REGISTERED NUMBER: 15172556 (England and Wales)

Jardine Norton Capital D Limited

Unaudited Financial Statements

for the Period 28 September 2023 to 31 October 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

P Clark

C Rees

Jardine Norton Management Services Ltd

Registered office:

1 Caspian Point

Pierhead Street

Cardiff Bay

Cardiff

CF10 4DQ

Registered number:

15172556 (England and Wales)

Accountants:

Menzies LLP, Statutory Auditors

5th Floor Hodge House

114-116 St Mary Street

Cardiff

CF10 1DY

Current assets

Debtors

4

3,824,784

Cash at bank

119

3,824,903

Creditors

Amounts falling due within one year

5

(3,770,801

)

Net current assets

54,102

Total assets less current liabilities

54,102

Creditors

Amounts falling due after more than one year

6

(15,600

)

Net assets

38,502

Capital and reserves

Called up share capital

8

100

Retained earnings

38,402

Shareholders' funds

38,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 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 31 October 2025 and were signed on its behalf by:

C Rees - Director

1.	Statutory information

Jardine Norton Capital D Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

The average number of employees during the period was 2 .

4.

Debtors

£

Amounts falling due within one year:

Trade debtors

3,800,000

Amounts owed by group undertakings

24,684

3,824,684

Amounts falling due after more than one year:

Other debtors

100

Aggregate amounts

3,824,784

5.

Creditors: amounts falling due within one year

£

Trade creditors

3,754,400

Taxation and social security

12,801

Other creditors

3,600

3,770,801

6.

Creditors: amounts falling due after more than one year

£

Amounts owed to group undertakings

15,600

7.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

£

Within one year

14,400

Between one and five years

19,200

33,600

8.	Called up share capital

Allotted and issued:

Number:

Class:

Nominal

value:

£

100

Share capital 1

100

100

9.	Other financial commitments

On 6 November 2023, the company entered into a financing arrangement and granted fixed and floating charges in favour of Nineteen77 Global Multi-Strategy Alpha Master Limited, Nineteen77 Working Capital Finance Opportunistic Fund Master Limited, UBS Working Capital Finance Opportunistic Fund (EU), and UBS Working Capital Finance Fund (EU). The security covers all of the company’s assets, including its rights in any intellectual property and vehicles, and includes a negative pledge. The charge was registered at Companies House on 9 November 2023.

10.	Ultimate parent company

The immediate parent company is Jardine Norton Group Ltd.