Company No: 14218415 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	20,494		27,326
Investment property	4	13,974,792		13,974,792
Investments	5	200		200
		13,995,486		14,002,318
Current assets
Debtors	6	184,838		185,454
Cash at bank and in hand		4,709,453		8,667,436
		4,894,291		8,852,890
Creditors: amounts falling due within one year	7	( 8,423,726)		( 12,482,111)
Net current liabilities		(3,529,435)		(3,629,221)
Total assets less current liabilities		10,466,051		10,373,097
Provision for liabilities		( 987,487)		( 990,089)
Net assets		9,478,564		9,383,008
Capital and reserves
Called-up share capital		10,184,800		10,184,800
Revaluation reserve		197,281		197,281
Profit and loss account		( 903,517 )		( 999,073 )
Total shareholders' funds		9,478,564		9,383,008

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of JWD Holdings Limited (registered number: 14218415) were approved and authorised for issue by the Board of Directors on 15 April 2026. They were signed on its behalf by:

Mrs Z J Spencer Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

JWD Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 9 Gedney Road, Long Sutton, Spalding, PE12 9HF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Vehicles

25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Tangible assets

	Vehicles		Total
	£		£
Cost
At 01 August 2024	44,843		44,843
At 31 July 2025	44,843		44,843
Accumulated depreciation
At 01 August 2024	17,517		17,517
Charge for the financial year	6,832		6,832
At 31 July 2025	24,349		24,349
Net book value
At 31 July 2025	20,494		20,494
At 31 July 2024	27,326		27,326

4. Investment property

	Investment property
	£
Valuation
As at 01 August 2024	13,974,792
As at 31 July 2025	13,974,792

5. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 August 2024	232,650		232,650
At 31 July 2025	232,650		232,650
Provisions for impairment
At 01 August 2024	232,450		232,450
At 31 July 2025	232,450		232,450
Carrying value at 31 July 2025	200		200
Carrying value at 31 July 2024	200		200

6. Debtors

	2025		2024
	£		£
Trade debtors	87,371		89,171
Other debtors	97,467		96,283
	184,838		185,454

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	46,679		27,091
Amounts owed to related parties	3,436,094		3,416,544
Amounts owed to directors	4,850,147		9,008,927
Accruals and deferred income	20,360		18,670
Taxation and social security	70,446		10,879
	8,423,726		12,482,111