Company registration number 07568346 (England and Wales)
JADU GLOBAL SOFTWARE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
JADU GLOBAL SOFTWARE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
JADU GLOBAL SOFTWARE LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
5
38,638
35,662
Cash at bank and in hand
658
396
39,296
36,058
Creditors: amounts falling due within one year
6
(2,383)
(17,468)
Net current assets
36,913
18,590
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
36,813
18,490
Total equity
36,913
18,590
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 8 May 2025
SK Kika
Director
Company registration number 07568346 (England and Wales)
JADU GLOBAL SOFTWARE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information
Jadu Global Software Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Jadu Starbase, Dock 2204, 75 Exploration Drive, Leicester, LE4 5NU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
1.3
Debtors
Short term debtors are measured at transaction price, less any impairment.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Creditors
Short term creditors are measured at transaction price.
1.6
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are
recognised when paid. Final equity dividends are recognised when approved by the shareholders at
an annual general meeting.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
JADU GLOBAL SOFTWARE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
3
Taxation
2024
2023
£
£
Current tax
UK corporation tax on profits for the current period
361
4
Intangible fixed assets
Intellectual Property
£
Cost
At 1 October 2023 and 30 September 2024
75,400
Amortisation and impairment
At 1 October 2023 and 30 September 2024
75,400
Carrying amount
At 30 September 2024
At 30 September 2023
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
38,636
35,636
Prepayments and accrued income
2
26
38,638
35,662
6
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
361
Other taxation and social security
991
946
Other creditors
15,000
Accruals and deferred income
1,392
1,161
2,383
17,468
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
100
100
100
100
JADU GLOBAL SOFTWARE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
7
Called up share capital
(Continued)
- 4 -
During the prior year all 50 of the Ordinary B shares were reclassified as Ordinary A shares.
8
Related party transactions
Transactions with related parties
As at 30th September 2024, the company was owed £38,536 by Jadu Limited (2023: £35,536), a company that is controlled by Jadu Holdings Ltd.