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REGISTERED NUMBER: 13963028 (England and Wales)















Financial Statements

for the Year Ended 31 December 2023

for

Jedox Limited

Jedox Limited (Registered number: 13963028)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jedox Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: F M S Winterstein
Dr B Schmidt



SECRETARY: Reed Smith Corporate Services Limited



REGISTERED OFFICE: 1 Blossom Yard
Fourth Floor
London
E1 6RS



REGISTERED NUMBER: 13963028 (England and Wales)



SENIOR STATUTORY AUDITOR: Caroline Peverett BA FCA



AUDITORS: Tuerner Audit Limited
Bridge House
Old Grantham Road
Whatton
Nottingham
NG13 9FG

Jedox Limited (Registered number: 13963028)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,132 1,545

CURRENT ASSETS
Debtors 6 195,420 115,656
Cash at bank 212,312 183,465
407,732 299,121
CREDITORS
Amounts falling due within one year 7 1,457,923 1,205,253
NET CURRENT LIABILITIES (1,050,191 ) (906,132 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,048,059

)

(904,587

)

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (1,048,159 ) (904,687 )
SHAREHOLDERS' FUNDS (1,048,059 ) (904,587 )

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 16 October 2024 and were signed on its behalf by:





F M S Winterstein - Director


Jedox Limited (Registered number: 13963028)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Jedox 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts have been prepared under the going concern concept due to the fact that the company has the continued support of the group. The director has been given assurance that this support will continue for the foreseeable future.

The prior period covers a 10 month period. Accordingly, the comparative results are not comparable.
The company has changed its accounting reference date to bring it in line with the group.

Turnover
The company sells software licences. Turnover represents amounts receivable for software licence fees and services. In respect of licence fees, turnover is calculated as the proportion of total licence fees which relate to the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Jedox Limited (Registered number: 13963028)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


3. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 4 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 1,589
Additions 1,217
At 31 December 2023 2,806
DEPRECIATION
At 1 January 2023 44
Charge for year 630
At 31 December 2023 674
NET BOOK VALUE
At 31 December 2023 2,132
At 31 December 2022 1,545

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 110,080 -
Amounts owed by group undertakings - 59,703
Other debtors 85,340 55,953
195,420 115,656

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 65,606 7,089
Amounts owed to group undertakings 926,667 843,718
Taxation and social security 7,761 -
Other creditors 457,889 354,446
1,457,923 1,205,253

Jedox Limited (Registered number: 13963028)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 18,225 55,237

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Caroline Peverett BA FCA (Senior Statutory Auditor)
for and on behalf of Tuerner Audit Limited

11. PARENT COMPANY

The parent company of the smallest group that draws up consolidated financial statements which include the results for Jedox Limited is Jedox GmbH; its registered office address is:

79098 Freiburg im Breisgau
Bismarckalle 7a
Germany

The ultimate holding company is Jedox GmbH, incorporated in Germany.