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REGISTERED NUMBER: 09684602 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2023

FOR

JMM TRADING (UK) LIMITED

JMM TRADING (UK) LIMITED (REGISTERED NUMBER: 09684602)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JMM TRADING (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTOR: Mrs J M M Catterall





REGISTERED OFFICE: North Wing, Ground Floor
Kingsgate House
Newbury Road
Andover
Hampshire
SP10 4DU





BUSINESS ADDRESS: 73 New Road
West Molesey
Surrey
KT8 1PX





REGISTERED NUMBER: 09684602 (England and Wales)






JMM TRADING (UK) LIMITED (REGISTERED NUMBER: 09684602)

BALANCE SHEET
31ST JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 5 153,702 150,000

CURRENT ASSETS
Cash at bank 13,089 38,584

CREDITORS
Amounts falling due within one year 6 30,564 25,386
NET CURRENT (LIABILITIES)/ASSETS (17,475 ) 13,198
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,227

163,198

PROVISIONS FOR LIABILITIES 703 -
NET ASSETS 135,524 163,198

CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 8 2,999 -
Retained earnings 8 132,425 163,098
SHAREHOLDERS' FUNDS 135,524 163,198

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 11th March 2024 and were signed by:





Mrs J M M Catterall - Director


JMM TRADING (UK) LIMITED (REGISTERED NUMBER: 09684602)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023


1. STATUTORY INFORMATION

JMM Trading (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Investments
Unlisted investments are valued at closing value. The movement in fair values is recognised through the profit and loss account.

4. EMPLOYEES AND DIRECTORS

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

JMM TRADING (UK) LIMITED (REGISTERED NUMBER: 09684602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st August 2022 150,000
Revaluations 3,702
At 31st July 2023 153,702
NET BOOK VALUE
At 31st July 2023 153,702
At 31st July 2022 150,000

Cost or valuation at 31st July 2023 is represented by:

Other
investments
£   
Valuation in 2022 150,000
Valuation in 2023 3,702
153,702

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 150,000 150,000

Fixed asset investments were valued on an open market basis on 31st July 2023 by Wesleyan Unit Trust Managers Ltd .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 30,564 25,386

Included in other creditors is £1,483 (2022: £1,898) in relation to accruals and deferred income.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

JMM TRADING (UK) LIMITED (REGISTERED NUMBER: 09684602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023


8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st August 2022 163,098 - 163,098
Profit for the year 1,326 1,326
Dividends (29,000 ) (29,000 )
Revaluation transfer to fair value
reserve

(3,702

)

3,702

-

Deferred tax transfer to fair value
reserve

703

(703

)

-

At 31st July 2023 132,425 2,999 135,424