REGISTERED NUMBER: 07941948 (England and Wales)

JEM Fruit Group Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

B Butler

E J Fleming

REGISTERED OFFICE:

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

REGISTERED NUMBER:

07941948 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Investments

4

36,924

36,924

Investment property

5

3,280,000

1,380,000

3,316,924

1,416,924

CURRENT ASSETS

Debtors

6

644

1,892

Cash at bank

1,259

348

1,903

2,240

CREDITORS

Amounts falling due within one year

7

507,611

519,862

NET CURRENT LIABILITIES

(505,708

)

(517,622

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,811,216

899,302

CREDITORS

Amounts falling due after more than one year

8

(1,411,091

)

(163,143

)

PROVISIONS FOR LIABILITIES

(289,600

)

(123,648

)

NET ASSETS

1,110,525

612,511

CAPITAL AND RESERVES

Called up share capital

27

27

Fair value reserve

868,800

370,946

Retained earnings

241,698

241,538

SHAREHOLDERS' FUNDS

1,110,525

612,511

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 30 December 2025 and were signed on its behalf by:

E J Fleming - Director

B Butler - Director

1.	STATUTORY INFORMATION

JEM Fruit Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about JEM Fruit Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income recognition

Income represents the fair value of rental income and service charges receivable derived from the provision of rental space to tenants during the year, and is recognised when the company becomes entitled to it, usually on the rendering of an invoice. The company also receives dividends from its subsidiary.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Investment property

Investment property is included at fair value. Gains are recognised in the income statement and shown in a fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised at amortised cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

36,924

NET BOOK VALUE

At 31 March 2025

36,924

At 31 March 2024

36,924

The company has investments in the following subsidiary undertakings and associates.

Country of incorporation

Principal activity

Holding

%

Subsidiary undertakings

Jem Fruits Limited

England & Wales

Fruit & Veg wholesale

Ordinary shares

100

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,380,000

Additions

1,236,194

Revaluations

663,806

At 31 March 2025

3,280,000

NET BOOK VALUE

At 31 March 2025

3,280,000

At 31 March 2024

1,380,000

The investment property was valued on a fair value basis by the directors on 31 March 2025.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

644

1,892

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

56,345

78,064

Amounts owed to group undertakings

413,361

370,973

Taxation and social security

1,038

22,112

Other creditors

36,867

48,713

507,611

519,862

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,411,091

163,143

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,467,436

241,207

The loans are secured by charges over all the property or undertaking of the company.

10.	OTHER FINANCIAL COMMITMENTS

The company has granted cross guarantees to Barclays Bank PLC in respect of borrowings made to its subsidiary JEM Fruits Limited by the bank.