REGISTERED NUMBER: 00275938 (England and Wales)

JAMES HOLDSWORTH & BROTHERS GROUP

LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr W A Holdsworth

Mr M J Campbell

Mr D M Campbell

Mr J A Holdsworth

Mrs A Holdsworth

SECRETARY:

Mr M J Campbell

REGISTERED OFFICE:

Unit 3A Holme Mills

West Slaithwaite Road

Marsden

Huddersfield

West Yorkshire

HD7 6LS

REGISTERED NUMBER:

00275938 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

BANKERS:

Handelsbanken

12 Longbow Close

Pennine Business Park

Bradley

Huddersfield

HD2 1GQ

FIXED ASSETS

Tangible assets

4

404

2,535

Investments

5

-

10

Investment property

6

3,365,000

3,060,000

3,365,404

3,062,545

CURRENT ASSETS

Debtors

7

24,577

152,649

Cash at bank

122,675

70,193

147,252

222,842

CREDITORS

Amounts falling due within one year

8

(255,439

)

(307,161

)

NET CURRENT LIABILITIES

(108,187

)

(84,319

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,257,217

2,978,226

CREDITORS

Amounts falling due after more than one year

9

(607,500

)

(667,500

)

PROVISIONS FOR LIABILITIES

12

(94,687

)

-

NET ASSETS

2,555,030

2,310,726

CAPITAL AND RESERVES

Called up share capital

11,060

11,060

Non-distributable reserve

13

890,323

680,010

Retained earnings

1,653,647

1,619,656

SHAREHOLDERS' FUNDS

2,555,030

2,310,726

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 April 2026 and were signed on its behalf by:

Mr W A Holdsworth - Director

Mr M J Campbell - Director

1.	STATUTORY INFORMATION

James Holdsworth & Brothers 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.

Turnover

Turnover represents net invoiced rents and service charges, excluding value added tax, recognised on an accruals basis.

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 etc

-

25% on cost and 20% on cost

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.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, bank loans and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Taxation

Taxation for the year comprises 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.

Deferred taxation assets and liabilities are not discounted.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

10,030

DEPRECIATION

At 1 September 2024

7,495

Charge for year

2,131

At 31 August 2025

9,626

NET BOOK VALUE

At 31 August 2025

404

At 31 August 2024

2,535

5.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

At 1 September 2024

10

Disposals

(10

)

At 31 August 2025

-

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

10

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

3,060,000

Revaluations

305,000

At 31 August 2025

3,365,000

NET BOOK VALUE

At 31 August 2025

3,365,000

At 31 August 2024

3,060,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2025

3,365,000

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

2025

2024

£

£

Cost

2,302,391

2,302,391

Investment properties were valued on an open market basis on 20 August 2025 by Bramleys .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,408

18,756

Other debtors

169

133,893

24,577

152,649

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,000

40,000

Trade creditors

47,683

19,051

Taxation and social security

16,428

4,124

Other creditors

141,328

243,986

255,439

307,161

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

607,500

667,500

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

367,500

507,500

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Between one and five years

27,144

-

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

657,500

707,500

Handelsbanken PLC holds an unlimited guarantee for James Holdsworth & Brothers Group Limited. The guarantee is secured by a fixed and floating charge on the property, assets and undertakings of the group.

The Coronavirus Business Interruption Loan is partly secured under government backed initiatives and against company assets.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Revaluation surplus

94,687

-

Deferred

tax

£

Charge to Income Statement during year

94,687

Balance at 31 August 2025

94,687

13.

RESERVES

Non-distributable

reserve

£

At 1 September 2024

680,010

Revaluation

210,313

At 31 August 2025

890,323

14.	RELATED PARTY DISCLOSURES

Loans owing to the directors on an interest free basis of £70,473 (2024: £96,044) were outstanding at the year end. Loans will be repaid when funds permit.

At 31 August 2024, there was a balance of £133,705 due from a company in which James Holdsworth & Brothers Group Limited owned shares in. During the financial year the company entered liquidation and subsequently this balance was deemed irrecoverable and written off.