, in the opinion of the directors it is necessary for the financial statements to show a true and fair view. |
| Finance costs |
| Finance costs which are directly attributable to the property during the development phase are capitalised as part of the cost of the property. Capitalisation ceased when the property became available for use. |
| JW'S Investments Limited (Registered number: 03765329) |
| Notes to the Financial Statements - continued |
| for the Period 1 January 2024 to 31 March 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Debtors and creditors receivable/payable within one year |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
| Loans and borrowings |
| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method. If an arrangement constitutes a finance transaction it is measured at present value. |
| Impairment |
| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Fixtures |
| investment | and |
| property | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2024 |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 January 2024 |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 December 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2023 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2023 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Social security and other taxes |
| Accruals and deferred income |
| JW'S Investments Limited (Registered number: 03765329) |
| Notes to the Financial Statements - continued |
| for the Period 1 January 2024 to 31 March 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2023 |
| £ | £ |
| Bank loans |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2023 |
| £ | £ |
| Bank loans |
| The above debts were secured by way of legal mortgages over the company's fixed and current assets. |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2023 |
| value: | £ | £ |
| Ordinary | 1 | 4 | 4 |
| 10. | RESERVES |
| Non-distributable |
| reserve |
| £ |
| At 1 January 2024 |
| Disposal of revalued property | ( |
) |
| At 31 March 2025 |