1 March 2022 false No description of principal activity Taxfiler 2023.9 12510589business:PrivateLimitedCompanyLtd2022-03-012023-02-28 125105892022-02-28 125105892022-03-012023-02-28 12510589business:AuditExemptWithAccountantsReport2022-03-012023-02-28 12510589business:FilletedAccounts2022-03-012023-02-28 125105892023-02-28 12510589business:Director12022-03-012023-02-28 12510589business:RegisteredOffice2022-03-012023-02-28 125105892022-02-28 12510589core:WithinOneYear2023-02-28 12510589core:WithinOneYear2022-02-28 12510589core:AfterOneYear2023-02-28 12510589core:AfterOneYear2022-02-28 12510589core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 12510589core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 12510589core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12510589core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 12510589core:PreviouslyStatedAmount2023-02-28 12510589core:PreviouslyStatedAmount2022-02-28 12510589business:SmallEntities2022-03-012023-02-28 12510589countries:EnglandWales2022-03-012023-02-28 12510589core:LandBuildings2022-03-012023-02-28 12510589core:MotorVehicles2022-03-012023-02-28 12510589core:ComputerEquipment2022-03-012023-02-28 12510589core:Goodwill2022-02-28 12510589core:Goodwill2022-03-012023-02-28 12510589core:Goodwill2023-02-28 12510589core:LandBuildings2022-02-28 12510589core:MotorVehicles2022-02-28 12510589core:ComputerEquipment2022-02-28 12510589core:LandBuildings2023-02-28 12510589core:MotorVehicles2023-02-28 12510589core:ComputerEquipment2023-02-28 125105892021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 12510589 (England and Wales)
Jmea Limited Unaudited accounts for the year ended 28 February 2023
Jmea Limited Unaudited accounts Contents
Page
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Jmea Limited Company Information for the year ended 28 February 2023
Director
Samanpreet Singh Bagri
Company Number
12510589 (England and Wales)
Registered Office
John Miller Estate Agents 386 High Street West Bromwich West Midlands B70 9LB England
Accountants
SKN Services Limited SKN Business Centre 1 Guildford St Birmingham B19 2HN
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Jmea Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
40,000 
45,000 
Tangible assets
66,732 
68,007 
106,732 
113,007 
Current assets
Debtors
3,000 
68 
Cash at bank and in hand
45,669 
39,925 
48,669 
39,993 
Creditors: amounts falling due within one year
(130,682)
(100,086)
Net current liabilities
(82,013)
(60,093)
Total assets less current liabilities
24,719 
52,914 
Creditors: amounts falling due after more than one year
(43,541)
(48,873)
Net (liabilities)/assets
(18,822)
4,041 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(18,922)
3,941 
Shareholders' funds
(18,822)
4,041 
For the year ending 28 February 2023 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 5 October 2023 and were signed on its behalf by
Samanpreet Singh Bagri Director Company Registration No. 12510589
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Jmea Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Jmea Limited is a private company, limited by shares, registered in England and Wales, registration number 12510589. The registered office is John Miller Estate Agents, 386 High Street , West Bromwich, West Midlands, B70 9LB, England.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Land & buildings
Not Depreciated
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
45,000 
Disposals
(5,000)
At 28 February 2023
40,000 
Amortisation
At 1 March 2022
- 
At 28 February 2023
- 
Net book value
At 28 February 2023
40,000 
At 28 February 2022
45,000 
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Jmea Limited Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
61,631 
7,000 
970 
69,601 
At 28 February 2023
61,631 
7,000 
970 
69,601 
Depreciation
At 1 March 2022
- 
1,400 
194 
1,594 
Charge for the year
- 
1,120 
155 
1,275 
At 28 February 2023
- 
2,520 
349 
2,869 
Net book value
At 28 February 2023
61,631 
4,480 
621 
66,732 
At 28 February 2022
61,631 
5,600 
776 
68,007 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
68 
Other debtors
3,000 
- 
3,000 
68 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
27,027 
- 
Trade creditors
1,490 
5,000 
Taxes and social security
8,634 
5,630 
Other creditors
82,468 
67,985 
Accruals
830 
- 
Deferred income
10,233 
21,471 
130,682 
100,086 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
43,541 
48,873 
9
Average number of employees
During the year the average number of employees was 5 (2022: 3).
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