Company Registration No. 05023243 (England and Wales)
JKM TECHNOLOGIES LTD
Unaudited accounts
for the year ended 31 January 2025
JKM TECHNOLOGIES LTD
Unaudited accounts
Contents
JKM TECHNOLOGIES LTD
Company Information
for the year ended 31 January 2025
Directors
M J W Wing
T A Edge
S M Roberts
Company Number
05023243 (England and Wales)
Registered Office
Suite 9, Cromwell Business Centre
High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
United Kingdom
Accountants
Stoney Philbin & Company Limited
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
JKM TECHNOLOGIES LTD
Statement of financial position
as at 31 January 2025
Tangible assets
12,061
3,098
Cash at bank and in hand
140,145
73,707
Creditors: amounts falling due within one year
(85,393)
(76,929)
Net current assets
101,203
38,354
Total assets less current liabilities
113,264
41,452
Creditors: amounts falling due after more than one year
(7,034)
(17,366)
Called up share capital
100
100
Profit and loss account
106,130
23,986
Shareholders' funds
106,230
24,086
For the year ending 31 January 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by
M J W Wing
Director
Company Registration No. 05023243
JKM TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 January 2025
JKM TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 05023243. The registered office is Suite 9, Cromwell Business Centre, High Street, Chapel-en-le-Frith, High Peak, SK23 0HD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
JKM TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
2,437
16,450
18,887
At 31 January 2025
2,437
29,141
31,578
At 1 February 2024
2,437
13,352
15,789
Charge for the year
-
3,728
3,728
At 31 January 2025
2,437
17,080
19,517
At 31 January 2025
-
12,061
12,061
At 31 January 2024
-
3,098
3,098
Amounts falling due within one year
Trade debtors
46,451
41,576
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,333
10,076
Trade creditors
3,305
2,068
Taxes and social security
70,283
53,762
Loans from directors
622
10,623
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
60 Ordinary A shares of £1 each
60
60
40 Ordinary B shares of £1 each
40
40
9
Average number of employees
During the year the average number of employees was 7 (2024: 10).