1 March 2022 false No description of principal activity Taxfiler 2023.9 11203077business:PrivateLimitedCompanyLtd2022-03-012023-02-28 112030772022-02-28 112030772022-03-012023-02-28 11203077business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 11203077business:FilletedAccounts2022-03-012023-02-28 112030772023-02-28 112030772022-02-28 11203077core:WithinOneYear2023-02-28 11203077core:WithinOneYear2022-02-28 11203077core:AfterOneYear2023-02-28 11203077core:AfterOneYear2022-02-28 11203077core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11203077core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 11203077core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11203077core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 11203077core:PreviouslyStatedAmount2023-02-28 11203077core:PreviouslyStatedAmount2022-02-28 11203077business:SmallEntities2022-03-012023-02-28 11203077business:Director12022-03-012023-02-28 11203077countries:EnglandWales2022-03-012023-02-28 11203077business:RegisteredOffice2022-03-012023-02-28 11203077core:PlantMachinery2022-03-012023-02-28 11203077core:Goodwill2022-02-28 11203077core:Goodwill2023-02-28 11203077core:Goodwill2022-03-012023-02-28 11203077core:PlantMachinery2022-02-28 11203077core:ComputerEquipment2022-02-28 11203077core:PlantMachinery2023-02-28 11203077core:ComputerEquipment2023-02-28 11203077core:ComputerEquipment2022-03-012023-02-28 112030772021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11203077 (England and Wales)
JDW Associates Limited Unaudited accounts for the year ended 28 February 2023
JDW Associates Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
51,365 
52,065 
Tangible assets
1,831 
2,562 
53,196 
54,627 
Current assets
Cash at bank and in hand
47,903 
53,078 
Creditors: amounts falling due within one year
(20,491)
(23,429)
Net current assets
27,412 
29,649 
Total assets less current liabilities
80,608 
84,276 
Creditors: amounts falling due after more than one year
(22,417)
(29,871)
Net assets
58,191 
54,405 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
58,091 
54,305 
Shareholders' funds
58,191 
54,405 
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 10 October 2023 and were signed on its behalf by
James David Welham Director Company Registration No. 11203077
- 2 -
JDW Associates Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
JDW Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 11203077. The registered office is 87 Tetney Lane, Holton-Le-Clay, Grimsby, North East Lincolnshire, DN36 5AU, United Kingdom.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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%
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
53,465 
At 28 February 2023
53,465 
Amortisation
At 1 March 2022
1,400 
Charge for the year
700 
At 28 February 2023
2,100 
Net book value
At 28 February 2023
51,365 
At 28 February 2022
52,065 
- 3 -
JDW Associates Limited Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
3,500 
1,448 
4,948 
At 28 February 2023
3,500 
1,448 
4,948 
Depreciation
At 1 March 2022
2,024 
362 
2,386 
Charge for the year
369 
362 
731 
At 28 February 2023
2,393 
724 
3,117 
Net book value
At 28 February 2023
1,107 
724 
1,831 
At 28 February 2022
1,476 
1,086 
2,562 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
16,400 
22,776 
Other creditors
500 
500 
Loans from directors
3,591 
153 
20,491 
23,429 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,417 
29,871 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 4 -