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Company Registration No. 10952142 (England and Wales)
Jiva Materials Ltd Unaudited accounts for the year ended 31 December 2024
Jiva Materials Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Jiva Materials Ltd Company Information for the year ended 31 December 2024
Directors
J J Herring Dr. M Sethumadhavan LCIF Representatives Ltd S Christopher Driver
Secretary
J J Herring
Company Number
10952142 (England and Wales)
Registered Office
22 Aston Road Waterlooville Hampshire PO7 7XJ United Kingdom
Accountants
Bradbury Stell Unit 2 Beverley Court 26 Elmtree Road Teddington Middlesex TW11 8ST
- 3 -
Jiva Materials Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
73,716 
78,282 
Tangible assets
5
30,841 
36,937 
104,557 
115,219 
Current assets
Debtors
6
22,663 
6,326 
Cash at bank and in hand
59,171 
573,668 
81,834 
579,994 
Creditors: amounts falling due within one year
7
58,352 
49,934 
Net current assets
140,186 
629,928 
Net assets
244,743 
745,147 
Capital and reserves
Called up share capital
224 
224 
Share premium
1,973,284 
1,883,370 
Profit and loss account
(1,728,765)
(1,138,447)
Shareholders' funds
244,743 
745,147 
For the year ending 31 December 2024 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 30 June 2025 and were signed on its behalf by
J J Herring Director Company Registration No. 10952142
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Jiva Materials Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Jiva Materials Ltd is a private company, limited by shares, registered in England and Wales, registration number 10952142. The registered office is 22 Aston Road, Waterlooville, Hampshire, PO7 7XJ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% on Cost
Fixtures & fittings
33% on cost
Computer equipment
33% on Cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Patents & Licenses are being amortised evenly over their estimated useful life of twenty years.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
91,310 
At 31 December 2024
91,310 
Amortisation
At 1 January 2024
13,028 
Charge for the year
4,566 
At 31 December 2024
17,594 
Net book value
At 31 December 2024
73,716 
At 31 December 2023
78,282 
- 5 -
Jiva Materials Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
75,116 
6,467 
8,205 
89,788 
Additions
13,724 
- 
979 
14,703 
At 31 December 2024
88,840 
6,467 
9,184 
104,491 
Depreciation
At 1 January 2024
40,864 
6,467 
5,520 
52,851 
Charge for the year
17,768 
- 
3,031 
20,799 
At 31 December 2024
58,632 
6,467 
8,551 
73,650 
Net book value
At 31 December 2024
30,208 
- 
633 
30,841 
At 31 December 2023
34,252 
- 
2,685 
36,937 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,555 
- 
Accrued income and prepayments
2,108 
6,326 
22,663 
6,326 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(19,875)
(6,836)
Trade creditors
71,090 
7,560 
Taxes and social security
(110,431)
(58,676)
Other creditors
(1,106)
1,315 
Accruals
1,970 
6,703 
(58,352)
(49,934)
8
Average number of employees
During the year the average number of employees was 6 (2023: 4).
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