JPMS GROUP LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 28 FEBRUARY 2024 | |
JPMS GROUP LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 28 FEBRUARY 2024 | |||
DIRECTORS | |||
Mr J S Rai | |||
Mrs P K Rai | |||
SECRETARY | |||
Mrs P K Rai | |||
REGISTERED OFFICE | |||
25 Park Street West, Luton, LU1 3BE | |||
COMPANY REGISTERED NUMBER | |||
13202007 | |||
ACCOUNTANTS | |||
Haartwells Ltd | |||
Chartered Certified Accountants | |||
25 Park Street West, Luton, LU1 3BE | |||
page 1 | |
JPMS GROUP LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 28 FEBRUARY 2024 | |||
CONTENTS | |||
Pages | |||
3-4 | Statement of Financial Position | ||
5-7 | Notes to the Financial Statements | ||
page 2 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2024 | 2023 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Investment property | 3 | ||||
CURRENT ASSETS | |||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | 4 | ||||
NET CURRENT LIABILITIES | ( |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES | |||||
CREDITORS: Amounts falling due after more than one year | 5 | ( |
( |
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NET ASSETS/(LIABILITIES) | £ |
(£ |
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CAPITAL AND RESERVES | |||||
Called up share capital | |||||
Retained earnings | ( |
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SHAREHOLDERS' FUNDS | £ |
(£ |
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The notes on pages 5-7 form part of these financial statements | |
page 3 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2024 | 2023 | |||
£ | £ | £ |
In approving these financial statements as directors of the company we hereby confirm the following: | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
The notes on pages 5-7 form part of these financial statements | |
page 4 | |
JPMS GROUP LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 28 FEBRUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
Registered office: | ||||
These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 March 2023. | ||||
Basis of accounting | ||||
1c. | Revenue recognition | |||
1d. | Taxation | |||
1e. | Investment property | ||
and loss account accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. |
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1f. | Short term debtors and creditors | |||
The notes on pages 5-7 form part of these financial statements | |
page 5 | |
JPMS GROUP LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 28 FEBRUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1g. | Cash and cash equivalents | |||
1h. | Interest bearing borrowings | |||
2. | DIRECTORS AND EMPLOYEES | ||
Employee costs during the year amounted to: | 2024 | 2023 | |
£ | £ | ||
The average weekly number of employees during the year were as follows: | |||
2024 | 2023 | ||
No. | No. | ||
Management and administration | |||
Production and sales | |||
Investment Properties | |||
Total | |||
£ | |||
Fair value at 1 March 2023 | |||
Acquisitions through business combinations | |||
Fair value at 28 February 2024 | |||
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2024 | 2023 | ||
£ | £ | ||
Corporation tax | |||
Other creditors | |||
Accruals and deferred income | |||
£ |
£ |
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The notes on pages 5-7 form part of these financial statements | |
page 6 | |
JPMS GROUP LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 28 FEBRUARY 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR | ||
2024 | 2023 | ||
£ | £ | ||
Bank loans and overdrafts | |||
£ |
£ |
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Analysis of borrowings: | |||
Due after five years: | |||
wholly or in part by instalments | - | ||
otherwise than by instalments | 145,000 | ||
£ |
£145,000 | ||
The notes on pages 5-7 form part of these financial statements | |
page 7 |