ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 11568980

JGB SHORT INVESTMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

JGB SHORT INVESTMENTS LIMITED

REGISTERED NUMBER: 11568980

BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		419,551		419,551
Current assets
Debtors: amounts falling due within one year	5	5,718		32,150
Cash at bank and in hand		4,670		3,064
		10,388		35,214
Creditors: amounts falling due within one year	6	(229,926)		(226,570)
Net current liabilities			(219,538)		(191,356)
Total assets less current liabilities			200,013		228,195
Creditors: amounts falling due after more than one year	7		(190,550)		(185,000)

Net assets			9,463		43,195

Capital and reserves
Called up share capital	9	150	150
Profit and loss account	10	9,313	43,045
		9,463	43,195

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JGB SHORT INVESTMENTS LIMITED

REGISTERED NUMBER: 11568980

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 August 2026.

G R Short

Director

The notes on pages 3 to 7 form part of these financial statements.

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JGB SHORT INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

1.	General information

JGB Short Investments Limited ("the company") is a company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.

The principal activity of the company is that of a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.4

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Investment Income

Investment income is recognised on the accrual basis. The company has no other forms of revenue.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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JGB SHORT INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and othert hird parties, loans to related parties and investments in ordinary shares.

2.11

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.12

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.13

Interest income

Interest income is recognised in Profit or loss using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 3 (2024 - 3).

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JGB SHORT INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

4.	Fixed asset investments

	Investment Property	Unlisted investments	Total
	£	£	£
Cost
At 1 September 2024	419,503	48	419,551
At 31 August 2025	419,503	48	419,551

Net book value
At 31 August 2025	419,503	48	419,551

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JGB SHORT INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

Debtors

					2025	2024
					£	£


Other debtors	150	32,150
Prepayments and accrued income	5,568	-

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Other creditors	229,926	226,570

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Bank loans	190,550	185,000

Bank loans of £190,550 (2024 - £185,000) are secured against the investment property held by the company.



Amounts falling due 2-5 years
Bank loans	190,550	185,000

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JGB SHORT INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

9.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

150 (2024 - 150) Ordinary shares of £1.00 each	150	150

10.

Reserves

Profit and loss account

The profit and loss account represents cumulative distributable profits and losses net of dividends and other adjustments.

11.	Related party transactions
	Included within other creditors at the year end are amounts of £229,506 (2024 - £226,150) owed to connected companies.

12.	Controlling party

The company considers there to be no sole ultimate controlling party. Instead, the three shareholders are considered to have an equal share of control.

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