REGISTERED NUMBER: 10450922 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

J.J. BULLEN HOLDINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Bullen

Mrs V L Bullen

SECRETARY:

Mrs V L Bullen

REGISTERED OFFICE:

Carr Hall Farm

Carr Lane

Lathom

Nr Ormskirk

Lancashire

L40 4BT

REGISTERED NUMBER:

10450922 (England and Wales)

ACCOUNTANTS:

Fairhurst Accountants Ltd

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

FIXED ASSETS

Tangible assets

4

1,497,914

1,449,932

Investments

5

25,000

25,000

1,522,914

1,474,932

CURRENT ASSETS

Cash at bank

2,039

2,831

CREDITORS

Amounts falling due within one year

6

875,392

773,571

NET CURRENT LIABILITIES

(873,353

)

(770,740

)

TOTAL ASSETS LESS CURRENT LIABILITIES

649,561

704,192

CREDITORS

Amounts falling due after more than one year

7

300,000

300,000

NET ASSETS

349,561

404,192

CAPITAL AND RESERVES

Called up share capital

9

25,000

25,000

Retained earnings

10

324,561

379,192

SHAREHOLDERS' FUNDS

349,561

404,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

R J Bullen - Director

1.	STATUTORY INFORMATION

J.J. Bullen Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about J.J. Bullen Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The following assets and liabilities are classified as financial instruments; trade debtors, Directors' loan

accounts, trade creditors, accruals and hire purchase agreements.

Financial instruments that are payable or receivable within one year, typically Directors' loan accounts, trade

creditors,accruals and trade debtors, are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 February 2024

1,488,571

Additions

77,753

At 31 January 2025

1,566,324

DEPRECIATION

At 1 February 2024

38,639

Charge for year

29,771

At 31 January 2025

68,410

NET BOOK VALUE

At 31 January 2025

1,497,914

At 31 January 2024

1,449,932

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2024

and 31 January 2025

25,000

NET BOOK VALUE

At 31 January 2025

25,000

At 31 January 2024

25,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(1

)

(1

)

Amounts owed to group undertakings

832,557

742,955

Directors' loan accounts

42,836

30,617

875,392

773,571

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Preference shares

300,000

300,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Preference shares

300,000

300,000

8.	SECURED DEBTS

The company's bankers, Handelsbanken hold a fixed and floating charge over all the property and undertaking of the company.

The company has guaranteed a loan held by its subsidiary undertaking, J J Bullen (Plant & Equipment) Limited by way of mortgage over the property known as Carr Hall Farm, Carr Hall Lane , Lathom, Ormskirk, L40 4BT and

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

25,000

Ordinary A

£1.00

25,000

25,000

10.

RESERVES

Retained

earnings

£

At 1 February 2024

379,192

Profit for the year

30,369

Dividends

(85,000

)

At 31 January 2025

324,561

11.	RELATED PARTY DISCLOSURES

During the year the company received dividends of £150,000 (2024 - £150,000) from its subsidiary undertaking JJ Bullen (Plant & Equipment) Limited.