Company Registration No. 12434662 (England and Wales)
Jarbrain Limited
Unaudited accounts
for the year ended 31 January 2024
Jarbrain Limited
Unaudited accounts
Contents
Jarbrain Limited
Company Information
for the year ended 31 January 2024
Company Number
12434662 (England and Wales)
Registered Office
Flat 6 Weir Road
Neville Court
London
SW12 0NU
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Jarbrain Limited
Accountants' report
Accountants' report to the director of Jarbrain Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Jarbrain Limited for the year ended
31 January 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Jarbrain Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Jarbrain Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jarbrain Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Jarbrain Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Jarbrain Limited. You consider that Jarbrain Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Jarbrain Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
24 October 2024
Jarbrain Limited
Statement of financial position
as at 31 January 2024
Tangible assets
21,308
14,979
Cash at bank and in hand
57,880
62,298
Creditors: amounts falling due within one year
(86,423)
(57,266)
Net current assets
19,733
8,032
Called up share capital
1
1
Profit and loss account
41,040
23,010
Shareholders' funds
41,041
23,011
For the year ending 31 January 2024 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 24 October 2024 and were signed on its behalf by
A J Zygadlo
Director
Company Registration No. 12434662
Jarbrain Limited
Notes to the Accounts
for the year ended 31 January 2024
Jarbrain Limited is a private company, limited by shares, registered in England and Wales, registration number 12434662. The registered office is Flat 6 Weir Road, Neville Court, London, SW12 0NU, England.
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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,350
25,175
26,525
Additions
1,350
12,082
13,432
At 31 January 2024
2,700
37,257
39,957
At 1 February 2023
780
10,766
11,546
Charge for the year
480
6,623
7,103
At 31 January 2024
1,260
17,389
18,649
At 31 January 2024
1,440
19,868
21,308
At 31 January 2023
570
14,409
14,979
Amounts falling due within one year
Trade debtors
48,276
3,000
Jarbrain Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,592
7,630
Loans from directors
83,015
48,667
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(48,667)
(34,348)
-
(83,015)
(48,667)
(34,348)
-
(83,015)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).