Registered number
04788489
Jigsaw Conferences Limited
Filleted Accounts
30 June 2023
Jigsaw Conferences Limited
Registered number: 04788489
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 7,985 9,398
Investments 4 13,224 13,224
21,209 22,622
Current assets
Debtors 5 2,015,401 1,992,371
Cash at bank and in hand 3,228,308 1,358,172
5,243,709 3,350,543
Creditors: amounts falling due within one year 6 (4,864,236) (3,202,716)
Net current assets 379,473 147,827
Total assets less current liabilities 400,682 170,449
Provisions for liabilities (3,442) (3,442)
Net assets 397,240 167,007
Capital and reserves
Called up share capital 100 2
Profit and loss account 397,140 167,005
Shareholders' funds 397,240 167,007
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Miss M Kaur
Director
Approved by the board on 27 February 2024
Jigsaw Conferences Limited
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 11 11
3 Tangible fixed assets
Plant and machinery
£
Cost
At 1 July 2022 115,871
Additions 1,249
At 30 June 2023 117,120
Depreciation
At 1 July 2022 106,473
Charge for the year 2,662
At 30 June 2023 109,135
Net book value
At 30 June 2023 7,985
At 30 June 2022 9,398
4 Investments
Other
investments
£
Cost
At 1 July 2022 13,224
At 30 June 2023 13,224
5 Debtors 2023 2022
£ £
Trade debtors 2,010,059 1,902,172
Other debtors 5,342 90,199
2,015,401 1,992,371
6 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 100,103 7,048
Trade creditors 3,783,826 2,525,507
Amounts owed to group undertakings and undertakings in which the company has a participating interest 319,445 -
Taxation and social security costs 574,104 337,833
Other creditors 86,758 332,328
4,864,236 3,202,716
7 Related party transactions
The company's ultimate parent undertaking is Jigsaw Property Holdings Limited, a company incorporated in England & Wales.
8 Controlling party
Mr A Chagger and Miss M Kaur being the directors of the company, are the ultimate controlling parties.
9 Other information
Jigsaw Conferences Limited is a private company limited by shares and incorporated in England. Its registered office is:
3rd Floor
45 Albemarle Street
London
England
W1S 4JL
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