Registered number: 02222834
FOR THE YEAR ENDED 31 MARCH 2025
JAGUAR BUILDING SERVICES LIMITED
COMPANY INFORMATION
JAGUAR BUILDING SERVICES LIMITED
CONTENTS
JAGUAR BUILDING SERVICES LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The directors present their strategic report for the year ended 31 March 2025.
We've seen tremendous growth in the last twelve months with turnover increasing from £81.9M to £102.3M. This is due to our continued excellent contract retention record along with new contract wins from an ever-expanding client pool and a significant increase in major project works.
Heading into 2025-6 we have added to our energy and smart building expertise and will shortly be unveiling our Building Performance Centre and Training Hub which will benefit our staff and clients. We have seen a steady increase in the number of customers using our ‘Apprise' management tool and have recently added a well-received Health and Safety Module. We are currently testing a meter reading module designed to assist our customers when raising tenant utility bills. Further modules are planned, all of which will be of direct use to our customers. We will also be driving a focus on additional work profitability and procurement arrangements across our portfolio and have identified a suitably experienced commercial manager to assist us.
Our Projects Team has had a phenomenal year with sales climbing from just under £6M to £10M. They have cemented their excellent reputation for delivering on complex projects and as a result we continue to see a steady flow of opportunities. The team will be further expanding this year to meet the current demands for our services in this area.
Heading into 2025-6 we have added to our energy and smart building expertise and will shortly be unveiling our Building Performance Centre and Training Hub which will benefit our staff and clients. We have seen a steady increase in the number of customers using our ‘Apprise' management tool and have recently added a well-received Health and Safety Module. We are currently testing a meter reading module designed to assist our customers when raising tenant utility bills. Further modules are planned, all of which will be of direct use to our customers. We will also be driving a focus on additional work profitability and procurement arrangements across our portfolio and have identified a suitably experienced commercial manager to assist us.
Our Projects Team has had a phenomenal year with sales climbing from just under £6M to £10M. They have cemented their excellent reputation for delivering on complex projects and as a result we continue to see a steady flow of opportunities. The team will be further expanding this year to meet the current demands for our services in this area.
Staff recruitment and retention is constant focus for us. In recent years we've honed our staff packages in response to market conditions, to ensure, as far as possible, that our client contracts are consistently well managed and staffed by well supported and invested employees. In house recruitment has reduced vacancies across the business significantly.
The Company follows rigid protocols to prevent fraud. Our cyber security is constantly reviewed and upgraded. Accounts staff are kept abreast of developing fraud strategies through our bankers and financial services providers. Stringent controls within our supplier acceptance process prevent potential fraudsters from being added to our purchase ledger. Multi-layer payment approval methods are employed. We introduced additional cyber security training provided by ex-metropolitan police for selected staff and will be extending that to the entire workforce. We are currently working towards ISO 27001 Accreditation.
We have added an industry experienced Senior Customer Services Representative into our team as a further dedicated client liaison. The team feedback is invaluable to JBS management, and our clients appreciate the efforts that we make to hear their views about our service and make improvements as a direct result of them.
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JAGUAR BUILDING SERVICES LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Our £102.3M 2024-25 turnover was another solid improvement on the 2023-4 figure of £81.9M. The 17% growth in core contract sales was exceeded in non-contractual sales increases which grew by 31%. By mid-year 2025-26 we will have increased contractual sales commitments by £5M and expect to match the 2024-25 percentage increase by the year end.
The Projects sales had the highest % increase at 74%, £10M up from £5.8M, but this was as planned following a small dip last year as we geared up for delivering on long running projects.
Gross profit of 14.7% was slightly improved from 14.3% in the previous year and PBIT increased from 4.1% to 5.4%.
The Projects sales had the highest % increase at 74%, £10M up from £5.8M, but this was as planned following a small dip last year as we geared up for delivering on long running projects.
Gross profit of 14.7% was slightly improved from 14.3% in the previous year and PBIT increased from 4.1% to 5.4%.
The Jaguar Building Services Directors confirm that during the year under review they have acted to promote the long-term success of the Company for the benefit of shareholders, whilst having due regard to the matters set out in Section 172(1) (a) to (f) of the Companies Act 2006.
The Directors are committed to achieving ethical growth. Decisions are given due consideration and take into account the interests of all of our stakeholders including our customers, the staff, our suppliers and specialist sub-contractors we employ, all of whom impact our ability to deliver services and retain our customers.
The ever-evolving expansion of our bespoke software tool (“Apprise”) is always in conjunction with clients requirements and wishes, and also those of the users amongst our own staff. In introducing our new Performance Centre and Training hub the intention is that elevating our workforce's personnel skill sets will benefit them, us, and ultimately our clients experience of Jaguar.
