Caseware UK (AP4) 2024.0.164 2024.0.164 true22023-04-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09586687 2023-04-01 2024-03-31 09586687 2022-04-01 2023-03-31 09586687 2024-03-31 09586687 2023-03-31 09586687 c:Director1 2023-04-01 2024-03-31 09586687 d:FreeholdInvestmentProperty 2023-04-01 2024-03-31 09586687 d:FreeholdInvestmentProperty 2024-03-31 09586687 d:FreeholdInvestmentProperty 2023-03-31 09586687 d:CurrentFinancialInstruments 2024-03-31 09586687 d:CurrentFinancialInstruments 2023-03-31 09586687 d:Non-currentFinancialInstruments 2024-03-31 09586687 d:Non-currentFinancialInstruments 2023-03-31 09586687 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09586687 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09586687 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09586687 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 09586687 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 09586687 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 09586687 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 09586687 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 09586687 d:ShareCapital 2024-03-31 09586687 d:ShareCapital 2023-03-31 09586687 d:RetainedEarningsAccumulatedLosses 2024-03-31 09586687 d:RetainedEarningsAccumulatedLosses 2023-03-31 09586687 c:FRS102 2023-04-01 2024-03-31 09586687 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09586687 c:FullAccounts 2023-04-01 2024-03-31 09586687 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09586687 6 2023-04-01 2024-03-31 09586687 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 09586687









Jamm Living Limited







Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 March 2024

 
Jamm Living Limited
Registered number: 09586687

Statement of Financial Position
As at 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
388,414
943,584

  
388,414
943,584

Current assets
  

Debtors: amounts falling due within one year
 5 
4,000
4,031

Cash at bank and in hand
 6 
29,678
423,067

  
33,678
427,098

Creditors: amounts falling due within one year
 7 
(370,560)
(1,340,105)

Net current liabilities
  
 
 
(336,882)
 
 
(913,007)

Total assets less current liabilities
  
51,532
30,577

Creditors: amounts falling due after more than one year
 8 
-
(23,224)

  

Net assets
  
51,532
7,353


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
51,232
7,053

  
51,532
7,353


Page 1

 
Jamm Living Limited
Registered number: 09586687
    
Statement of Financial Position (continued)
As at 31 March 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




T Jackson
Director

Date: 26 March 2025

Page 2

 
Jamm Living Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

1.


General information

Jamm Living Limited is a private company limited by shares, incorporated in England & Wales (registered number: 09586687). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.
The principal activity of the company is that of real estate activities.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
Jamm Living Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.10

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.11

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
Jamm Living Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
943,584


Additions at cost
247,968


Disposals
(803,138)



At 31 March 2024
388,414

The 2024 valuations were made by the Directors, on an open market value for existing use basis.






5.


Debtors

2024
2023
£
£


Other debtors
441
-

Prepayments and accrued income
3,559
4,031

4,000
4,031



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
29,678
423,067

29,678
423,067


Page 5

 
Jamm Living Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
23,455

Bank loans
-
383,683

Corporation tax
512
2,993

Other creditors
358,448
920,949

Accruals and deferred income
11,600
9,025

370,560
1,340,105



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
23,224

-
23,224


Page 6

 
Jamm Living Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
-
383,683


-
383,683

Amounts falling due 1-2 years

Bank loans
-
10,184


-
10,184

Amounts falling due 2-5 years

Bank loans
-
13,040


-
13,040


-
406,907


 
Page 7