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REGISTERED NUMBER: 12431112 (England and Wales)















Financial Statements for the Year Ended 31 January 2023

for

Jwell Limited

Jwell Limited (Registered number: 12431112)






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


Jwell Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: J P Wellman





REGISTERED OFFICE: Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF





REGISTERED NUMBER: 12431112 (England and Wales)





ACCOUNTANTS: City, Chartered Accountants
Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF

Jwell Limited (Registered number: 12431112)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 13,609 15,310
Tangible assets 5 2,469 4,937
16,078 20,247

CURRENT ASSETS
Debtors 6 668 3,542
Cash at bank 49,121 59,301
49,789 62,843
CREDITORS
Amounts falling due within one year 7 (13,991 ) (22,068 )
NET CURRENT ASSETS 35,798 40,775
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,876

61,022

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 51,776 60,922
SHAREHOLDERS' FUNDS 51,876 61,022

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.

Jwell Limited (Registered number: 12431112)

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 6 October 2023 and were signed by:





J P Wellman - Director


Jwell Limited (Registered number: 12431112)

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

1. STATUTORY INFORMATION

Jwell Limited 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Jwell Limited (Registered number: 12431112)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2022
and 31 January 2023 17,011
AMORTISATION
At 1 February 2022 1,701
Charge for year 1,701
At 31 January 2023 3,402
NET BOOK VALUE
At 31 January 2023 13,609
At 31 January 2022 15,310

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 9,875
DEPRECIATION
At 1 February 2022 4,938
Charge for year 2,468
At 31 January 2023 7,406
NET BOOK VALUE
At 31 January 2023 2,469
At 31 January 2022 4,937

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors - 3,542
Other debtors 668 -
668 3,542

Jwell Limited (Registered number: 12431112)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Taxation and social security - 8,926
Other creditors 13,991 13,142
13,991 22,068

8. RELATED PARTY DISCLOSURES

At the year end the Company owed the Director, J Wellman £11,591 (2022: £12,897).