JPR Asset Holdings Limited - Filleted accounts

Registered number

04927933

JPR Asset Holdings Limited

Filleted Accounts

31 August 2025

JPR Asset Holdings Limited
Registered number:		04927933
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		3,934			-
Tangible assets	4		420,150			420,705
Investments	5		245,024			245,024
			669,108			665,729

Current assets
Stocks		784,494			784,494
Debtors	6	57,616			55,822
Cash at bank and in hand		17,035			20,755
		859,145			861,071

Creditors: amounts falling due within one year	7	(622,180)			(643,086)

Net current assets			236,965			217,985

Total assets less current liabilities			906,073			883,714

Creditors: amounts falling due after more than one year	8		(490,575)			(502,375)



Net assets			415,498			381,339

Capital and reserves
Called up share capital			100			100
Profit and loss account			415,398			381,239

Shareholders' funds			415,498			381,339

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


R Sinha
Director
Approved by the board on 20 May 2026

JPR Asset Holdings Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Land and buildings freehold	Not depreciated
	Land and buildings leasehold	Not depreciated
	Fixtures, fittings, tools and equipment	33% straight line

	The policy of not providing depreciation in respect of freehold land and buildings does not comply with current accounting standards. However, an impairment review is undertaken each year, and in the opinion of the directors, the current value of the buildings is not less than their original cost at which they are included in the financial statements.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		0


3	Intangible fixed assets					£


	Cost
	Additions					4,371
	At 31 August 2025					4,371

	Amortisation
	Provided during the year					437
	At 31 August 2025					437

	Net book value
	At 31 August 2025					3,934

	Intangible assets are written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 September 2024	419,595		5,884		425,479
	At 31 August 2025	419,595		5,884		425,479

	Depreciation
	At 1 September 2024	-		4,774		4,774
	Charge for the year	-		555		555
	At 31 August 2025	-		5,329		5,329

	Net book value
	At 31 August 2025	419,595		555		420,150
	At 31 August 2024	419,595		1,110		420,705
	Land and buildings includes freehold of £419,595 (2024 - £419,595).


5	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 September 2024					245,024

	At 31 August 2025					245,024
	Details of the company's subsidiaries at 31 August 2025 were as follows: Caspian Asset Management Limited - 100% of Ordinary Share Capital held.


6	Debtors			2025		2024
£					£

	Other debtors and prepayments			57,616		55,822


7	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank and other loans			1,800		2,400
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			107,094		108,057
	Taxation and social security costs			11,643		12,208
	Other creditors and accruals			501,643		520,421
				622,180		643,086


8	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank and other loans			15,575		27,375
	Other creditors			475,000		475,000
				490,575		502,375


9	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			15,575		25,575

	Bank loans are secured by way of a fixed and floating charge over the assets of the company.


10	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			6,226		-


11	Controlling party

	The company is under the control of the director.


12	Other information

	JPR Asset Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Office 1
	Izabella House
	24-26 Regent Place
	Birmingham
	B1 3NJ