The Company continues to support the local community through its support of the Ivy Street Centre which supports underprivileged families in the Hoxton Area. Additionally in recent years we have added several other local family focused charities and foodbanks into our regular donations program.
As Building Services Maintenance Specialists we actively seek to identify and action energy saving initiatives within our own offices and those of our customers. We continue to support many of our customers in retaining “Breeam” status for their buildings.
The shareholders continue to seek appropriate and responsible levels of renumeration commensurate with maintaining a healthy cash position and a resilient balance sheet.
The business has strong procedures in place to manage debtors and cashflow.
The business procures a broad spectrum of goods from a large number of suppliers. We pay suppliers on time and have robust procedures in place to ensure that our relationship with our suppliers mirror our relationship with our own customers.
The Directors are committed to achieving ethical growth. Decisions are given due consideration and take into account the interests of all of our stakeholders including our customers, the staff, our suppliers and specialist sub-contractors we employ, all of whom impact our ability to deliver services and retain our customers.
The ever-evolving expansion of our bespoke software tool (“Apprise”) is always in conjunction with clients requirements and wishes, and also those of the users amongst our own staff. In introducing our new Performance Centre and Training hub the intention is that elevating our workforce's personnel skill sets will benefit them, us, and ultimately our clients experience of Jaguar.
The Company continues to support the local community through its support of the Ivy Street Centre which supports underprivileged families in the Hoxton Area. Additionally in recent years we have added several other local family focused charities and foodbanks into our regular donations program.
As Building Services Maintenance Specialists we actively seek to identify and action energy saving initiatives within our own offices and those of our customers. We continue to support many of our customers in retaining “Breeam” status for their buildings.
The shareholders continue to seek appropriate and responsible levels of renumeration commensurate with maintaining a healthy cash position and a resilient balance sheet.
The business has strong procedures in place to manage debtors and cashflow.
The business procures a broad spectrum of goods from a large number of suppliers. We pay suppliers on time and have robust procedures in place to ensure that our relationship with our suppliers mirror our relationship with our own customers.
This report was approved by the board and signed on its behalf.
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JAGUAR BUILDING SERVICES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The directors present their report and the financial statements for the year ended 31 March 2025.
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgements and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £4,309,416 (2024: £2,598,027).
During the year the Company declared dividends amounting to £1,025,000 (2024: £1,115,000).
The directors who served during the year were:
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JAGUAR BUILDING SERVICES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Our staff inductions provide all joiners with a thorough grounding on the company background, our culture, and our aims for the Company and the opportunities that it affords them. Account managers will visit sites and keep in touch with staff on a regular basis thereafter. Head office support staff are always available to all staff.
We support learning and encourage our staff to undertake professional training or re-train in other areas related to our core business or their own specialism.
Our quarterly company newsletter provides business updates, introduces new sites and contains regular content focused on operational staff. There are also features on health and wellbeing and we have company "champions" who promote the benefits of our extensive PMI scheme.
We partner with an employee benefits advisory who provide financial guidance and products free of charge to staff as well as administering all of our staff package policies. In the last financial year we introduced in-house health check days and provided mental health awareness training courses available for colleagues and managers. We also added an external counselling service into our suite of staff benefits. This valuable cover includes a wide range of support both virtual and in person and extends to their family members too.
We hold two annual all-staff events that are attended by the company directorate and often future bookings are driven from the staff comments that we receive. Our staff panel continues to meet regularly to discuss staff experiences and make representations to management for consideration and responses. This provides an anonymous platform for all staff to have their say in the direction of the Company as the directorate seek their feedback on recent events and their input for the future.
We support learning and encourage our staff to undertake professional training or re-train in other areas related to our core business or their own specialism.
Our quarterly company newsletter provides business updates, introduces new sites and contains regular content focused on operational staff. There are also features on health and wellbeing and we have company "champions" who promote the benefits of our extensive PMI scheme.
We partner with an employee benefits advisory who provide financial guidance and products free of charge to staff as well as administering all of our staff package policies. In the last financial year we introduced in-house health check days and provided mental health awareness training courses available for colleagues and managers. We also added an external counselling service into our suite of staff benefits. This valuable cover includes a wide range of support both virtual and in person and extends to their family members too.
We hold two annual all-staff events that are attended by the company directorate and often future bookings are driven from the staff comments that we receive. Our staff panel continues to meet regularly to discuss staff experiences and make representations to management for consideration and responses. This provides an anonymous platform for all staff to have their say in the direction of the Company as the directorate seek their feedback on recent events and their input for the future.
We have added an industry experienced Senior Customer Services Representative into our team as a further dedicated client liaison. The team feedback is invaluable to JBS management, and our clients appreciate the efforts that we make to hear their views about our service and make improvements as a direct result of them.
