G&J Family Investments Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 09986253 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2023

for

G&J Family Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Thirkell

G Thirkell

REGISTERED OFFICE:

3rd Floor

56 Wellington Street

Leeds

LS1 2EE

REGISTERED NUMBER:

09986253 (England and Wales)

ACCOUNTANTS:

Haines Watts

Chartered Accountants

3rd Floor

56 Wellington Street

Leeds

West Yorkshire

LS1 2EE

BANKERS:

Yorkshire Bank

14 Broadway

Bradford

BD1 1EZ

FIXED ASSETS

Investments

5

1

1

CURRENT ASSETS

Debtors

6

115,001

125,001

Cash at bank

22

8

115,023

125,009

CREDITORS

Amounts falling due within one year

7

51

51

NET CURRENT ASSETS

114,972

124,958

TOTAL ASSETS LESS CURRENT LIABILITIES

114,973

124,959

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

114,967

124,953

114,973

124,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 15 September 2023 and were signed on its behalf by:

G Thirkell - Director

1.	STATUTORY INFORMATION

G&J Family 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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 other third parties, loans to related parties and investments in non-puttable ordinary shares.

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are measured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such as investments are stated at historic cost less impairment.

Investments in listed company share are measured to market value at each Balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

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.

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.

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.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2022

and 28 February 2023

1

NET BOOK VALUE

At 28 February 2023

1

At 28 February 2022

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other debtors

115,001

125,001

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other creditors

51

51

8.	RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under Section 1A of FRS 102.