J.V. Growth Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12198333

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		25,294		30,354
Tangible Assets	5		12,218		19,091

			37,512		49,445
CURRENT ASSETS
Debtors	6	21,986		24,767
Cash at bank and in hand		2,221		25,377

		24,207		50,144
Creditors: Amounts Falling Due Within One Year	7	(21,553 )		(18,608 )

NET CURRENT ASSETS (LIABILITIES)			2,654		31,536

TOTAL ASSETS LESS CURRENT LIABILITIES			40,166		80,981

Creditors: Amounts Falling Due After More Than One Year	8		(210,000 )		(210,000 )

NET LIABILITIES			(169,834 )		(129,019 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(169,934 )		(129,119 )

SHAREHOLDERS' FUNDS			(169,834)		(129,019)

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J.V. Growth Limited

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 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

Ms Pik Yiu Ng

Director

26/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

J.V. Growth Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12198333 . The registered office is 198 Banbury Road, Summertown, OX2 7BY.

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are franchise license. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over 5 years
Fixtures & Fittings	25% reducing balance method

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2023: 8)

4. Intangible Assets

	Other
	£
Cost
As at 1 October 2023	50,594

As at 30 September 2024	50,594

Amortisation
As at 1 October 2023	20,240
Disposals	5,060

As at 30 September 2024	25,300

Net Book Value
As at 30 September 2024	25,294

As at 1 October 2023	30,354

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J.V. Growth Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

5. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 October 2023	21,000	25,233	46,233

As at 30 September 2024	21,000	25,233	46,233

Depreciation
As at 1 October 2023	12,600	14,542	27,142
Provided during the period	4,200	2,673	6,873

As at 30 September 2024	16,800	17,215	34,015

Net Book Value
As at 30 September 2024	4,200	8,018	12,218

As at 1 October 2023	8,400	10,691	19,091

6. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	2,700	5,700
Other taxes and social security	605	386
Amounts owed by group undertakings	18,681	18,681

	21,986	24,767

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	3,074	2,528
Accruals and deferred income	6,056	3,588
Directors' loan accounts	12,423	12,492

	21,553	18,608

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Directors loan account	210,000	210,000

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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J.V. Growth Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

10. Related Party Transactions

Include in Note 8, Creditors falling due more than one year is a director loan in the sum of £210,000 (30 September 2023: £210,000) made by Ms Pik Yiu Ng to the company. This loan is interest free and is not repayable until after 30 September 2026.

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