Juratone Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02805816 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Juratone Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Biles

R C Biles

SECRETARY:

R C Biles

REGISTERED OFFICE:

Llanmaes

Michaelston Road

St Fagans

Cardiff

CF5 6DU

REGISTERED NUMBER:

02805816 (England and Wales)

ACCOUNTANT:

Child & Child Limited

Chartered Accountants

One Strand

London

WC2N 5EJ

FIXED ASSETS

Tangible assets

4

5,683

11,023

Investments

5

4,000

Investment property

6

3,461,359

3,471,042

3,476,382

CURRENT ASSETS

Debtors

7

2,793,690

2,497,859

Cash at bank and in hand

1,214

953

2,794,904

2,498,812

CREDITORS

Amounts falling due within one year

8

(3,141,125

)

(3,007,720

)

NET CURRENT LIABILITIES

(346,221

)

(508,908

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,124,821

2,967,474

CREDITORS

Amounts falling due after more than
one year

9

(4,355

)

-

PROVISIONS FOR LIABILITIES

11

(441,500

)

(441,500

)

NET ASSETS

2,678,966

2,525,974

CAPITAL AND RESERVES

Called up share capital

101,750

Share premium

213,000

Revaluation reserve

12

1,495,500

Retained earnings

868,716

715,724

SHAREHOLDERS' FUNDS

2,678,966

2,525,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 17 December 2025 and were signed on its behalf by:

A J Biles - Director

1.	STATUTORY INFORMATION

Juratone 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Tangible assets

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

Plant and machinery - 25% on cost

Motor vehicles - 25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

100,761

DEPRECIATION

At 1 April 2024

89,738

Charge for year

5,340

At 31 March 2025

95,078

NET BOOK VALUE

At 31 March 2025

5,683

At 31 March 2024

11,023

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

4,000

NET BOOK VALUE

At 31 March 2025

4,000

At 31 March 2024

4,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,461,359

NET BOOK VALUE

At 31 March 2025

3,461,359

At 31 March 2024

3,461,359

Fair value at 31 March 2025 is represented by:

£

Valuation in 2000

387,500

Valuation in 2005

120,000

Valuation in 2008

85,000

Valuation in 2011

205,000

Valuation in 2015

625,000

Valuation in 2022

345,000

Cost

1,693,859

3,461,359

If the long leasehold properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

752,500

The long leasehold properties were valued on an open market basis on 31 January 2022 by Symington Elvery chartered surveyors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

3,000

-

Other debtors

2,790,690

2,497,859

2,793,690

2,497,859

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

2,431,000

Hire purchase contracts

3,770

11,765

Trade creditors

158,089

126,717

Amounts owed to group undertakings

213,207

Taxation and social security

129,751

83,045

Other creditors

205,308

141,986

3,141,125

3,007,720

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts

4,355

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

2,431,000

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

356,500

Other provisions

85,000

441,500

Provision

for

Deferred

major

tax

works

£

Balance at 1 April 2024

356,500

85,000

Balance at 31 March 2025

356,500

85,000

12.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

1,495,500

13.	ULTIMATE CONTROLLING PARTY

The company is a subsidiary undertaking of Penlee Holdings Limited, a company incorporated and registered in Guernsey. Penlee Holdings Limited is the parent undertaking and heads the largest group for which group financial statements are prepared and of which the Company is a member.

The Ultimate controlling party is The Penlee Foundation domiciled in the Commonwealth of the Bahamas.