REGISTERED NUMBER: 04407956 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JMW BARNARD MANAGEMENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

C Ogden-Newton

REGISTERED OFFICE:

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

04407956 (England and Wales)

ACCOUNTANTS:

Barber & Company

A trading name of PCM Accounting Limited

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Property, plant and equipment

4

77,168

89,913

CURRENT ASSETS

Debtors

5

546,698

522,876

Cash at bank and in hand

181,068

332,783

727,766

855,659

CREDITORS

Amounts falling due within one year

6

506,814

478,838

NET CURRENT ASSETS

220,952

376,821

TOTAL ASSETS LESS CURRENT LIABILITIES

298,120

466,734

CREDITORS

Amounts falling due after more than one year

7

(229,726

)

(357,001

)

PROVISIONS FOR LIABILITIES

8

(19,154

)

(22,195

)

NET ASSETS

49,240

87,538

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

49,140

87,438

SHAREHOLDERS' FUNDS

49,240

87,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2025 and were signed by:

C Ogden-Newton - Director

1.	STATUTORY INFORMATION

JMW Barnard Management 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

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.

The financial statements have been prepared in accordance with applicable accounting standards. The particular accounting policies adopted are described below.

TURNOVER

Revenue 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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on reducing balance

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 19 (2024 - 19 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

52,210

156,624

116,410

325,244

Additions

-

-

4,903

4,903

At 31 March 2025

52,210

156,624

121,313

330,147

DEPRECIATION

At 1 April 2024

31,326

109,426

94,579

235,331

Charge for year

5,221

7,080

5,347

17,648

At 31 March 2025

36,547

116,506

99,926

252,979

NET BOOK VALUE

At 31 March 2025

15,663

40,118

21,387

77,168

At 31 March 2024

20,884

47,198

21,831

89,913

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

70,241

70,419

Amounts owed by group undertakings

400,000

400,000

Prepayments and accrued income

76,457

52,457

546,698

522,876

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

139,839

125,653

Trade creditors

4,942

17,039

Corporation tax

54,250

53,114

Social security and other taxes

115,634

102,058

Net wages

-

301

Accruals and deferred income

192,149

180,673

506,814

478,838

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

56,039

128,613

Bank loans - 2-5 years

173,687

172,423

Bank loans more 5 yr by instal

-

55,965

229,726

357,001

31.3.25

31.3.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

55,965

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax provision

19,154

22,195

Deferred

tax

£

Balance at 1 April 2024

22,195

Provided during year

(3,041

)

Balance at 31 March 2025

19,154

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary shares

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

87,438

Profit for the year

136,702

Dividends

(175,000

)

At 31 March 2025

49,140

11.	RELATED PARTY DISCLOSURES

During the year under review, the company's director, Mr C Ogden-Newton was paid a licence fee for offices amounting to £10,000.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is JMW Barnard Management (Holdings)Limited.

The ultimate controlling parties are the equity shareholders of JMW Barnard Management (Holdings) Limited.