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JAGUAR BUILDING SERVICES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Company is actively monitoring and analysing energy consumption at its head office. Additionally, they conduct periodic reviews of high-level energy usage across the portfolio of sites they operate and maintain on behalf of clients. The management and implementation of these processes are detailed in the Company's ISO 50001 certification.
Furthermore, the Company calculates and reports its Scope 1, 2, and 3 emissions, measured against occupancy levels, as a key performance indicator. Energy consumption monitoring is completed on an annual calendar basis (01 January – 31 December), therefore consumption for the first 3 months of the 2025 calendar year is not yet available for disclosure.
Carbon Reporting
Head office electrical consumption is monitored via AMR and is benchmarked against occupancy to indicate performance. See table below.
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JAGUAR BUILDING SERVICES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The auditors, HaysMac LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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JAGUAR BUILDING SERVICES LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JAGUAR BUILDING SERVICES LIMITED
We have audited the financial statements of Jaguar Building Services Limited (the 'Company') for the year ended 31 March 2025, which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Cash Flows, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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JAGUAR BUILDING SERVICES LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JAGUAR BUILDING SERVICES LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
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JAGUAR BUILDING SERVICES LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JAGUAR BUILDING SERVICES LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of noncompliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud.
Based on our understanding of the Company and industry, we identified that the principal risks of noncompliance with laws and regulations related to Health and Safety at Work, the Building Regulations and various requirements with other regulatory bodies such as HSE, EA, UKAS, Gas Safe, F-Gas & BSI, and we considered the extent to which noncompliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as Companies Act 2006, corporation tax, payroll tax and VAT.
We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries to revenue and management bias in accounting estimates. Audit procedures performed by the engagement team included:
∙discussions with management including consideration of known or suspected instances of noncompliance
with laws and regulation and fraud;
with laws and regulation and fraud;
∙inspecting correspondence with regulators and tax authorities;
∙evaluating management's controls designed to prevent and detect irregularities;
∙identifying and testing journals, in particular journal entries posted with unusual account combinations,
postings by unusual users or with unusual descriptions, postings at specific or unusual points in time; and
postings by unusual users or with unusual descriptions, postings at specific or unusual points in time; and
∙challenging assumptions and judgements made by management in their critical accounting estimates.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or noncompliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of noncompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.
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JAGUAR BUILDING SERVICES LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF JAGUAR BUILDING SERVICES LIMITED (CONTINUED)
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Statutory Auditors
10 Queen Street Place
EC4R 1AG
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JAGUAR BUILDING SERVICES LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2025
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JAGUAR BUILDING SERVICES LIMITED
REGISTERED NUMBER: 02222834
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 16 to 26 form part of these financial statements.
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JAGUAR BUILDING SERVICES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025
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JAGUAR BUILDING SERVICES LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
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JAGUAR BUILDING SERVICES LIMITED
ANALYSIS OF NET DEBT
FOR THE YEAR ENDED 31 MARCH 2025
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Jaguar Buildings Services Limited is a private company, limited by shares, and incorporated in England and Wales. The Company's registered number is 02222834 and registered office address is 6 Gracechurch Street, London, EC3V 0AT.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
At the date of approval of these financial statements, the Company has positive net assets. The directors have reviewed the cash flow forecast for the business for the next 12 months and have assessed that there is a reasonable expectation that the Company will have sufficient financial resources to continue in operational existence for the foreseeable future and to meet its liabilities as they fall due.
The directors have therefore concluded that it is appropriate that the financial statements of the Company should be prepared on a going concern basis.
The directors have therefore concluded that it is appropriate that the financial statements of the Company should be prepared on a going concern basis.
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Basic financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Estimated useful life of property, plant and equipment and impairment testing
The Company estimates the useful life and residual values of intangible assets, property, plant and equipment and reviews these estimates at each financial year end. The Company also tests for impairment when a trigger event occurs, or annually, as appropriate.
Work in progress recognition
Standard WIP is prudently accounted for as our net purchases cost plus margin, less net sales, irrespective of the planned added value or agreed final sales valuation. Projects WIP valuations are estimated at site via inspections and assessments by our staff in conjunction with our clients surveyors. Additionally, similar to standard WIP, we ensure that those valuations correlate with recognised costs plus mark-up, less sales, and where they differ we adjust as necessary to keep within our accepted tolerance range.
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
There were no factors that may affect future tax charges.
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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During the year, 283,190 B2 ordinary shares were issued with a nominal value of £0.01. The B2 Ordinary shares do not attach to any voting, dividend and capital distribution rights. They do not confer any rights of redemption.
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JAGUAR BUILDING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Profit and loss account
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,084,580 (2024: £938,814). Contributions totaling £214,246 (2024: £193,410) were payable to the fund at the reporting date and are included in creditors.
The ultimate controlling party is considered to be P Roberts.
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