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REGISTERED NUMBER: 11940953 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JPM MECHANICAL DESIGN LIMITED

JPM MECHANICAL DESIGN LIMITED (REGISTERED NUMBER: 11940953)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


JPM MECHANICAL DESIGN LIMITED

COMPANY INFORMATION
For The Year Ended 30 April 2024







DIRECTORS: K C Morehen
J P Morehen





REGISTERED OFFICE: 4 Office Village
Forder Way
Cygnet Park
Hampton
Cambridgeshire
PE7 8GX





REGISTERED NUMBER: 11940953 (England and Wales)





ACCOUNTANTS: TC Group
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

JPM MECHANICAL DESIGN LIMITED (REGISTERED NUMBER: 11940953)

STATEMENT OF FINANCIAL POSITION
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,976 5,301

CURRENT ASSETS
Debtors 5 - 108
Cash at bank 5,920 2,629
5,920 2,737
CREDITORS
Amounts falling due within one year 6 4,206 5,980
NET CURRENT ASSETS/(LIABILITIES) 1,714 (3,243 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,690 2,058

PROVISIONS FOR LIABILITIES 7 755 1,007
NET ASSETS 4,935 1,051

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 4,934 1,050
SHAREHOLDERS' FUNDS 4,935 1,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:





J P Morehen - Director


JPM MECHANICAL DESIGN LIMITED (REGISTERED NUMBER: 11940953)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024


1. STATUTORY INFORMATION

JPM Mechanical Design Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
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.

No significant judgements (apart from those involving estimations) have been made by management
in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely
equal the related actual outcome. There have been no key assumptions or other sources of estimation
uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


JPM MECHANICAL DESIGN LIMITED (REGISTERED NUMBER: 11940953)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 5,337 5,376 10,713
DEPRECIATION
At 1 May 2023 2,186 3,226 5,412
Charge for year 788 537 1,325
At 30 April 2024 2,974 3,763 6,737
NET BOOK VALUE
At 30 April 2024 2,363 1,613 3,976
At 30 April 2023 3,151 2,150 5,301

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments - 108

JPM MECHANICAL DESIGN LIMITED (REGISTERED NUMBER: 11940953)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 1,094 -
Directors' current accounts 1,582 4,582
Accrued expenses 1,530 1,398
4,206 5,980

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 755 1,007

Deferred
tax
£   
Balance at 1 May 2023 1,007
Provided during year (252 )
Balance at 30 April 2024 755

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1p 1 1

9. RESERVES
Retained
earnings
£   

At 1 May 2023 1,050
Profit for the year 3,884
At 30 April 2024 4,934

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors at 30 April 2024, is an amount of £1,582 owed to the Directors (2023: 4,582). This loan is unsecured, interest free and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by K Morehen by virtue of her shareholding.