Company Registration No. 12340690 (England and Wales)
Jigsaw Asset Management Limited
Unaudited accounts
for the year ended 30 November 2023
Jigsaw Asset Management Limited
Unaudited accounts
Contents
Jigsaw Asset Management Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
65,234
20,661
Creditors: amounts falling due within one year
(115,861)
(176,874)
Net current assets
194,913
306,900
Net assets
259,152
307,090
Called up share capital
100
100
Profit and loss account
259,052
306,990
Shareholders' funds
259,152
307,090
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2024 and were signed on its behalf by
John Julian Edward March Phillips de Lisle
Director
Company Registration No. 12340690
Jigsaw Asset Management Limited
Notes to the Accounts
for the year ended 30 November 2023
Jigsaw Asset Management Limited is a private company, limited by shares, registered in England and Wales, registration number 12340690. The registered office is 2 ST. MARYS ROAD, OAKHAM, RUTLAND, LE15 8SU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
50% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Jigsaw Asset Management Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 December 2022
-
Valuation at 30 November 2023
64,239
Amounts falling due within one year
Trade debtors
11,400
455,454
Accrued income and prepayments
10,571
6,553
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
5,011
12,800
Amounts owed to group undertakings and other participating interests
17,573
573
Taxes and social security
103,554
109,848
Other creditors
14,570
8,679
Loans from directors
(29,247)
42,974
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Jigsaw Asset Management Limited
Notes to the Accounts
for the year ended 30 November 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
John Julian Edward March Phillips de Lisle
The company is under the control of Welland Valley Investment Company Limited, which is registered in England and Wales.
11
Average number of employees
During the year the average number of employees was 3 (2022: 3).