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REGISTERED NUMBER: 05023243 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

JKM Technologies Ltd

JKM Technologies Ltd (Registered number: 05023243)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

JKM Technologies Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTOR: M J W Wing





SECRETARY: Mrs S J Wing





REGISTERED OFFICE: Suite 9
Cromwell Business Centre
High Street
Chapel-en-le-Frith
High Peak
SK23 0HD





REGISTERED NUMBER: 05023243 (England and Wales)





ACCOUNTANTS: Stoney Philbin & Company Limited
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD

JKM Technologies Ltd (Registered number: 05023243)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,960 3,946

CURRENT ASSETS
Debtors 5 38,084 49,125
Cash at bank 63,578 70,034
101,662 119,159
CREDITORS
Amounts falling due within one year 6 65,692 63,764
NET CURRENT ASSETS 35,970 55,395
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,930

59,341

CREDITORS
Amounts falling due after more than
one year

7

27,442

37,271
NET ASSETS 11,488 22,070

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,388 21,970
SHAREHOLDERS' FUNDS 11,488 22,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

JKM Technologies Ltd (Registered number: 05023243)

Balance Sheet - continued
31 January 2023


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 20 July 2023 and were signed by:





M J W Wing - Director


JKM Technologies Ltd (Registered number: 05023243)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

JKM Technologies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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.
Plant and machinery etc - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

JKM Technologies Ltd (Registered number: 05023243)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 2,437 15,279 17,716
DEPRECIATION
At 1 February 2022 2,437 11,333 13,770
Charge for year - 986 986
At 31 January 2023 2,437 12,319 14,756
NET BOOK VALUE
At 31 January 2023 - 2,960 2,960
At 31 January 2022 - 3,946 3,946

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 38,084 47,125
Other debtors - 2,000
38,084 49,125

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 9,829 9,587
Trade creditors 3,513 798
Tax 15,363 19,266
Social security and other taxes 25,504 26,998
Directors' loan accounts 11,083 6,715
Accrued expenses 400 400
65,692 63,764

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans - 2-5 years 27,442 37,271

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
JKM Technologies Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JKM Technologies Ltd for the year ended 31 January 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of JKM Technologies Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JKM Technologies Ltd and state those matters that we have agreed to state to the director of JKM Technologies Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that JKM Technologies Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JKM Technologies Ltd. You consider that JKM Technologies Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JKM Technologies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stoney Philbin & Company Limited
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD


20 July 2023