Jandal Investments Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 00567623 (England and Wales)

JANDAL INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mrs D J Parker

A M J Parker

Mrs A E C Collins

SECRETARY:

Mrs D J Parker

REGISTERED OFFICE:

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

REGISTERED NUMBER:

00567623 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

CURRENT ASSETS

Investments

4

690,696

1,034,177

Cash at bank

10,672

12,670

701,368

1,046,847

CREDITORS

Amounts falling due within one year

5

5,119

6,743

NET CURRENT ASSETS

696,249

1,040,104

TOTAL ASSETS LESS CURRENT LIABILITIES

696,249

1,040,104

PROVISIONS FOR LIABILITIES

43,918

126,574

NET ASSETS

652,331

913,530

CAPITAL AND RESERVES

Called up share capital

6

100,000

100,000

Retained earnings

552,331

813,530

SHAREHOLDERS' FUNDS

652,331

913,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 and authorised for issue by the Board of Directors and authorised for issue on 27 February 2023 and were signed on its behalf by:

Mrs D J Parker - Director

1.	STATUTORY INFORMATION

Jandal Investments 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.

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Investments

Current asset investments are stated at fair value being the single unit price of the fund at the year end .

Turnover

Turnover comprises income from investments which is recognisable in the accounts as receivable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4.	CURRENT ASSET INVESTMENTS

2022

2021

£

£

Listed investments

690,696

1,034,177

Included within retained earnings at year end is £666,177 (2021: £581,219) relating to accumulated gain on the wealth management investment bond which, as this amount relates to unrealised gains, should be excluded from distributable profits.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

1

-

Taxation

2,860

4,756

Directors' current accounts

237

237

Accrued expenses

2,021

1,750

5,119

6,743

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2022

2021

value:

£

£

100,000

Share capital 1

£1

100,000

100,000