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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
Page
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Jigsaw Asset Management Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
190 
Investments
64,239 
- 
64,239 
190 
Current assets
Debtors
245,540 
463,113 
Cash at bank and in hand
65,234 
20,661 
310,774 
483,774 
Creditors: amounts falling due within one year
(115,861)
(176,874)
Net current assets
194,913 
306,900 
Net assets
259,152 
307,090 
Capital and reserves
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
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Jigsaw Asset Management Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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.
Foreign exchange
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.
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Jigsaw Asset Management Limited Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
2,016 
At 30 November 2023
2,016 
Depreciation
At 1 December 2022
1,826 
Charge for the year
190 
At 30 November 2023
2,016 
Net book value
At 30 November 2023
- 
At 30 November 2022
190 
5
Investments
Other investments 
£ 
Valuation at 1 December 2022
- 
Additions
64,239 
Valuation at 30 November 2023
64,239 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
435 
1,106 
Trade debtors
11,400 
455,454 
Accrued income and prepayments
10,571 
6,553 
Other debtors
223,134 
- 
245,540 
463,113 
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 
Accruals
4,400 
2,000 
115,861 
176,874 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Jigsaw Asset Management Limited Notes to the Accounts for the year ended 30 November 2023
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
John Julian Edward March Phillips de Lisle
Advance
- 
29,247 
- 
29,247 
- 
29,247 
- 
29,247 
10
Controlling party
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).
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