REGISTERED NUMBER: 14509850 (England and Wales)

JEFE HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J S T Cadisch

H E T Cadisch

A F T Cadisch

REGISTERED OFFICE:

Unit 2 The I O Centre

Hatfield

Herts

London

AL10 9EW

REGISTERED NUMBER:

14509850 (England and Wales)

ACCOUNTANTS:

Beavis Morgan LLP

3rd Floor

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Investment property

4

1,425,628

1,425,628

CURRENT ASSETS

Debtors

5

582,416

320,593

Cash at bank and in hand

46,603

286,405

629,019

606,998

CREDITORS

Amounts falling due within one year

6

1,341,022

1,304,949

NET CURRENT LIABILITIES

(712,003

)

(697,951

)

TOTAL ASSETS LESS CURRENT LIABILITIES

713,625

727,677

CREDITORS

Amounts falling due after more than one year

7

692,935

705,412

NET ASSETS

20,690

22,265

CAPITAL AND RESERVES

Called up share capital

9

150

150

Retained earnings

20,540

22,115

SHAREHOLDERS' FUNDS

20,690

22,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2026 and were signed on its behalf by:

H E T Cadisch - Director

1.	STATUTORY INFORMATION

Jefe Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade creditors are classified as basic financial instruments and measured at initial recognition at transaction price.Creditors are subsequently measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are integral part of the company’s cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and Loss, 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing

borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of

transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

1,425,628

NET BOOK VALUE

At 30 November 2025

1,425,628

At 30 November 2024

1,425,628

The investment property was valued at £1,425,628 on 30 November 2025 by the directors on an open market basis and had a cost of £1,425,628.

There has been no valuation of investment property by an independent valuer.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

32,416

6,957

Other debtors

550,000

313,636

582,416

320,593

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

29,476

29,476

Trade creditors

-

34,498

Taxation and social security

8,785

3,181

Other creditors

1,302,761

1,237,794

1,341,022

1,304,949

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

692,935

705,412

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

575,032

587,509

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

722,411

734,888

The bank loan is secured by way of fixed charge on the investment property of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

150

Ordinary

£1

150

150

10.	RELATED PARTY DISCLOSURES

Included in debtors, amounts falling due within one year, is an amount of £582,416 (2024: £317,212) owed by related parties.

Included in creditors, amounts falling due within one year, is an amount of £1,300,241 (2024: £1,235,368) owed to relates parties.