J D Industrial Developments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07178296

J D INDUSTRIAL DEVELOPMENTS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 March 2025

J D INDUSTRIAL DEVELOPMENTS LIMITED

STATEMENT OF FINANCIAL POSITION

30 March 2025

	30 Mar 25		31 Mar 24
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5	27,212	36,281
Investments	6	2,994,660	2,994,660
		------------	------------
		3,021,872	3,030,941

CURRENT ASSETS

Stocks		2,165	2,485
Debtors	7	175,967	134,935
Cash at bank and in hand		122,133	98,382
		---------	---------
		300,265	235,802

CREDITORS: amounts falling due within one year	8	353,098		347,716
		---------		---------
NET CURRENT LIABILITIES			52,833		111,914
			------------		------------
TOTAL ASSETS LESS CURRENT LIABILITIES			2,969,039		2,919,027

CREDITORS: amounts falling due after more than one year	9		91,560		181,501

PROVISIONS	422,402	437,949
	------------	------------
NET ASSETS	2,455,077	2,299,577
	------------	------------

CAPITAL AND RESERVES

Called up share capital	100	100
Revaluation reserve	1,246,791	1,338,861
Profit and loss account	1,208,186	960,616
	------------	------------
SHAREHOLDERS FUNDS	2,455,077	2,299,577
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

J D INDUSTRIAL DEVELOPMENTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 March 2025

These financial statements were approved by the board of directors and authorised for issue on 1 September 2025 , and are signed on behalf of the board by:

Mr D Lloyd-Jones

Director

Company registration number: 07178296

J D INDUSTRIAL DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 APRIL 2024 TO 30 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Rushglen Farm, Cranford Road, Great Addington, Kettering, NN14 4BH.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the period amounted to 2 (2024: 3 ).

5. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2024 and 30 March 2025	169,396	39,123	208,519
	---------	--------	---------
Depreciation
At 1 April 2024	139,803	32,435	172,238
Charge for the period	7,398	1,671	9,069
	---------	--------	---------
At 30 March 2025	147,201	34,106	181,307
	---------	--------	---------
Carrying amount
At 30 March 2025	22,195	5,017	27,212
	---------	--------	---------
At 31 March 2024	29,593	6,688	36,281
	---------	--------	---------

6. INVESTMENTS

	Shares in group undertakings	Other investments other than loans	Total
	£	£	£
Cost / Valuation
At 1 April 2024 and 30 March 2025	339,660	2,655,000	2,994,660
	---------	------------	------------
Impairment
At 1 April 2024 and 30 March 2025	–	–	–
	---------	------------	------------

Carrying amount
At 30 March 2025	339,660	2,655,000	2,994,660
	---------	------------	------------
At 31 March 2024	339,660	2,655,000	2,994,660
	---------	------------	------------

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

7. DEBTORS

	30 Mar 25	31 Mar 24
	£	£
Trade debtors	130,215	130,897
Other debtors	45,752	4,038
	---------	---------
	175,967	134,935
	---------	---------

8. CREDITORS: amounts falling due within one year

	30 Mar 25	31 Mar 24
	£	£
Bank loans and overdrafts	51,483	39,861
Trade creditors	1,343	4,808
Corporation tax	49,742	12,958
Social security and other taxes	3,684	17,111
Other creditors	246,846	272,978
	---------	---------
	353,098	347,716
	---------	---------

9. CREDITORS: amounts falling due after more than one year

	30 Mar 25	31 Mar 24
	£	£
Bank loans and overdrafts	91,560	181,501
	--------	---------

10. RELATED PARTY TRANSACTIONS

During the year the directors have advanced monies to the company. At 30 March 2025 the amount due from the company was £110,315 (2024 - £143,546).