Company Registration No. 09473750 (England and Wales)
JNJ Holdings Limited
Unaudited accounts
for the year ended 31 March 2025
JNJ Holdings Limited
Unaudited accounts
Contents
JNJ Holdings Limited
Company Information
for the year ended 31 March 2025
Company Number
09473750 (England and Wales)
Registered Office
The Embassy
389 Newport Road
Cardiff
South Glamorgan
CF24 1TP
Wales
Accountants
Orchard Davies Ltd
17 Coed Pengam
Lisvane
Cardiff
South Glamorgan
CF14 0AU
JNJ Holdings Limited
Statement of financial position
as at 31 March 2025
Tangible assets
8,570
7,952
Investment property
4,657,595
4,225,164
Cash at bank and in hand
3,003
18,050
Creditors: amounts falling due within one year
(163,847)
(116,483)
Net current liabilities
(160,844)
(98,433)
Total assets less current liabilities
4,505,321
4,134,683
Creditors: amounts falling due after more than one year
(3,100,825)
(3,109,675)
Provisions for liabilities
Deferred tax
(157,359)
(157,359)
Net assets
1,247,137
867,649
Called up share capital
1
1
Fair value reserve
1,126,301
748,870
Profit and loss account
120,835
118,778
Shareholders' funds
1,247,137
867,649
For the year ending 31 March 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 June 2025 and were signed on its behalf by
Mr OJO Anyaike
Director
Company Registration No. 09473750
JNJ Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
JNJ Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 09473750. The registered office is The Embassy, 389 Newport Road, Cardiff, South Glamorgan, CF24 1TP, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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 accounts. 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 current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
JNJ Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
12,742
3,031
15,773
At 31 March 2025
14,966
3,031
17,997
At 1 April 2024
4,791
3,030
7,821
Charge for the year
1,606
-
1,606
At 31 March 2025
6,397
3,030
9,427
At 31 March 2025
8,569
1
8,570
At 31 March 2024
7,951
1
7,952
Fair value at 1 April 2024
4,225,164
Net gain from fair value adjustments
377,431
At 31 March 2025
4,657,595
Investment Properties are shown at the Director's Valuation as at 31 3 2025. They have been revalued based on the Director's considered knowledge of the Market.
The revised revaluation surplus has been recognised in the Fair Value Reserve with an increase of £398,836. The properties had not been revalued since 31 3 2023. Previous revaluations have also been made at Director's Valuation.
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
11,667
21,667
Trade creditors
3,180
3,180
Taxes and social security
11,483
14,483
Other creditors
137,517
77,153
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
2,973,846
2,885,627
Loans from directors
126,979
224,048
JNJ Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans from director
224,048
-
97,069
126,979
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).