REGISTERED NUMBER: 10148689 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

JJIG Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N H Glynne

Mrs J Glynne

SECRETARY:

Mr N H Glynne

REGISTERED OFFICE:

c/o Buy It Direct Ltd

Unit 1 Trident Business Park

Neptune Way

Huddersfield

West Yorkshire

HD2 1UA

REGISTERED NUMBER:

10148689 (England and Wales)

ACCOUNTANTS:

Crowther Chartered Accountants

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

125

38,398

Investments

5

899,867

899,867

Investment property

6

4,142,415

4,142,415

5,042,407

5,080,680

CURRENT ASSETS

Debtors

7

1,209,133

646,761

Cash at bank

9,946

22,170

1,219,079

668,931

CREDITORS

Amounts falling due within one year

8

4,948,626

4,770,816

NET CURRENT LIABILITIES

(3,729,547

)

(4,101,885

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,312,860

978,795

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

1,312,856

978,791

SHAREHOLDERS' FUNDS

1,312,860

978,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 5 December 2025 and were signed on its behalf by:

Mr N H Glynne - Director

1.	STATUTORY INFORMATION

JJIG 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 May 2024

193

68,000

68,193

Disposals

-

(68,000

)

(68,000

)

At 30 April 2025

193

-

193

DEPRECIATION

At 1 May 2024

45

29,750

29,795

Charge for year

23

-

23

Eliminated on disposal

-

(29,750

)

(29,750

)

At 30 April 2025

68

-

68

NET BOOK VALUE

At 30 April 2025

125

-

125

At 30 April 2024

148

38,250

38,398

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

and 30 April 2025

899,867

NET BOOK VALUE

At 30 April 2025

899,867

At 30 April 2024

899,867

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 30 April 2025

4,142,415

NET BOOK VALUE

At 30 April 2025

4,142,415

At 30 April 2024

4,142,415

7.

DEBTORS

30.4.25

30.4.24

£

£

Amounts falling due within one year:

Amounts owed by associates

-

540

Other debtors

171,869

340,411

171,869

340,951

30.4.25

30.4.24

£

£

Amounts falling due after more than one year:

Other debtors

1,037,264

305,810

Aggregate amounts

1,209,133

646,761

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

8,732

1,308

Amounts owed to associates

4,765,582

4,668,984

Taxation and social security

134,159

81,758

Other creditors

40,153

18,766

4,948,626

4,770,816

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.04.25

30.04.24

£

£

Director 1

Balance outstanding at start of year

305,810

487,756

Amounts advanced

1,797,416

459,539

Amounts repaid

(1,065,962

)

(641,485

)

Balance outstanding at end of year

1,037,264

305,810

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owes £2,816,119 (2024 - £2,868,984) to NHGI Limited, £1,550,000 (2024 - £1,550,000) to One Fortress Ltd, £75,311 to Buy It Direct Limited, £55,000 to Ucover Limited and £45,000 to Trident 2010 Limited.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr N H Glynne.