IRIS Accounts Production v23.2.0.158 11575130 director 1.10.21 30.9.22 30.9.22 false true false false true false ORDINARY SHARES 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh115751302021-09-30115751302022-09-30115751302021-10-012022-09-30115751302020-09-30115751302020-10-012021-09-30115751302021-09-3011575130ns10:Originalns15:EnglandWales2021-10-012022-09-3011575130ns14:PoundSterlingns10:Original2021-10-012022-09-3011575130ns10:Originalns10:Director12021-10-012022-09-3011575130ns10:Original2021-10-012022-09-3011575130ns10:Original2022-09-3011575130ns10:Originalns10:PrivateLimitedCompanyLtd2021-10-012022-09-3011575130ns10:Originalns10:SmallEntities2021-10-012022-09-3011575130ns10:Originalns10:AuditExempt-NoAccountantsReport2021-10-012022-09-3011575130ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-10-012022-09-3011575130ns10:SmallCompaniesRegimeForAccountsns10:Original2021-10-012022-09-3011575130ns10:Originalns10:FullAccounts2021-10-012022-09-3011575130ns10:Originalns10:OrdinaryShareClass12021-10-012022-09-3011575130ns10:Original2021-09-3011575130ns10:Originalns5:CurrentFinancialInstruments2022-09-3011575130ns10:Originalns5:CurrentFinancialInstruments2021-09-3011575130ns10:Originalns5:Non-currentFinancialInstruments2022-09-3011575130ns10:Originalns5:Non-currentFinancialInstruments2021-09-3011575130ns5:ShareCapitalns10:Original2022-09-3011575130ns5:ShareCapitalns10:Original2021-09-3011575130ns10:Originalns5:RevaluationReserve2022-09-3011575130ns10:Originalns5:RevaluationReserve2021-09-3011575130ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3011575130ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-09-3011575130ns10:Originalns10:RegisteredOffice2021-10-012022-09-3011575130ns10:Original2020-10-012021-09-3011575130ns10:Originalns5:LandBuildings2021-09-3011575130ns10:Originalns5:LandBuildings2021-10-012022-09-3011575130ns10:Originalns5:LandBuildings2022-09-3011575130ns10:Originalns5:LandBuildings2021-09-3011575130ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3011575130ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-09-3011575130ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-09-3011575130ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2021-09-3011575130ns10:Originalns10:OrdinaryShareClass12022-09-3011575130ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-09-3011575130ns10:Originalns5:RevaluationReserve2021-09-3011575130ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-10-012022-09-30
REGISTERED NUMBER: 11575130 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2022

for

Jsms Trading Limited

Jsms Trading Limited (Registered number: 11575130)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Balance Sheet 1

Notes to the Financial Statements 3


Jsms Trading Limited (Registered number: 11575130)

Balance Sheet
30 September 2022

30.9.22 30.9.21
Notes £ £
Fixed assets
Tangible assets 4 1,285,000 1,035,000

Current assets
Debtors 5 2,500 2,500
Cash at bank 51,859 12,501
54,359 15,001
Creditors
Amounts falling due within one year 6 (99,678 ) (130,867 )
Net current liabilities (45,319 ) (115,866 )
Total assets less current liabilities 1,239,681 919,134

Creditors
Amounts falling due after more than
one year

7

(543,000

)

(423,000

)
Net assets 696,681 496,134

Capital and reserves
Called up share capital 9 486,330 486,330
Revaluation reserve 10 200,000 -
Retained earnings 10 10,351 9,804
Shareholders' funds 696,681 496,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Jsms Trading Limited (Registered number: 11575130)

Balance Sheet - continued
30 September 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:





Pervaiz Maqsood - Director


Jsms Trading Limited (Registered number: 11575130)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. Statutory information

Jsms Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11575130

Registered office: Kamp Accountants, Marshall House
Suite 21/25 124 Middleton Road
Morden
Surrey
SM4 6RW

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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Jsms Trading Limited (Registered number: 11575130)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

3. Employees and directors

The average number of employees during the year was 1 (2021 - 2 ) .

4. Tangible fixed assets
Freehold
property
£
Cost or valuation
At 1 October 2021 1,035,000
Additions 50,000
Revaluations 200,000
At 30 September 2022 1,285,000
Net book value
At 30 September 2022 1,285,000
At 30 September 2021 1,035,000

Cost or valuation at 30 September 2022 is represented by:

Freehold
property
£
Valuation in 0 1,285,000

5. Debtors: amounts falling due within one year
30.9.22 30.9.21
£ £
Other debtors 2,500 2,500

6. Creditors: amounts falling due within one year
30.9.22 30.9.21
£ £
Bank loans and overdrafts (see note 8)
-

15,000
Trade creditors - 160
Corporation tax 1,418 5,691
Proposed dividends - 11,425
Other creditors 98,260 98,591
99,678 130,867

7. Creditors: amounts falling due after more than one year
30.9.22 30.9.21
£ £
Bank loans (see note 8) 543,000 423,000

Jsms Trading Limited (Registered number: 11575130)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

8. Loans

An analysis of the maturity of loans is given below:

30.9.22 30.9.21
£ £
Amounts falling due within one year or on demand:
Bank loans < 1 year - 15,000

Amounts falling due between one and two years:
Bank loans > 1 year 543,000 423,000

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.22 30.9.21
value: £ £
100 ORDINARY SHARES 1 486,330 486,330

10. Reserves
Retained Revaluation
earnings reserve Totals
£ £ £

At 1 October 2021 9,804 - 9,804
Profit for the year 6,047 6,047
Dividends (5,500 ) (5,500 )
bf profit - 200,000 200,000
At 30 September 2022 10,351 200,000 210,351