REGISTERED NUMBER: 16079006 (England and Wales)

Unaudited Financial Statements

for the Period 14 November 2024 to 31 December 2025

for

SJHCO Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W G Page

Mrs A M Page

REGISTERED OFFICE:

c/o King Hope

34 Romanby Road

NORTHALLERTON

North Yorkshire

DL7 8NF

REGISTERED NUMBER:

16079006 (England and Wales)

ACCOUNTANTS:

King Hope

34 Romanby Road

NORTHALLERTON

North Yorkshire

DL7 8NF

FIXED ASSETS

Investments

4

8,939,900

CURRENT ASSETS

Cash at bank and in hand

1,509,131

CREDITORS

Amounts falling due within one year

5

(10,025,521

)

NET CURRENT LIABILITIES

(8,516,390

)

TOTAL ASSETS LESS CURRENT LIABILITIES

423,510

PROVISIONS FOR LIABILITIES

(85,523

)

NET ASSETS

337,987

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

337,887

337,987

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

W G Page - Director

1.	STATUTORY INFORMATION

SJHCO 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.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary

amounts in these financial statements are rounded to the nearest £.

The company was incorporated on 14 November 2024 and commenced trading on 3 February 2025. The accounting reference date was changed to 31 December 2025 and as such does not reflect a 12 month period.

Revenue Recognition

Income in the accounts represents investment income from fixed asset investments and cash deposits and is recognised when the company's right to receive the income is established and the amount can be reliably measured. This income is included in 'Other Income'.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when

there is a legally enforceable right to set off the recognised amounts and there is an intention 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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference

shares that are classified as debt, 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.

Shareholder loans are unsecured, interest-free and repayable on demand. The shareholder loans are recognised at the amount payable and are classified as creditors falling due within one year.

Fixed asset investments

Fixed asset investments are initially recognised at the transaction price including any transaction costs. Subsequent to initial recognition, fixed asset investments are stated at fair value at each reporting date. Fair value is determined by reference to the quoted market closing bid price at the balance sheet date. All changes in fair value, including gains, losses, and reversals of previous impairments, are recognised directly in the profit or loss account.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

Additions

16,792,752

Disposals

(8,194,944

)

Revaluations

342,092

At 31 December 2025

8,939,900

NET BOOK VALUE

At 31 December 2025

8,939,900

Cost or valuation at 31 December 2025 is represented by:

Listed

investments

£

Valuation in 2025

342,092

Cost

8,597,808

8,939,900

If fixed asset investments had not been revalued they would have been included at the following historical cost:

£

Cost

8,597,808

Fixed asset investments were valued on an open market value basis on 31 December 2025 by James Hambro & Partners and Rothschild & Co Wealth Management.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

21,020

Other creditors

10,004,501

10,025,521

6.	RELATED PARTY DISCLOSURES

The Company is controlled by WG and Mrs AM Page, who are directors and shareholders of the Company. The Company has a family trust as a shareholder. WG and Mrs AM Page are trustees of the trust and their children are beneficiaries of the trust.

During the year, the Company received interest-free loans from:

-

directors and shareholders of the Company;

-

shareholders who are adult children of the Company's directors; and

-

the family trust, which is a shareholder of the Company.

The loans are unsecured, interest-free and repayable on demand.

The total amount outstanding to all related parties at 31 December 2025 was £9,990,076, is included within other creditors.

During the year a total of £10,000,000 was advanced from related parties, with £9,924 repaid during the year.