Silverfin false false 31/07/2023 01/08/2022 31/07/2023 Mr J R Martin 03/07/2018 10 April 2024 The principal activity of the Company during the financial year was the provision of graphic design services. 11445159 2023-07-31 11445159 bus:Director1 2023-07-31 11445159 2022-07-31 11445159 core:CurrentFinancialInstruments 2023-07-31 11445159 core:CurrentFinancialInstruments 2022-07-31 11445159 core:ShareCapital 2023-07-31 11445159 core:ShareCapital 2022-07-31 11445159 core:RetainedEarningsAccumulatedLosses 2023-07-31 11445159 core:RetainedEarningsAccumulatedLosses 2022-07-31 11445159 core:ComputerEquipment 2022-07-31 11445159 core:ComputerEquipment 2023-07-31 11445159 bus:OrdinaryShareClass1 2023-07-31 11445159 2022-08-01 2023-07-31 11445159 bus:FilletedAccounts 2022-08-01 2023-07-31 11445159 bus:SmallEntities 2022-08-01 2023-07-31 11445159 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 11445159 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11445159 bus:Director1 2022-08-01 2023-07-31 11445159 core:ComputerEquipment core:TopRangeValue 2022-08-01 2023-07-31 11445159 2021-08-01 2022-07-31 11445159 core:ComputerEquipment 2022-08-01 2023-07-31 11445159 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 11445159 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11445159 (England and Wales)

JONATHAN MARTIN LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

JONATHAN MARTIN LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

JONATHAN MARTIN LIMITED

COMPANY INFORMATION

For the financial year ended 31 July 2023
JONATHAN MARTIN LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2023
DIRECTOR Mr J R Martin
REGISTERED OFFICE Lowin House
Tregolls Road
Truro
TR1 2NA
United Kingdom
COMPANY NUMBER 11445159 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
JONATHAN MARTIN LIMITED

BALANCE SHEET

As at 31 July 2023
JONATHAN MARTIN LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 57 115
57 115
Current assets
Debtors 4 12,147 0
Cash at bank and in hand 5 51,236 56,012
63,383 56,012
Creditors: amounts falling due within one year 6 ( 14,207) ( 24,042)
Net current assets 49,176 31,970
Total assets less current liabilities 49,233 32,085
Net assets 49,233 32,085
Capital and reserves
Called-up share capital 7 1 1
Profit and loss account 49,232 32,084
Total shareholder's funds 49,233 32,085

For the financial year ending 31 July 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Jonathan Martin Limited (registered number: 11445159) were approved and authorised for issue by the Director on 10 April 2024. They were signed on its behalf by:

Mr J R Martin
Director
JONATHAN MARTIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
JONATHAN MARTIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jonathan Martin Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured:
it is probable that future economic benefits will flow to the entity:
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 August 2022 2,018 2,018
At 31 July 2023 2,018 2,018
Accumulated depreciation
At 01 August 2022 1,903 1,903
Charge for the financial year 58 58
At 31 July 2023 1,961 1,961
Net book value
At 31 July 2023 57 57
At 31 July 2022 115 115

4. Debtors

2023 2022
£ £
Trade debtors 10,330 0
Other debtors 1,817 0
12,147 0

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 51,236 56,012

6. Creditors: amounts falling due within one year

2023 2022
£ £
Corporation tax 12,712 15,379
Other taxation and social security 1,045 1,139
Other creditors 450 7,524
14,207 24,042

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

8. Related party transactions

Transactions with the entity's director

2023 2022
£ £
Mr J R Martin 1,817 (7,074)