SELWAY JOYCE GROUP LTD


Director	ADKINS, Dean Anthony


Registered Address	1st Floor Anglo St.James House
	Southgate Street
	Winchester
	SO23 9EH


Registered Number	14528744 (England and Wales)

Balance Sheet as at
30 June 2025

	Notes	30 Jun 2025		31 Dec 2023
		£	£	£	£
Fixed assets
Tangible assets	3		99		-
Investments	4		949,064		949,064
			949,163		949,064
Current assets
Debtors	5	76,853		13,525
Cash at bank and on hand		5,243		3,326
		82,096		16,851
Creditors amounts falling due within one year	6	(283,310)		(347,690)
Net current assets (liabilities)			(201,214)		(330,839)
Total assets less current liabilities			747,949		618,225
Creditors amounts falling due after one year	7		(682,245)		(658,226)
Net assets			65,704		(40,001)
Capital and reserves
Called up share capital			1		1
Profit and loss account			65,703		(40,002)
Shareholders' funds			65,704		(40,001)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 3 December 2025, and are signed on its behalf by:

ADKINS, Dean Anthony
Director
Registered Company No. 14528744

SELWAY JOYCE GROUP LTD

Notes to the Financial Statements
for the period ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	Additions	99
	At 30 June 25	99
	Net book value
	At 30 June 25	99
	At 31 December 23	-

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 January 24	949,064
	At 30 June 25	949,064
	Net book value
	At 30 June 25	949,064
	At 31 December 23	949,064

5.	Debtors: amounts due within one year

	2025	2023
	£	£
Amounts owed by group undertakings	76,853	-
Other debtors	-	13,525
Total	76,853	13,525


	Debtors Includes an overdrawn Directors Loan account which was cleared as at 30/06/2024

6.	Creditors: amounts due within one year

	2025	2023
	£	£
Bank borrowings and overdrafts	209,029	209,029
Amounts owed to related parties	49,031	137,661
Other creditors	24,956	-
Accrued liabilities and deferred income	294	1,000
Total	283,310	347,690

7.	Creditors: amounts due after one year

	2025	2023
	£	£
Bank borrowings and overdrafts	250,696	546,333
Amounts owed to related parties	431,549	111,893
Total	682,245	658,226