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REGISTERED NUMBER: 10857897 (England and Wales)















Financial Statements for the Year Ended 31 July 2024

for

JMArch Limited

JMArch Limited (Registered number: 10857897)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JMArch Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: J McPhillips





REGISTERED OFFICE: Brook House Farm
London Road
Adlington
Cheshire
SK10 4DU





REGISTERED NUMBER: 10857897 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

JMArch Limited (Registered number: 10857897)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 61,484 41,701

CURRENT ASSETS
Debtors 5 1,542 7,501
Cash at bank 1,333 399
2,875 7,900
CREDITORS
Amounts falling due within one year 6 108,345 54,423
NET CURRENT LIABILITIES (105,470 ) (46,523 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(43,986

)

(4,822

)

CREDITORS
Amounts falling due after more than one year 7 30,067 35,452
NET LIABILITIES (74,053 ) (40,274 )

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings (74,073 ) (40,294 )
(74,053 ) (40,274 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JMArch Limited (Registered number: 10857897)

Balance Sheet - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2025 and were signed by:





J McPhillips - Director


JMArch Limited (Registered number: 10857897)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

JMArch 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.

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.

The company is considered a going concern due to the ongoing support of the director and shareholders.

Turnover
Turnover comprises the value of sales (excluding VAT, similar taxes and trade discounts) of goods and services provided in the normal course of business. For goods, turnover is recognised when transferred to the customer. For services, turnover is recognised in line with the contract based on percentage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Financial instruments
Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost and thereafter at fair value with charges recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

JMArch Limited (Registered number: 10857897)

Notes to the Financial Statements - continued
for the Year Ended 31 July 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 NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2023 20,252 28,581 1,446
Additions 27,774 - -
At 31 July 2024 48,026 28,581 1,446
DEPRECIATION
At 1 August 2023 3,597 12,504 293
Charge for year 1,666 4,019 115
At 31 July 2024 5,263 16,523 408
NET BOOK VALUE
At 31 July 2024 42,763 12,058 1,038
At 31 July 2023 16,655 16,077 1,153

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 10,000 3,141 63,420
Additions - - 27,774
At 31 July 2024 10,000 3,141 91,194
DEPRECIATION
At 1 August 2023 2,500 2,825 21,719
Charge for year 1,875 316 7,991
At 31 July 2024 4,375 3,141 29,710
NET BOOK VALUE
At 31 July 2024 5,625 - 61,484
At 31 July 2023 7,500 316 41,701

JMArch Limited (Registered number: 10857897)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 1,542 7,501

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 5,385 5,252
Trade creditors - 1,620
Taxation and social security - 656
Other creditors 102,960 46,895
108,345 54,423

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 30,067 35,452

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,130 13,081

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Interest on overdrawn directors loan accounts was charged at the official rate.