Company Registration No. 12510589 (England and Wales)
Jmea Limited
Unaudited accounts
for the year ended 28 February 2023
Jmea Limited
Unaudited accounts
Contents
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
Jmea Limited
Statement of financial position
as at 28 February 2023
Intangible assets
40,000
45,000
Tangible assets
66,732
68,007
Cash at bank and in hand
45,669
39,925
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
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
Jmea Limited
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Goodwill
At 28 February 2023
40,000
At 28 February 2023
40,000
At 28 February 2022
45,000
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
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
At 28 February 2023
61,631
4,480
621
66,732
At 28 February 2022
61,631
5,600
776
68,007
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,490
5,000
Taxes and social security
8,634
5,630
Other creditors
82,468
67,985
Deferred income
10,233
21,471
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 5 (2022: 3).