JMD INVESTMENT & COMMODITIES TRADING LIMITED

Company Registration Number:
12932208 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Moses Israel
Julien M Dedier
Registered office: 80
Great Bushey Drive
London
GBR
N20 8QL
Company Registration Number: 12932208 (England and Wales)

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Moses Israel
Julien M Dedier

This report was approved by the board of directors on 10 August 2024
And Signed On Behalf Of The Board By:

Name: Moses Israel
Status: Director

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 10,000 10,000
Tangible assets: 5 5,000 0
Total fixed assets: 15,000 10,000
Current assets
Stocks: 5,000 0
Debtors: 6 3,000 0
Cash at bank and in hand: 10,000 0
Total current assets: 18,000 0
Creditors: amounts falling due within one year: 7 ( 1,000 ) ( 0 )
Net current assets (liabilities): 17,000 0
Total assets less current liabilities: 32,000 10,000
Creditors: amounts falling due after more than one year: 8 ( 1,000 ) ( 0 )
Provision for liabilities: ( 1,000 ) ( 0 )
Total net assets (liabilities): 30,000 10,000

The notes form part of these financial statements

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 30,000 10,000
Profit and loss account: 0 0
Shareholders funds: 30,000 10,000

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 August 2024
And Signed On Behalf Of The Board By:

Name: Moses Israel
Status: Director

The notes form part of these financial statements

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 8 2

    It took us five years to set up the company. Over the years we have added structural industrial codes. we were only trading in the transport industry in a small capacity. Our plan in the is to purchase businesses and their employees thereby increasing the numbers significantly.

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 November 2022 10,000 10,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 10,000 10,000
Amortisation
Amortisation at 01 November 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 October 2023 - -
Net book value
Net book value at 31 October 2023 10,000 10,000
Net book value at 31 October 2022 10,000 10,000

Coming out of the Pandemic left us in a difficult place. Our losses were so heavy and have to restart in 2021-2022 form nothing.

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 November 2022 0 - 0
Additions 5,000 - 5,000
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 October 2023 5,000 - 5,000
Depreciation
At 01 November 2022 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 31 October 2023 - - -
Net book value
At 31 October 2023 5,000 - 5,000
At 31 October 2022 0 - 0

In 2021 / 2022. We had to give away tangible assets vehicles and equipment. The cost of diesel fuel was too overwhelming so we have to cut cost of operation .

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Debtors


2023
£

2022
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 3,000 0
Total 3,000 0

Collections for goods and services outstanding amount for this accounting period.

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 500 0
Accruals and deferred income 0
Other creditors 500 0
Total 1,000 0

We will pay up all outstanding bills and cost within this period.

JMD INVESTMENT & COMMODITIES TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 1,000 0
Total 1,000 0

Will pay up in this first quarter