| Jasper Visuals Limited |
| Notes to the Accounts |
| for the period from 2 October 2023 to 31 March 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).The company was incorporated 02 October 2023. |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of artistic creation from video production services.Turnover from the rendering of services is recognised in the financial statements in the period the services are provided. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
33% reducing balance |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current periods. Deferred tax is not recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments as this is considered immaterial to the true and fair view of the financial statements. |
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| 2 |
Employees |
2025 |
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| Number |
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Average number of persons employed by the company |
1 |
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| 3 |
Tangible fixed assets |
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Plant and machinery etc |
| £ |
|
Cost |
|
Additions |
12,287 |
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At 31 March 2025 |
12,287 |
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Depreciation |
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Charge for the period |
4,055 |
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At 31 March 2025 |
4,055 |
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Net book value |
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At 31 March 2025 |
8,232 |
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| 4 |
Debtors |
2025 |
|
| £ |
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Trade debtors |
5,956 |
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Other debtors |
109 |
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|
6,065 |
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| 5 |
Creditors: amounts falling due within one year |
2025 |
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| £ |
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Trade creditors |
86 |
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Taxation and social security costs |
25,425 |
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Other creditors |
66,959 |
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|
92,470 |
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| 6 |
Other information |
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Jasper Visuals Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
24 Thames Crescent |
|
Chiswick |
|
London |
|
W4 2RU |