J.P.J. Communications Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01574194 (England and Wales)

Report of the Directors and

Financial Statements for the Year Ended 31 December 2024

for

J.P.J. Communications Limited

Page

Company Information

1

Report of the Directors

2

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Mrs M Baldwin

Mr J Baldwin

Mrs J M C Crossland

Ms T Swinglehurst

Ms K Baldwin

SECRETARY:

Ms T Swinglehurst

REGISTERED OFFICE:

Kencot House

Kencot

Lechlade

Oxfordshire

GL7 3QX

REGISTERED NUMBER:

01574194 (England and Wales)

SENIOR STATUTORY
AUDITOR:

Jeffrey Alan Oliver

AUDITORS:

Cook & Partners

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Mrs M Baldwin

Mr J Baldwin

Mrs J M C Crossland

Ms T Swinglehurst

Ms K Baldwin

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Cook & Partners, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr J Baldwin - Director

5 September 2025

CURRENT ASSETS

Debtors

5

826,782

844,197

Cash at bank

1,066,899

603,822

1,893,681

1,448,019

CREDITORS

Amounts falling due within one year

6

409,266

1,137,493

NET CURRENT ASSETS

1,484,415

310,526

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,484,415

310,526

CAPITAL AND RESERVES

Called up share capital

100

Share premium

658

Retained earnings

1,483,657

309,768

SHAREHOLDERS' FUNDS

1,484,415

310,526

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

Mr J Baldwin - Director

1.	STATUTORY INFORMATION

J.P.J. Communications 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.

2.	ACCOUNTING POLICIES

Accounting convention

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue note

Turnover relates to royalty income and is accounted for on an accruals basis. Advances received are recognised in the year received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

Updated accounts have been reviewed for the period following the balance sheet date, paying attention to the prospective cash position in a variety of scenarios. Additionally, the company had significant net current assets at the year end.

As such the financial statements have been prepared on a going concern basis which forecasts that the Company will have sufficient liquidity to meet its financial obligations for a period of at least 12 months from the date of this financial report.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 January 2024

and 31 December 2024

1,044,030

35,080

1,079,110

DEPRECIATION

At 1 January 2024

and 31 December 2024

1,044,030

35,080

1,079,110

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

53,854

206,799

Other debtors

772,928

492,983

Tax

-

144,415

826,782

844,197

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Tax

47,507

-

Social security and other taxes

3,857

2,004

VAT

37,719

139,098

Other creditors

202,209

851,637

Accrued expenses

117,974

144,754

409,266

1,137,493

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeffrey Alan Oliver (Senior Statutory Auditor)

for and on behalf of Cook & Partners

8.	DIRECTORS ADVANCES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Mr J Baldwin

Balance outstanding at start of year

-

962,989

Amounts repaid

-

(962,989

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

A loan of £962,989 was advanced to Mr J Baldwin on 23rd December 2022 and repaid on 5th January 2023.