IRIS Accounts Production v24.3.2.46 06890835 director 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068908352023-04-30068908352024-04-30068908352023-05-012024-04-30068908352022-04-30068908352022-05-012023-04-30068908352023-04-3006890835ns15:EnglandWales2023-05-012024-04-3006890835ns14:PoundSterling2023-05-012024-04-3006890835ns10:Director12023-05-012024-04-3006890835ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3006890835ns10:SmallEntities2023-05-012024-04-3006890835ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3006890835ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3006890835ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3006890835ns10:FullAccounts2023-05-012024-04-300689083512023-05-012024-04-3006890835ns10:OrdinaryShareClass12023-05-012024-04-3006890835ns10:CompanySecretary12023-05-012024-04-3006890835ns10:RegisteredOffice2023-05-012024-04-3006890835ns5:CurrentFinancialInstruments2024-04-3006890835ns5:CurrentFinancialInstruments2023-04-3006890835ns5:ShareCapital2024-04-3006890835ns5:ShareCapital2023-04-3006890835ns5:RetainedEarningsAccumulatedLosses2024-04-3006890835ns5:RetainedEarningsAccumulatedLosses2023-04-3006890835ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3006890835ns5:PatentsTrademarksLicencesConcessionsSimilar2023-05-012024-04-3006890835ns5:PlantMachinery2023-05-012024-04-3006890835ns5:FurnitureFittings2023-05-012024-04-3006890835ns5:ComputerEquipment2023-05-012024-04-3006890835ns5:PatentsTrademarksLicencesConcessionsSimilar2023-04-3006890835ns5:PatentsTrademarksLicencesConcessionsSimilar2024-04-3006890835ns5:PatentsTrademarksLicencesConcessionsSimilar2023-04-3006890835ns5:PlantMachinery2023-04-3006890835ns5:FurnitureFittings2023-04-3006890835ns5:ComputerEquipment2023-04-3006890835ns5:PlantMachinery2024-04-3006890835ns5:FurnitureFittings2024-04-3006890835ns5:ComputerEquipment2024-04-3006890835ns5:PlantMachinery2023-04-3006890835ns5:FurnitureFittings2023-04-3006890835ns5:ComputerEquipment2023-04-3006890835ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3006890835ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3006890835ns10:OrdinaryShareClass12024-04-3006890835ns5:RetainedEarningsAccumulatedLosses2023-04-3006890835ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 06890835 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Jamis Ltd

Jamis Ltd (Registered number: 06890835)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jamis Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mrs J Midgen





SECRETARY: M J Midgen





REGISTERED OFFICE: Brown Heath House
Pound Green
Buxted
Uckfield
East Sussex
TN22 4PH





REGISTERED NUMBER: 06890835 (England and Wales)





ACCOUNTANTS: Always Accounting Limited
Office 3
Monkhurst House
Sandy Cross Lane
Heathfield
East Sussex
TN21 8QR

Jamis Ltd (Registered number: 06890835)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 120 140
Tangible assets 5 998 1,711
1,118 1,851

CURRENT ASSETS
Debtors 6 2,154 10,456
Cash at bank and in hand 28,091 15,405
30,245 25,861
CREDITORS
Amounts falling due within one year 7 7,473 16,608
NET CURRENT ASSETS 22,772 9,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,890

11,104

PROVISIONS FOR LIABILITIES 190 595
NET ASSETS 23,700 10,509

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 23,699 10,508
SHAREHOLDERS' FUNDS 23,700 10,509

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 director acknowledges her 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 director and authorised for issue on 16 January 2025 and were signed by:





Mrs J Midgen - Director


Jamis Ltd (Registered number: 06890835)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Jamis Ltd 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trade marks are being amortised evenly over their estimated useful life of ten years.

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 - 25% on cost
Fixtures and fittings - Straight line over 5 years
Computer equipment - Straight line over 5 years

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Statement of Financial Position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitute a financing transaction, where the debt instrument is measured at the present value of the future payment discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors greater than one year are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Jamis Ltd (Registered number: 06890835)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Trade
marks
£   
COST
At 1 May 2023
and 30 April 2024 200
AMORTISATION
At 1 May 2023 60
Amortisation for year 20
At 30 April 2024 80
NET BOOK VALUE
At 30 April 2024 120
At 30 April 2023 140

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 2,400 3,283 1,467 7,150
Additions - 240 - 240
At 30 April 2024 2,400 3,523 1,467 7,390
DEPRECIATION
At 1 May 2023 2,400 2,389 650 5,439
Charge for year - 659 294 953
At 30 April 2024 2,400 3,048 944 6,392
NET BOOK VALUE
At 30 April 2024 - 475 523 998
At 30 April 2023 - 894 817 1,711

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,304 -
Directors' current accounts - 9,936
Prepayments 850 520
2,154 10,456

Jamis Ltd (Registered number: 06890835)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Payments on account 98 5,162
Tax 7,173 10,177
Other creditors 189 189
Directors' current accounts 13 -
Accrued expenses - 1,080
7,473 16,608

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 May 2023 10,508
Profit for the year 29,691
Dividends (16,500 )
At 30 April 2024 23,699

10. RELATED PARTY DISCLOSURES

At the beginning of the year Mrs J Midgen, the director and shareholder of the company owed £9,936 (2023: £135 owing to the company). During the year she paid expenses on behalf of the company of £17,051 (2023: £2,732) and was repaid £27,000 (2023: £12,803) leaving £13 owing by the company (2022: £9,936 owing to the company).