Silverfin false false 30/11/2023 01/12/2022 30/11/2023 Mr J Hobart 20/08/2002 30 August 2024 The principal activity of the company is the development and marketing of a new product for use in plumbing. 04515349 2023-11-30 04515349 bus:Director1 2023-11-30 04515349 2022-11-30 04515349 core:CurrentFinancialInstruments 2023-11-30 04515349 core:CurrentFinancialInstruments 2022-11-30 04515349 core:ShareCapital 2023-11-30 04515349 core:ShareCapital 2022-11-30 04515349 core:RetainedEarningsAccumulatedLosses 2023-11-30 04515349 core:RetainedEarningsAccumulatedLosses 2022-11-30 04515349 core:OtherResidualIntangibleAssets 2022-11-30 04515349 core:OtherResidualIntangibleAssets 2023-11-30 04515349 core:OfficeEquipment 2022-11-30 04515349 core:OfficeEquipment 2023-11-30 04515349 core:CurrentFinancialInstruments 1 2023-11-30 04515349 core:CurrentFinancialInstruments 1 2022-11-30 04515349 bus:OrdinaryShareClass1 2023-11-30 04515349 2022-12-01 2023-11-30 04515349 bus:FilletedAccounts 2022-12-01 2023-11-30 04515349 bus:SmallEntities 2022-12-01 2023-11-30 04515349 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 04515349 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04515349 bus:Director1 2022-12-01 2023-11-30 04515349 core:OtherResidualIntangibleAssets core:TopRangeValue 2022-12-01 2023-11-30 04515349 core:PatentsTrademarksLicencesConcessionsSimilar 2022-12-01 2023-11-30 04515349 core:OfficeEquipment core:TopRangeValue 2022-12-01 2023-11-30 04515349 2021-12-01 2022-11-30 04515349 core:OtherResidualIntangibleAssets 2022-12-01 2023-11-30 04515349 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 04515349 bus:OrdinaryShareClass1 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04515349 (England and Wales)

JANMARK LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2023
Pages for filing with the registrar

JANMARK LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2023

Contents

JANMARK LIMITED

COMPANY INFORMATION

For the financial year ended 30 November 2023
JANMARK LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 November 2023
DIRECTOR Mr J Hobart
SECRETARY Mrs D B Hobart
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 04515349 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
JANMARK LIMITED

BALANCE SHEET

As at 30 November 2023
JANMARK LIMITED

BALANCE SHEET (continued)

As at 30 November 2023
Note 2023 2022
£ £
Fixed assets
Intangible assets 3 754 906
754 906
Current assets
Debtors 5 244 256
Cash at bank and in hand 195 10
439 266
Creditors: amounts falling due within one year 6 ( 98,459) ( 97,430)
Net current liabilities (98,020) (97,164)
Total assets less current liabilities (97,266) (96,258)
Net liabilities ( 97,266) ( 96,258)
Capital and reserves
Called-up share capital 7 1 1
Profit and loss account ( 97,267 ) ( 96,259 )
Total shareholder's deficit ( 97,266) ( 96,258)

For the financial year ending 30 November 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 Janmark Limited (registered number: 04515349) were approved and authorised for issue by the Director on 30 August 2024. They were signed on its behalf by:

Mr J Hobart
Director
JANMARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
JANMARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 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

Janmark 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 Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, 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 £.

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. This depends on the continued financial support of the company's directors and its related company.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets 10 years straight line
Trademarks, patents and licences

Separately acquired patents and trademarks are included at cost and amortised in equal annual instalments over a period of [amount of years] years which is their estimated useful economic life. Provision is made for any impairment.

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 basis over its expected useful life, as follows:

Office equipment 3 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.

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 0 0

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 01 December 2022 15,763 15,763
At 30 November 2023 15,763 15,763
Accumulated amortisation
At 01 December 2022 14,857 14,857
Charge for the financial year 152 152
At 30 November 2023 15,009 15,009
Net book value
At 30 November 2023 754 754
At 30 November 2022 906 906

4. Tangible assets

Office equipment Total
£ £
Cost
At 01 December 2022 376 376
At 30 November 2023 376 376
Accumulated depreciation
At 01 December 2022 376 376
At 30 November 2023 376 376
Net book value
At 30 November 2023 0 0
At 30 November 2022 0 0

5. Debtors

2023 2022
£ £
VAT recoverable 244 256

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 895 766
Amounts owed to connected companies 91,384 90,361
Amounts owed to director 5,355 5,553
Accruals 825 750
98,459 97,430

7. Called-up share capital

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