Registration number: 10645403

Jadenfinch UK Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Jadenfinch UK Limited

Company Information

Directors

R Finch W M Pollard

Registered office

Unit 4 Rowan Court 56 High Street London SW19 5EE

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Jadenfinch UK Limited

Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	13,074	16,370
Investments	5	157,233	157,233
		170,307	173,603
Current assets
Debtors	6	3,824,789	2,071,549
Cash at bank and in hand		28,068	167,555
		3,852,857	2,239,104
Creditors: Amounts falling due within one year	7	(5,894,365)	(3,768,716)
Net current liabilities		(2,041,508)	(1,529,612)
Net liabilities		(1,871,201)	(1,356,009)
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		(1,872,201)	(1,357,009)
Total equity		(1,871,201)	(1,356,009)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Jadenfinch UK Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Jadenfinch UK Limited

Statement of Financial Position as at 31 March 2025

Approved and authorised by the Board on 4 December 2025 and signed on its behalf by:
 

.........................................

R Finch

Director

Company registration number: 10645403

Jadenfinch UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 4
Rowan Court
56 High Street
London
SW19 5EE

The principal activity of the company is that of the provision of loan finance and investment advisory services.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a loss for the year ended 31 March 2025 and had net liabilities of £1,871,201 at that date.

The stakeholders of the company to whom an amount of £5,436,802 was due at 31 March 2025 have confirmed that they will not seek repayment until such time as the company has sufficent working capital and continue to provide financial support for future working capital requirements.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis when preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of loan finance and advisory services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover represents both interest receivable in respect of loan finance advanced, recognised on the effective interest rate inherent within the finance agreement, as well as advisory fees, recognised in the period to which they relate.

Jadenfinch UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective foreign currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	15% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Jadenfinch UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Impairment

Assets are assessed at each reporting date for any indication of impairment. Where the recoverable amount of an asset is less than the carrying amount, the carrying amount is reduced to its recoverable amount. The reduction is an impairment loss which is recognised in the profit and loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year, was 2 (2024 - 2).

Jadenfinch UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost
At 1 April 2024	21,973	21,973
At 31 March 2025	21,973	21,973
Depreciation
At 1 April 2024	5,603	5,603
Charge for the year	3,296	3,296
At 31 March 2025	8,899	8,899
Carrying amount
At 31 March 2025	13,074	13,074
At 31 March 2024	16,370	16,370

5	Investments

	2025 £	2024 £
Investments in associated undertakings	157,233	157,233