Company No: 00664317 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	95		111
Investment property	4	150,250		150,250
Investments	5	766,727		827,454
		917,072		977,815
Current assets
Debtors	6	310		266
Cash at bank and in hand		58,955		1,989
		59,265		2,255
Creditors: amounts falling due within one year	7	( 9,233)		( 10,951)
Net current assets/(liabilities)		50,032		(8,696)
Total assets less current liabilities		967,104		969,119
Provision for liabilities		( 73,494)		( 70,154)
Net assets		893,610		898,965
Capital and reserves
Called-up share capital	8	784		784
Capital redemption reserve		216		216
Profit and loss account		892,610		897,965
Total shareholders' funds		893,610		898,965

For the financial year ending 31 December 2024 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of J.C.Williams & Sons(Investments)Limited (registered number: 00664317) were approved and authorised for issue by the Board of Directors on 24 September 2025. They were signed on its behalf by:

L J London Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

J.C.Williams & Sons(Investments)Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Laurels, Church Hill, Helston, TR13 8NN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Fixed asset investments

Fixed asset investments are stated at market value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2024	259		259
At 31 December 2024	259		259
Accumulated depreciation
At 01 January 2024	148		148
Charge for the financial year	16		16
At 31 December 2024	164		164
Net book value
At 31 December 2024	95		95
At 31 December 2023	111		111

4. Investment property

	Investment property
	£
Valuation
As at 01 January 2024	150,250
As at 31 December 2024	150,250

Valuation

The directors have valued the investment property held by the company based on the value they would expect the property to be sold for if it was sold to an unconnected third party in an arm's length transaction on the open market.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2024		2023
	£		£
Historic cost	40,421		40,421

5. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 01 January 2024	827,454		827,454
Additions	17,359		17,359
Disposals	( 79,422)		( 79,422)
Movement in fair value	1,336		1,336
At 31 December 2024	766,727		766,727
Carrying value at 31 December 2024	766,727		766,727
Carrying value at 31 December 2023	827,454		827,454

The fair value of listed investments was determined with reference to the quoted market price at the reporting date.

6. Debtors

	2024		2023
	£		£
Trade debtors	75		32
Other debtors	235		234
	310		266

7. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	1,093		1,013
Taxation and social security	4,669		785
Other creditors	3,471		9,153
	9,233		10,951

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
784 Ordinary shares of £ 1.00 each	784		784