Silverfin false false 31/05/2025 26/05/2024 31/05/2025 J M McCallion 26/05/2024 08 August 2025 The principal activity of the company during the financial period was the provision of online personal training. 15743133 2025-05-31 15743133 bus:Director1 2025-05-31 15743133 core:CurrentFinancialInstruments 2025-05-31 15743133 core:ShareCapital 2025-05-31 15743133 core:RetainedEarningsAccumulatedLosses 2025-05-31 15743133 core:ComputerEquipment 2024-05-25 15743133 2024-05-25 15743133 core:ComputerEquipment 2025-05-31 15743133 bus:OrdinaryShareClass1 2025-05-31 15743133 2024-05-26 2025-05-31 15743133 bus:FilletedAccounts 2024-05-26 2025-05-31 15743133 bus:SmallEntities 2024-05-26 2025-05-31 15743133 bus:AuditExemptWithAccountantsReport 2024-05-26 2025-05-31 15743133 bus:PrivateLimitedCompanyLtd 2024-05-26 2025-05-31 15743133 bus:Director1 2024-05-26 2025-05-31 15743133 core:ComputerEquipment 2024-05-26 2025-05-31 15743133 bus:OrdinaryShareClass1 2024-05-26 2025-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15743133 (England and Wales)

JM TRANSFORMATIONS LIMITED

Unaudited Financial Statements
For the financial period from 26 May 2024 to 31 May 2025
Pages for filing with the registrar

JM TRANSFORMATIONS LIMITED

Unaudited Financial Statements

For the financial period from 26 May 2024 to 31 May 2025

Contents

JM TRANSFORMATIONS LIMITED

BALANCE SHEET

As at 31 May 2025
JM TRANSFORMATIONS LIMITED

BALANCE SHEET (continued)

As at 31 May 2025
Note 31.05.2025
£
Fixed assets
Tangible assets 3 892
892
Current assets
Debtors 4 5,621
Cash at bank and in hand 10,225
15,846
Creditors: amounts falling due within one year 5 ( 14,766)
Net current assets 1,080
Total assets less current liabilities 1,972
Net assets 1,972
Capital and reserves
Called-up share capital 6 100
Profit and loss account 1,872
Total shareholder's funds 1,972

For the financial period ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of JM Transformations Limited (registered number: 15743133) were approved and authorised for issue by the Director on 08 August 2025. They were signed on its behalf by:

J M McCallion
Director
JM TRANSFORMATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 26 May 2024 to 31 May 2025
JM TRANSFORMATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 26 May 2024 to 31 May 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

JM Transformations Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, Dorset, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Computer equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

Period from
26.05.2024 to
31.05.2025
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Tangible assets

Computer equipment Total
£ £
Cost
At 26 May 2024 0 0
Additions 1,115 1,115
At 31 May 2025 1,115 1,115
Accumulated depreciation
At 26 May 2024 0 0
Charge for the financial period 223 223
At 31 May 2025 223 223
Net book value
At 31 May 2025 892 892

4. Debtors

31.05.2025
£
Other debtors 5,621

5. Creditors: amounts falling due within one year

31.05.2025
£
Taxation and social security 13,276
Other creditors 1,490
14,766

6. Called-up share capital

31.05.2025
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100

7. Related party transactions

Transactions with the entity's director

31.05.2025
£
Key Management 5,621

No interest has been charged on the overdrawn directors loan account.