208 | Just Group PLC | Annual Report and Accounts 2024
STATEMENT OF FINANCIAL POSITION OF THE COMPANY as at 31 December 2024
31 December 2024 £m
31 December 2023 £m
Note
Assets
Investments in Group undertakings
2 3
861 910
855 711
Loans to Group undertakings Property and equipment
5 –
3 1
Deferred tax
Total non-current assets
1,776
1,570
Financial investments
4
264
85
Prepayments and accrued income Loans to Group undertakings Amounts due from Group undertakings
–
1
3
51
300
–
1
Cash available on demand
15
12
Total current assets
330
399
Total assets
2,106
1,969
Equity Share capital Share premium Other reserves Retained earnings
5 5 6
104
104
93
93
297 445 939
295 462 954
Total equity attributable to shareholders of Just Group plc
322
322
Tier 1 notes Total equity
1,261
1,276
Liabilities
Subordinated debt
7
684
689
Lease liability
2
2
Total non-current liabilities
686
691
Subordinated debt
157
– 2 2
Other payables
2
Total current liabilities
159 845
Total liabilities
693
Total equity and liabilities
2,106
1,969
The Company has taken advantage of the exemption in Section 408 of the Companies Act 2006 not to present its own statement of comprehensive income. The profit arising in the year amounts to £17m (2023: £22m). The financial statements were approved by the Board of Directors on 6 March 2025 and were signed on its behalf by:
MARK GODSON Director Company number: 08568957
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