IRIS Accounts Production v25.1.3.33 08845829 director 1.2.24 31.1.25 31.1.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088458292024-01-31088458292025-01-31088458292024-02-012025-01-31088458292023-01-31088458292023-02-012024-01-31088458292024-01-3108845829ns15:EnglandWales2024-02-012025-01-3108845829ns14:PoundSterling2024-02-012025-01-3108845829ns10:Director12024-02-012025-01-3108845829ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3108845829ns10:SmallEntities2024-02-012025-01-3108845829ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3108845829ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3108845829ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3108845829ns10:FullAccounts2024-02-012025-01-310884582912024-02-012025-01-3108845829ns10:RegisteredOffice2024-02-012025-01-3108845829ns5:CurrentFinancialInstruments2025-01-3108845829ns5:CurrentFinancialInstruments2024-01-3108845829ns5:ShareCapital2025-01-3108845829ns5:ShareCapital2024-01-3108845829ns5:RetainedEarningsAccumulatedLosses2025-01-3108845829ns5:RetainedEarningsAccumulatedLosses2024-01-3108845829ns5:PlantMachinery2024-02-012025-01-3108845829ns5:MotorVehicles2024-02-012025-01-3108845829ns5:ComputerEquipment2024-02-012025-01-3108845829ns5:IntangibleAssetsOtherThanGoodwill2024-01-3108845829ns5:IntangibleAssetsOtherThanGoodwill2025-01-3108845829ns5:IntangibleAssetsOtherThanGoodwill2024-01-3108845829ns5:PlantMachinery2024-01-3108845829ns5:MotorVehicles2024-01-3108845829ns5:ComputerEquipment2024-01-3108845829ns5:PlantMachinery2025-01-3108845829ns5:MotorVehicles2025-01-3108845829ns5:ComputerEquipment2025-01-3108845829ns5:PlantMachinery2024-01-3108845829ns5:MotorVehicles2024-01-3108845829ns5:ComputerEquipment2024-01-3108845829ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3108845829ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 08845829 (England and Wales)















JACKFRAGS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025






JACKFRAGS LIMITED (REGISTERED NUMBER: 08845829)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JACKFRAGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: J S Mason





REGISTERED OFFICE: Marston House
5, Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL





REGISTERED NUMBER: 08845829 (England and Wales)





ACCOUNTANTS: Sephton & Company LLP
Chartered Certified Accountants
Marston House
5 Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL

JACKFRAGS LIMITED (REGISTERED NUMBER: 08845829)

BALANCE SHEET
31 JANUARY 2025

31/1/25 31/1/24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 119,155 73,181
119,155 73,181

CURRENT ASSETS
Debtors 6 268,464 90,829
Cash at bank 422,820 1,133,883
691,284 1,224,712
CREDITORS
Amounts falling due within one year 7 281,684 271,829
NET CURRENT ASSETS 409,600 952,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

528,755

1,026,064

PROVISIONS FOR LIABILITIES 29,788 18,295
NET ASSETS 498,967 1,007,769

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 498,966 1,007,768
SHAREHOLDERS' FUNDS 498,967 1,007,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

JACKFRAGS LIMITED (REGISTERED NUMBER: 08845829)

BALANCE SHEET - continued
31 JANUARY 2025


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 29 May 2025 and were signed by:





J S Mason - Director


JACKFRAGS LIMITED (REGISTERED NUMBER: 08845829)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

JackFrags 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.

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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover recognised at the fair value of the consideration received or receivable for YouTube broadcasting services and online endorsement deals, provided in the normal course of business, and is shown net of VAT and other sales related taxes. The turnover is recognised in the period in which the services are provided.

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 - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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


JACKFRAGS LIMITED (REGISTERED NUMBER: 08845829)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2024
and 31 January 2025 170
AMORTISATION
At 1 February 2024
and 31 January 2025 170
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

JACKFRAGS LIMITED (REGISTERED NUMBER: 08845829)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2024 129,407 - 36,266 165,673
Additions - 68,790 3,166 71,956
At 31 January 2025 129,407 68,790 39,432 237,629
DEPRECIATION
At 1 February 2024 57,701 - 34,791 92,492
Charge for year 7,162 17,197 1,623 25,982
At 31 January 2025 64,863 17,197 36,414 118,474
NET BOOK VALUE
At 31 January 2025 64,544 51,593 3,018 119,155
At 31 January 2024 71,706 - 1,475 73,181

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Trade debtors 268,040 90,829
Other debtors 424 -
268,464 90,829

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Trade creditors 94 -
Taxation and social security 221,750 212,139
Other creditors 59,840 59,690
281,684 271,829