REGISTERED NUMBER: 09372637 (England and Wales)

Financial Statements

for the Year Ended

31 December 2024

for

Jacob Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A B Yaqub

REGISTERED OFFICE:

Springfield Mill House

121 Walsall Road

Darlaston

West Midlands

WS10 9JU

REGISTERED NUMBER:

09372637 (England and Wales)

ACCOUNTANTS:

Nicklin Accountancy Services Limited

Church Court

Stourbridge Road

Halesowen

West Midlands

B63 3TT

FIXED ASSETS

Tangible assets

4

15,968

21,053

Investment property

5

1,976,360

1,976,360

1,992,328

1,997,413

CURRENT ASSETS

Debtors

6

326,359

454,470

Cash at bank

76,189

5

402,548

454,475

CREDITORS

Amounts falling due within one year

7

812,747

843,696

NET CURRENT LIABILITIES

(410,199

)

(389,221

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,582,129

1,608,192

CREDITORS

Amounts falling due after more than one year

8

(471,548

)

(503,098

)

PROVISIONS FOR LIABILITIES

(245,550

)

(245,550

)

NET ASSETS

865,031

859,544

CAPITAL AND RESERVES

Called up share capital

10

1

1

Fair value reserve

11

766,343

766,343

Retained earnings

98,687

93,200

SHAREHOLDERS' FUNDS

865,031

859,544

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 22 December 2025 and were signed by:

A B Yaqub - Director

1.	STATUTORY INFORMATION

Jacob Investments 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

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 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

51,732

Additions

214

At 31 December 2024

51,946

DEPRECIATION

At 1 January 2024

30,679

Charge for year

5,299

At 31 December 2024

35,978

NET BOOK VALUE

At 31 December 2024

15,968

At 31 December 2023

21,053

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,976,360

NET BOOK VALUE

At 31 December 2024

1,976,360

At 31 December 2023

1,976,360

In January 2022 the Investment properties were revalued by L & P Property Consultancy Limited and the director has incorporated these valuations into the year end accounts on the basis that the valuation of the property would not be materially different at 31st December 2024.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2017

62,131

Valuation in 2018

1,806

Valuation in 2019

3,909

Valuation in 2020

40,575

Valuation in 2021

925,070

Cost

942,869

1,976,360

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

7,150

15,381

Amounts owed by group undertakings

318,589

439,089

Other debtors

620

-

326,359

454,470

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

24,200

24,200

Trade creditors

10,342

3,852

Amounts owed to group undertakings

230,157

258,791

Taxation and social security

3,571

7,216

Other creditors

544,477

549,637

812,747

843,696

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

445,048

470,088

Other creditors

26,500

33,010

471,548

503,098

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

348,248

373,288

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

469,248

494,288

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

1

1

1

11.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

766,343

12.	RELATED PARTY DISCLOSURES

At the balance sheet date £518,922 (2023: £529,277) was owed to the director of the company.

At the balance sheet date the aggregate amount owed to the company by other companies controlled by the director was £88,432 (2023: £180,297).

The director has personally guaranteed loans to the company amounting to £232,000.