0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-03-01 Sage Accounts Production Advanced 2023 - FRS102_2023 46,565 12,313 7,761 20,074 26,491 34,252 xbrli:pure xbrli:shares iso4217:GBP 13222278 2023-03-01 2023-12-31 13222278 2023-12-31 13222278 2023-02-28 13222278 2022-03-01 2023-02-28 13222278 2023-02-28 13222278 2022-02-28 13222278 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-01 2023-12-31 13222278 bus:Director1 2023-03-01 2023-12-31 13222278 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-28 13222278 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 13222278 core:WithinOneYear 2023-12-31 13222278 core:WithinOneYear 2023-02-28 13222278 core:AfterOneYear 2023-12-31 13222278 core:AfterOneYear 2023-02-28 13222278 core:UKTax 2023-03-01 2023-12-31 13222278 core:UKTax 2022-03-01 2023-02-28 13222278 core:ShareCapital 2023-12-31 13222278 core:ShareCapital 2023-02-28 13222278 core:RetainedEarningsAccumulatedLosses 2023-12-31 13222278 core:RetainedEarningsAccumulatedLosses 2023-02-28 13222278 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-28 13222278 bus:SmallEntities 2023-03-01 2023-12-31 13222278 bus:AuditExemptWithAccountantsReport 2023-03-01 2023-12-31 13222278 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2023-12-31 13222278 bus:PrivateLimitedCompanyLtd 2023-03-01 2023-12-31 13222278 bus:FullAccounts 2023-03-01 2023-12-31
COMPANY REGISTRATION NUMBER: 13222278
JOB MGT LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO
31 December 2023
JOB MGT LTD
FINANCIAL STATEMENTS
PERIOD FROM 1 MARCH 2023 TO 31 DECEMBER 2023
CONTENTS
PAGES
Statement of financial position
1 to 2
Notes to the financial statements
3 to 5
JOB MGT LTD
STATEMENT OF FINANCIAL POSITION
31 December 2023
31 Dec 23
28 Feb 23
Note
£
£
£
FIXED ASSETS
Intangible assets
5
26,491
34,252
CURRENT ASSETS
Debtors
6
647
Cash at bank and in hand
15,690
10,794
--------
--------
15,690
11,441
CREDITORS: amounts falling due within one year
7
( 12,500)
( 4,200)
--------
--------
NET CURRENT ASSETS
3,190
7,241
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
29,681
41,493
CREDITORS: amounts falling due after more than one year
8
( 31,465)
( 45,059)
--------
--------
NET LIABILITIES
( 1,784)
( 3,566)
--------
--------
CAPITAL AND RESERVES
Called up share capital
1
1
Profit and loss account
( 1,785)
( 3,567)
-------
-------
SHAREHOLDER DEFICIT
( 1,784)
( 3,566)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 December 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 member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
JOB MGT LTD
STATEMENT OF FINANCIAL POSITION (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 19 August 2024 , and are signed on behalf of the board by:
C M Simmons
Director
Company registration number: 13222278
JOB MGT LTD
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 MARCH 2023 TO 31 DECEMBER 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 38 Stoneleigh Court, Leeds, LS17 8FN.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Software development costs
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TAX ON PROFIT
Major components of tax expense
Period from
1 Mar 23 to
Year to
31 Dec 23
28 Feb 23
£
£
Current tax:
UK current tax expense
62
2,050
Adjustments in respect of prior periods
1
----
-------
Total current tax
63
2,050
----
-------
----
-------
Tax on profit
63
2,050
----
-------
5. INTANGIBLE ASSETS
Software development costs
£
Cost
At 1 March 2023 and 31 December 2023
46,565
--------
Amortisation
At 1 March 2023
12,313
Charge for the period
7,761
--------
At 31 December 2023
20,074
--------
Carrying amount
At 31 December 2023
26,491
--------
At 28 February 2023
34,252
--------
6. DEBTORS
31 Dec 23
28 Feb 23
£
£
Other debtors
647
----
----
7. CREDITORS: amounts falling due within one year
31 Dec 23
28 Feb 23
£
£
Bank loans and overdrafts
8,463
Trade creditors
2,562
801
Corporation tax
62
2,050
Social security and other taxes
564
Other creditors
849
1,349
--------
-------
12,500
4,200
--------
-------
8. CREDITORS: amounts falling due after more than one year
31 Dec 23
28 Feb 23
£
£
Bank loans and overdrafts
31,465
45,059
--------
--------