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REGISTERED NUMBER: 10004008 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 28 February 2023

for

JAMJR Limited

JAMJR Limited (Registered number: 10004008)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Report of the Directors 2

Chartered Accountants' Report 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


JAMJR Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: M Smith
L C Smith





REGISTERED OFFICE: 271 High Street
Berkhamsted
Hertfordshire
HP4 1AA





REGISTERED NUMBER: 10004008 (England and Wales)





ACCOUNTANTS: Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA

JAMJR Limited (Registered number: 10004008)

Report of the Directors
for the Year Ended 28 February 2023

The directors present their report with the financial statements of the company for the year ended 28 February 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 March 2022 to the date of this report.

M Smith
L C Smith

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





M Smith - Director


25 September 2023

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
JAMJR Limited


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JAMJR Limited for the year ended 28 February 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of JAMJR Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JAMJR Limited and state those matters that we have agreed to state to the Board of Directors of JAMJR Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JAMJR Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JAMJR Limited 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 loss of JAMJR Limited. You consider that JAMJR Limited 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 JAMJR Limited. 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.






Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA


25 September 2023

JAMJR Limited (Registered number: 10004008)

Income Statement
for the Year Ended 28 February 2023

28.2.23 28.2.22
Notes £    £   

TURNOVER 83,723 62,488

Cost of sales 22,786 28,983
GROSS PROFIT 60,937 33,505

Administrative expenses 32,587 36,735
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) BEFORE TAXATION 28,350 (3,230 )

Tax on profit/(loss) 118,215 -
LOSS FOR THE FINANCIAL YEAR (89,865 ) (3,230 )

JAMJR Limited (Registered number: 10004008)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,350 2,916
Investment property 6 1,419,040 819,040
1,422,390 821,956

CURRENT ASSETS
Debtors 7 2,307 3,552
Cash at bank 17,964 7,963
20,271 11,515
CREDITORS
Amounts falling due within one year 8 6,833 832,970
NET CURRENT ASSETS/(LIABILITIES) 13,438 (821,455 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,435,828

501

CREDITORS
Amounts falling due after more than one
year

9

(811,192

)

-

PROVISIONS FOR LIABILITIES (114,000 ) -
NET ASSETS 510,636 501

CAPITAL AND RESERVES
Called up share capital 25 25
Fair value reserve 10 600,000 -
Retained earnings (89,389 ) 476
510,636 501

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JAMJR Limited (Registered number: 10004008)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:





M Smith - Director


JAMJR Limited (Registered number: 10004008)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

JAMJR 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 as modified by the revaluation of certain assets.

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 & Machinery - 25% reducing balance method

Computer Equipment - 25% reducing balance method

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

JAMJR Limited (Registered number: 10004008)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. OPERATING PROFIT/(LOSS)

The operating profit (2022 - operating loss) is stated after charging:

28.2.23 28.2.22
£    £   
Depreciation - owned assets 800 972

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 6,059
Additions 1,234
At 28 February 2023 7,293
DEPRECIATION
At 1 March 2022 3,143
Charge for year 800
At 28 February 2023 3,943
NET BOOK VALUE
At 28 February 2023 3,350
At 28 February 2022 2,916

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022 819,040
Revaluations 600,000
At 28 February 2023 1,419,040
NET BOOK VALUE
At 28 February 2023 1,419,040
At 28 February 2022 819,040

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2023 1,419,040

JAMJR Limited (Registered number: 10004008)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 1,375 1,975
Other debtors 932 1,577
2,307 3,552

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 4,633 633
Other creditors 2,200 832,337
6,833 832,970

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Other creditors 811,192 -

10. RESERVES
Fair
value
reserve
£   
Revaluation reserves 600,000

At 28 February 2023 600,000

11. ULTIMATE CONTROLLING PARTY

The company is controlled by the board of directors.