JKJSM Ltd

JKJSM Ltd

JKJSM LTD - Company Information

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1 August 2018 false No description of principal activity Taxfiler 2020.8.1 10301541business:PrivateLimitedCompanyLtd2018-08-012019-07-31 103015412018-07-31 103015412018-08-012019-07-31 10301541business:AuditExemptWithAccountantsReport2018-08-012019-07-31 10301541business:AbridgedAccounts2018-08-012019-07-31 103015412019-07-31 10301541business:Director12018-08-012019-07-31 10301541business:Director22018-08-012019-07-31 10301541business:RegisteredOffice2018-08-012019-07-31 103015412018-07-31 10301541core:WithinOneYear2019-07-31 10301541core:WithinOneYear2018-07-31 10301541core:AfterOneYear2019-07-31 10301541core:AfterOneYear2018-07-31 10301541core:ShareCapital2019-07-31 10301541core:ShareCapital2018-07-31 10301541core:RetainedEarningsAccumulatedLosses2019-07-31 10301541core:RetainedEarningsAccumulatedLosses2018-07-31 10301541business:SmallEntities2018-08-012019-07-31 10301541countries:EnglandWales2018-08-012019-07-31 10301541core:PlantMachinery2018-08-012019-07-31 10301541core:FurnitureFittings2018-08-012019-07-31 103015412017-08-012018-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10301541 (England and Wales)
JKJSM Ltd Unaudited accounts for the year ended 31 July 2019
JKJSM Ltd Unaudited accounts Contents
Page
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JKJSM Ltd Company Information for the year ended 31 July 2019
Directors
Jasam Majid Kate Milne Majid
Company Number
10301541 (England and Wales)
Registered Office
Dares Farm House Farnham Road Ewshot Farnham Hampshire GU10 5BB
Accountants
Howarth Armsby Studio House Delamare Road Cheshunt Hertfordshire EN8 9SH
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of JKJSM Ltd for the year ended 31 July 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JKJSM Ltd for the year ended 31 July 2019 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Howarth Armsby Chartered Accountants Studio House Delamare Road Cheshunt Hertfordshire EN8 9SH 19 June 2020
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JKJSM Ltd Statement of financial position as at 31 July 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,449,409 
1,441,178 
Current assets
Debtors
52,312 
2,939 
Cash at bank and in hand
13,755 
32,715 
66,067 
35,654 
Creditors: amounts falling due within one year
(652,597)
(547,630)
Net current liabilities
(586,530)
(511,976)
Total assets less current liabilities
862,879 
929,202 
Creditors: amounts falling due after more than one year
(729,211)
(821,571)
Net assets
133,668 
107,631 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
133,666 
107,629 
Shareholders' funds
133,668 
107,631 
For the year ending 31 July 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2020 and were signed on its behalf by
Jasam Majid Director Company Registration No. 10301541
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JKJSM Ltd Notes to the Accounts for the year ended 31 July 2019
1
Statutory information
JKJSM Ltd is a private company, limited by shares, registered in England and Wales, registration number 10301541. The registered office is Dares Farm House Farnham Road, Ewshot, Farnham, Hampshire, GU10 5BB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 July 2019 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2017. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2018
1,441,964 
Additions
11,634 
At 31 July 2019
1,453,598 
Depreciation
At 1 August 2018
786 
Charge for the year
3,403 
At 31 July 2019
4,189 
Net book value
At 31 July 2019
1,449,409 
At 31 July 2018
1,441,178 
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JKJSM Ltd Notes to the Accounts for the year ended 31 July 2019
5
Average number of employees
During the year the average number of employees was 2 (2018: 2).
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