Acorah Software Products - Accounts Production 16.3.350 false true false 9 November 2023 31 December 2024 31 December 2024 15272642 JTC Directors (UK) Limited Mrs Melanie Herbert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15272642 2023-11-08 15272642 2024-12-31 15272642 2023-11-09 2024-12-31 15272642 frs-core:CurrentFinancialInstruments 2024-12-31 15272642 frs-core:CapitalRedemptionReserve 2024-12-31 15272642 frs-core:ShareCapital 2024-12-31 15272642 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15272642 frs-bus:PrivateLimitedCompanyLtd 2023-11-09 2024-12-31 15272642 frs-bus:FilletedAccounts 2023-11-09 2024-12-31 15272642 frs-bus:SmallEntities 2023-11-09 2024-12-31 15272642 frs-bus:AuditExempt-NoAccountantsReport 2023-11-09 2024-12-31 15272642 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-09 2024-12-31 15272642 frs-core:ListedExchangeTraded 2024-12-31 15272642 frs-core:ListedExchangeTraded 2023-11-08 15272642 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-11-08 15272642 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-12-31 15272642 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 15272642 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-08 15272642 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 15272642 frs-bus:Director1 2023-11-09 2024-12-31 15272642 frs-bus:Director2 2023-11-09 2024-12-31 15272642 frs-countries:EnglandWales 2023-11-09 2024-12-31
Registered number: 15272642
JTC Bravo Holdings Limited
Unaudited Financial Statements
For the Period 9 November 2023 to 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15272642
31 December 2024
Notes £ £
FIXED ASSETS
Investments 4 919
919
CURRENT ASSETS
Debtors 5 1
1
Creditors: Amounts Falling Due Within One Year 6 (460 )
NET CURRENT ASSETS (LIABILITIES) (459 )
TOTAL ASSETS LESS CURRENT LIABILITIES 460
NET ASSETS 460
CAPITAL AND RESERVES
Called up share capital 7 1
Capital redemption reserve 919
Profit and Loss Account (460 )
SHAREHOLDERS' FUNDS 460
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Melanie Herbert
Director
28th July 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
JTC Bravo Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15272642 . The registered office is The Scalpel, 18th Floor, 52 Lime Street, London, EC3M 7AF.
The Company is part of the JTC Group (“JTC”or “theGroup”),the immediate parent company is JTC Group Limited (“JTCG”)and the ultimate parent company is JTC PLC; both are incorporated in Jersey, Channel Islands.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investments
Listed
£
Cost
As at 9 November 2023 -
Additions 919
As at 31 December 2024 919
Provision
As at 9 November 2023 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 919
As at 9 November 2023 -
On 24 November 2023, the Company entered into an agreement to acquire 0.1% of the partnership interest in Blackheath Capital Management LLP ("Blackheath"), a UK limited liability partnership that provides management and regulatory oversight services to investment funds and offers management company services as an Alternative Investment Fund Manager (“AIFM”).
Following regulatory approval for the transaction, initial consideration was transferred on 1 March 2024. To fund this initial consideration, the parent company, JTCG, made a capital contribution to the Company. The agreement also included a deferred payment to the selling shareholders linked to revenue targets for the year to 31 December 2024. This is accrued and shown within salaries as the directors consider this to be remuneration for post-acquisition services, it is due on or before the 1 April 2025. On 27 March 2025, a further capital contribution was made by JTCG, to settle this in full. On 18 July 2024 Blackheath was renamed to be JTC GAS UK LLP.
5. Debtors
31 December 2024
£
Due within one year
Other debtors 1
The loan receivable from JTCG, is unsecured, repayable on demand and interest free.
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Trade creditors 460
7. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 1
8. Related Party Transactions
Information on related parties is as follows:
(i)  Loans with related parties have been disclosed in note 5.
(ii) The costs pertaining to members of key management that have the authority and responsibility to plan, direct and control the activities of the Company are shown in the financial statements of the sister company, JTC (UK) Limited.
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