Company No: 12866977 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

J Samuels

REGISTERED OFFICE	11 Crooked Usage
	London
	N3 3HD
	United Kingdom

COMPANY NUMBER

12866977 (England and Wales)

ACCOUNTANT	Gravita Business Services II Limited
	Aldgate Tower
	2 Leman Street
	London
	E1 8FA
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Investments	3	4,116,985		3,868,523
		4,116,985		3,868,523
Current assets
Debtors	4	2,004		24,674
		2,004		24,674
Creditors: amounts falling due within one year	5	( 60,729)		( 10,768)
Net current (liabilities)/assets		(58,725)		13,906
Total assets less current liabilities		4,058,260		3,882,429
Net assets		4,058,260		3,882,429
Capital and reserves
Called-up share capital	6	7		7
Share premium account		2,277,994		2,277,994
Profit and loss account		1,780,259		1,604,428
Total shareholders' funds		4,058,260		3,882,429

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 JNS Holdco Limited (registered number: 12866977) were approved and authorised for issue by the Director on 30 June 2026. They were signed on its behalf by:

J Samuels 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

JNS Holdco 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 11 Crooked Usage, London, N3 3HD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include 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 £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

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.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	1,018,000		1,018,000
Participating interests	1,260,000		1,260,000
Other investments and loans	1,838,985		1,590,523
	4,116,985		3,868,523

Investments in subsidiaries

	2025
	£
Cost
At 01 October 2024	1,018,000
Additions	1
At 30 September 2025	1,018,001
Provisions for impairment
At 01 October 2024	0
Impairment	1
At 30 September 2025	1
Carrying value at 30 September 2025	1,018,000
Carrying value at 30 September 2024	1,018,000

	Listed investments		Investments in associates		Total
	£		£		£
Cost or valuation before impairment
At 01 October 2024	1,590,523		1,260,000		2,850,523
Additions	254,243		0		254,243
Movement in fair value	( 5,781)		0		( 5,781)
At 30 September 2025	1,838,985		1,260,000		3,098,985
Carrying value at 30 September 2025	1,838,985		1,260,000		3,098,985
Carrying value at 30 September 2024	1,590,523		1,260,000		2,850,523

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 30.09.2025	Ownership 30.09.2024	Held
63 Grays Inn Road Limited	UK	Investment property	Ordinary	100.00%	100.00%	Direct
Diamond Gate Investments Limited	UK	Investment company	Ordinary	100.00%	100.00%	Direct

4. Debtors

	2025		2024
	£		£
Amounts owed by own subsidiaries	0		22,668
Other debtors	2,004		2,006
	2,004		24,674

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to own subsidiaries	44,347		0
Taxation and social security	14,642		7,468
Other creditors	1,740		3,300
	60,729		10,768

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
742 Ordinary shares of £ 0.01 each (2024: 671 shares of £ 0.01 each)	7		7

On 30 April 2025, 71 ordinary shares of nominal value of £0.01 each were issued in exchange for shares in Upfront Car Holdings Limited for a total consideration of £0.71.

7. Related party transactions

Other related party transactions

At the year end, £44,347 was due to the Company's subsidiary (2024: £22,668 due from its subsidiary) Diamond Gate Investments Ltd, in respect of an interest-free loan which is repayable on demand.