Silverfin false false 30/06/2024 01/07/2023 30/06/2024 M E Heaney 27/05/2015 Q J Heaney 29/01/1996 19 August 2024 The principal activity of the Company during the financial year was consultancy. 03152219 2024-06-30 03152219 bus:Director1 2024-06-30 03152219 bus:Director2 2024-06-30 03152219 2023-06-30 03152219 core:CurrentFinancialInstruments 2024-06-30 03152219 core:CurrentFinancialInstruments 2023-06-30 03152219 core:ShareCapital 2024-06-30 03152219 core:ShareCapital 2023-06-30 03152219 core:RetainedEarningsAccumulatedLosses 2024-06-30 03152219 core:RetainedEarningsAccumulatedLosses 2023-06-30 03152219 core:ComputerEquipment 2023-06-30 03152219 core:ComputerEquipment 2024-06-30 03152219 bus:OrdinaryShareClass1 2024-06-30 03152219 bus:OrdinaryShareClass2 2024-06-30 03152219 bus:OrdinaryShareClass3 2024-06-30 03152219 2023-07-01 2024-06-30 03152219 bus:FilletedAccounts 2023-07-01 2024-06-30 03152219 bus:SmallEntities 2023-07-01 2024-06-30 03152219 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 03152219 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03152219 bus:Director1 2023-07-01 2024-06-30 03152219 bus:Director2 2023-07-01 2024-06-30 03152219 core:ComputerEquipment core:TopRangeValue 2023-07-01 2024-06-30 03152219 2022-07-01 2023-06-30 03152219 core:ComputerEquipment 2023-07-01 2024-06-30 03152219 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 03152219 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 03152219 bus:OrdinaryShareClass2 2023-07-01 2024-06-30 03152219 bus:OrdinaryShareClass2 2022-07-01 2023-06-30 03152219 bus:OrdinaryShareClass3 2023-07-01 2024-06-30 03152219 bus:OrdinaryShareClass3 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03152219 (England and Wales)

JEBESAM LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

JEBESAM LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

JEBESAM LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 June 2024
JEBESAM LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 0 108
0 108
Current assets
Debtors 4 2,200 0
Cash at bank and in hand 723 2,316
2,923 2,316
Creditors: amounts falling due within one year 5 ( 1,101) ( 1,000)
Net current assets 1,822 1,316
Total assets less current liabilities 1,822 1,424
Net assets 1,822 1,424
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 1,722 1,324
Total shareholders' funds 1,822 1,424

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Jebesam Limited (registered number: 03152219) were approved and authorised for issue by the Board of Directors on 19 August 2024. They were signed on its behalf by:

Q J Heaney
Director
JEBESAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
JEBESAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
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

Jebesam 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 The Tile House, 14a Homefield Road, London, SW19 4QF, United Kingdom.

The financial statements have been prepared under the historical cost convention, 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 £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of applicable VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Computer equipment 3 years straight line
Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 July 2023 4,355 4,355
At 30 June 2024 4,355 4,355
Accumulated depreciation
At 01 July 2023 4,247 4,247
Charge for the financial year 108 108
At 30 June 2024 4,355 4,355
Net book value
At 30 June 2024 0 0
At 30 June 2023 108 108

4. Debtors

2024 2023
£ £
Trade debtors 2,200 0

5. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 1,101 1,000

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
30 A Ordinary shares of £ 1.00 each 30 30
40 B Ordinary shares of £ 1.00 each 40 40
30 C Ordinary shares of £ 1.00 each 30 30
100 100