IRIS Accounts Production v24.1.0.578 07125692 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false A Ordinary Shares 1.00000 B Ordinary Shares 1.00000 C Ordinary share 1.00000 47236 20970 129917 171366 133562 145100 43591 47236 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071256922023-01-31071256922024-01-31071256922023-02-012024-01-31071256922022-01-31071256922022-02-012023-01-31071256922023-01-3107125692ns15:EnglandWales2023-02-012024-01-3107125692ns14:PoundSterling2023-02-012024-01-3107125692ns10:Director12023-02-012024-01-3107125692ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3107125692ns10:SmallEntities2023-02-012024-01-3107125692ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3107125692ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3107125692ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3107125692ns10:FullAccounts2023-02-012024-01-3107125692ns10:OrdinaryShareClass12023-02-012024-01-3107125692ns10:OrdinaryShareClass22023-02-012024-01-3107125692ns10:OrdinaryShareClass32023-02-012024-01-310712569242ns10:Director22023-01-310712569242ns10:Director22022-01-310712569242ns10:Director22023-02-012024-01-310712569242ns10:Director22022-02-012023-01-310712569242ns10:Director22024-01-310712569242ns10:Director22023-01-3107125692ns5:CurrentFinancialInstruments2024-01-3107125692ns5:CurrentFinancialInstruments2023-01-3107125692ns5:ShareCapital2024-01-3107125692ns5:ShareCapital2023-01-3107125692ns5:RetainedEarningsAccumulatedLosses2024-01-3107125692ns5:RetainedEarningsAccumulatedLosses2023-01-3107125692ns10:RegisteredOffice2023-02-012024-01-3107125692ns5:FurnitureFittings2023-01-3107125692ns5:FurnitureFittings2023-02-012024-01-3107125692ns5:FurnitureFittings2024-01-3107125692ns5:FurnitureFittings2023-01-3107125692ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3107125692ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3107125692ns10:OrdinaryShareClass12024-01-3107125692ns10:OrdinaryShareClass22024-01-3107125692ns10:OrdinaryShareClass32024-01-3107125692ns10:Director22023-02-012024-01-31071256921ns10:Director12023-01-31071256921ns10:Director12022-01-31071256921ns10:Director12023-02-012024-01-31071256921ns10:Director12022-02-012023-01-31071256921ns10:Director12024-01-31071256921ns10:Director12023-01-31
REGISTERED NUMBER: 07125692 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st January 2024

for

Jss Psychometrics Ltd

Jss Psychometrics Ltd (Registered number: 07125692)






Contents of the Financial Statements
for the Year Ended 31st January 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Jss Psychometrics Ltd (Registered number: 07125692)

Balance Sheet
31st January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,330 5,884

CURRENT ASSETS
Debtors 5 51,226 56,101
Cash at bank 11,798 6,611
63,024 62,712
CREDITORS
Amounts falling due within one year 6 67,971 67,134
NET CURRENT LIABILITIES (4,947 ) (4,422 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,383

1,462

PROVISIONS FOR LIABILITIES 1,393 1,118
NET ASSETS 990 344

CAPITAL AND RESERVES
Called up share capital 7 101 101
Retained earnings 889 243
SHAREHOLDERS' FUNDS 990 344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th October 2024 and were signed on its behalf by:





Dr R S Sambhi - Director


Jss Psychometrics Ltd (Registered number: 07125692)

Notes to the Financial Statements
for the Year Ended 31st January 2024

1. COMPANY INFORMATION

Jss Psychometrics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07125692

Registered office: The Lexicon
Mount Street
Manchester
M2 5NT

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.

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

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

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

Jss Psychometrics Ltd (Registered number: 07125692)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st February 2023 13,190
Additions 4,421
At 31st January 2024 17,611
DEPRECIATION
At 1st February 2023
and 31st January 2024 10,281
NET BOOK VALUE
At 31st January 2024 7,330
At 31st January 2023 2,909

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
S455 recoverable 7,635 8,865
Directors' current accounts 43,591 47,236
51,226 56,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 57,029 54,986
s455 payable 7,635 8,865
Social security and other taxes 160 -
Accrued expenses 3,147 3,283
67,971 67,134

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
10 A Ordinary Shares 1 10 10
90 B Ordinary Shares 1 90 90
1 C Ordinary share 1 1 1
101 101

Jss Psychometrics Ltd (Registered number: 07125692)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2024

7. CALLED UP SHARE CAPITAL - continued

The Ordinary A shares confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The Ordinary B shares do not confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The Ordinary C shares do not confer on the holders the right to vote upon any resolution proposed at any general meeting of the company

The A, B and C Shares rank pari passu in respect of dividend and capital distribution rights.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2024 and 31st January 2023:

31.1.24 31.1.23
£    £   
Dr R S Sambhi and Mrs S K Sambhi
Balance outstanding at start of year 47,236 20,970
Amounts advanced 129,917 171,366
Amounts repaid (133,562 ) (145,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,591 47,236

The loan is payable on demand and no interest was charged during the year.

9. CONTROL

The controlling party is Dr R S Sambhi.

The ultimate controlling party is Dr R S Sambhi by virtue of holding 100% of the voting share capital.