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REGISTERED NUMBER: 09291403 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

JAZ MEDIA LIMITED

JAZ MEDIA LIMITED (REGISTERED NUMBER: 09291403)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 November 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3

Chartered accountants' report 6

JAZ MEDIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 November 2024







DIRECTOR: Mr S D Smith





REGISTERED OFFICE: 41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX





REGISTERED NUMBER: 09291403 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

JAZ MEDIA LIMITED (REGISTERED NUMBER: 09291403)

BALANCE SHEET
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,671 12,360
3,671 12,360

CURRENT ASSETS
Stocks 9,500 4,600
Debtors 6 16,003 13,984
Cash at bank 4,298 2,949
29,801 21,533
CREDITORS
Amounts falling due within one year 7 60,881 50,322
NET CURRENT LIABILITIES (31,080 ) (28,789 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(27,409

)

(16,429

)

CREDITORS
Amounts falling due after more than one year 8 (1,750 ) (5,250 )

PROVISIONS FOR LIABILITIES (918 ) (3,090 )
NET LIABILITIES (30,077 ) (24,769 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (30,078 ) (24,770 )
SHAREHOLDERS' FUNDS (30,077 ) (24,769 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

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 13 August 2025 and were signed by:




Mr S D Smith - Director


JAZ MEDIA LIMITED (REGISTERED NUMBER: 09291403)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 November 2024

1. STATUTORY INFORMATION

Jaz Media 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
A directors review, at the date of this report, has been made and there are no concerns that the company will not be able to meet its current creditor terms and is trading as a going concern for at least the next 12 months, from the date of this report.

Therefore, these accounts have been prepared on the going concern basis, on the understanding that the director and shareholder will continue to financially support the company for the foreseeable future.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33% on cost and 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2023 - 3 ) .

JAZ MEDIA LIMITED (REGISTERED NUMBER: 09291403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 November 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 25,000
AMORTISATION
At 1 December 2023
and 30 November 2024 25,000
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Equipment fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023
and 30 November 2024 45,569 2,334 9,964 57,867
DEPRECIATION
At 1 December 2023 34,711 1,756 9,040 45,507
Charge for year 8,235 146 308 8,689
At 30 November 2024 42,946 1,902 9,348 54,196
NET BOOK VALUE
At 30 November 2024 2,623 432 616 3,671
At 30 November 2023 10,858 578 924 12,360

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,904 13,350
Other debtors 3,750 -
Directors' current accounts - 250
Prepayments 1,349 384
16,003 13,984

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,500 3,500
Trade creditors 11,248 9,842
Tax 907 -
Social security and other taxes 701 646
Pension payable 367 236
VAT 4,384 4,442
Intercompany Account 33,633 31,456
Directors' current accounts 5,577 -
Accrued expenses 564 200
60,881 50,322

JAZ MEDIA LIMITED (REGISTERED NUMBER: 09291403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 1,750 5,250

9. LEASING AGREEMENTS
At the balance sheet date, the company had leasing commitments of £29,388.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
Mr S D Smith
Balance outstanding at start of year 250 (7,943 )
Amounts advanced 2,111 8,193
Amounts repaid (7,938 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,577 ) 250

This loan is not subject to interest and there are no repayment terms.

11. RELATED PARTY DISCLOSURES

Included with other creditors is a balance owed to Wilderspin Marketing Limited of £33,633 (2023 £31,456)) a company in which Mr S D Smith is a director and shareholder. All transactions were at arms length. There are no repayment terms or interest charged.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JAZ MEDIA LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jaz Media Limited for the year ended 30 November 2024 which comprise the Income statement, Balance sheet, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Jaz Media Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jaz Media Limited and state those matters that we have agreed to state to the director of Jaz Media Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jaz Media Limited and its director for our work or for this report.

It is your duty to ensure that Jaz Media Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Jaz Media Limited. You consider that Jaz Media Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jaz Media Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX


Date: .............................................