REGISTERED NUMBER: 01844711 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

J H Greenwood Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J H Greenwood

SECRETARY:

Mrs A L Patrick

REGISTERED OFFICE:

6 Rectory Road

37 Old Parsonage Lane

Hoton

Leicestershire

LE12 5SG

REGISTERED NUMBER:

01844711 (England and Wales)

ACCOUNTANTS:

Mellor Oxland LLP

Hine House

25 Regent Street

Nottingham

Nottinghamshire

NG1 5BS

FIXED ASSETS

Tangible assets

4

62,684

138,078

Investments

5

517,003

469,897

Investment property

6

2,760,729

2,760,729

3,340,416

3,368,704

CURRENT ASSETS

Stocks

502,457

502,457

Debtors

7

16,164,894

10,167,841

Cash at bank

721,169

618,070

17,388,520

11,288,368

CREDITORS

Amounts falling due within one year

8

12,423,074

6,500,962

NET CURRENT ASSETS

4,965,446

4,787,406

TOTAL ASSETS LESS CURRENT LIABILITIES

8,305,862

8,156,110

CREDITORS

Amounts falling due after more than one year

9

(2,470,051

)

(2,650,700

)

PROVISIONS FOR LIABILITIES

(25,931

)

(25,931

)

NET ASSETS

5,809,880

5,479,479

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

5,799,880

5,469,479

SHAREHOLDERS' FUNDS

5,809,880

5,479,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 November 2025 and were signed by:

J H Greenwood - Director

1.	STATUTORY INFORMATION

J H Greenwood 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

167,642

Additions

5,203

Disposals

(67,999

)

At 28 February 2025

104,846

DEPRECIATION

At 1 March 2024

29,564

Charge for year

15,998

Eliminated on disposal

(3,400

)

At 28 February 2025

42,162

NET BOOK VALUE

At 28 February 2025

62,684

At 29 February 2024

138,078

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 March 2024

2

469,895

469,897

Additions

-

7,441

7,441

Revaluations

-

39,665

39,665

At 28 February 2025

2

517,001

517,003

NET BOOK VALUE

At 28 February 2025

2

517,001

517,003

At 29 February 2024

2

469,895

469,897

Cost or valuation at 28 February 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2023

-

26,592

26,592

Valuation in 2024

-

51,523

51,523

Valuation in 2025

-

39,665

39,665

Cost

2

399,221

399,223

2

517,001

517,003

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

and 28 February 2025

2,760,729

NET BOOK VALUE

At 28 February 2025

2,760,729

At 29 February 2024

2,760,729

All freehold and leasehold property is held for investment and is included in these accounts at its open market value as determined by the director, J H Greenwood, as at the balance sheet date.

Fair value at 28 February 2025 is represented by:

£

Valuation in 2024

(113,712

)

Cost

2,874,441

2,760,729

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

47,303

99,331

Other debtors

15,542,591

9,493,510

15,589,894

9,592,841

Amounts falling due after more than one year:

Amounts owed by group undertakings

575,000

575,000

Aggregate amounts

16,164,894

10,167,841

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

119,629

187,673

Other creditors

12,303,445

6,313,289

12,423,074

6,500,962

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

2,470,051

2,650,700

10.	RELATED PARTY DISCLOSURES

Creditors includes loans of £10,519,805 (2024 £4,617,501) owed to other companies with a common director. The loans bear interest at a market rate.

Creditors due after more than one year includes an amount of £2,070,051 (2024 £2,650.700) owed to the director. The director is not currently charging interest on this loan but reserves the right to do so in the future.