JMR Global Ltd


Directors	Mrs J MacDonald
	Mr S Crease


Registered Address	73 Lane End Drive
	Knaphill
	Woking
	GU21 2QG


Registered Number	07954425 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		1		643
			1		643
Current assets
Debtors	5	109,429		49,151
Cash at bank and on hand		8,477		120,749
		117,906		169,900
Creditors amounts falling due within one year	6	(101,059)		(90,560)
Net current assets (liabilities)			16,847		79,340
Total assets less current liabilities			16,848		79,983
Net assets			16,848		79,983
Capital and reserves
Called up share capital			100		100
Profit and loss account			16,748		79,883
Shareholders' funds			16,848		79,983

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 12 June 2025, and are signed on its behalf by:

Mrs J MacDonald
Director
Registered Company No. 07954425

JMR Global Ltd

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	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.

	Functional and presentation currency
	The presentation currency of the financial statements is the Pound Sterling (£).

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

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current 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.

Current 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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

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


		Straight line (years)
	Office Equipment	3

	Financial instruments
	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities. Financial assets are measured at amortised cost and comprise of cash and cash equivalents and trade and other debtors. Financial liabilities are measured at amortised cost and comprise of trade and other creditors.

	Related parties
	During the year, the company provided services amounting to £40,717 (2024 – £7,416) to JMR Strategic Search Recruitment Agency, a sole trade based in the Philippines, of which the director Miss J MacDonald holds an interest. These services were provided on an arms length basis. JMR Global Ltd received services from JMR Strategic Search Recruitment Agency amounting to £0 (2024 - £12,832). The amount due from JMR Strategic Search Recruitment Agency as at 31st March 2025 totaled £34,174 (2024 - £37,082).

Related parties

During the year, the company provided services amounting to £40,717 (2024 – £7,416) to JMR Strategic Search Recruitment Agency, a sole trade based in the Philippines, of which the director Miss J MacDonald holds an interest. These services were provided on an arms length basis.  JMR Global Ltd received services from JMR Strategic Search Recruitment Agency amounting to £0 (2024 - £12,832).  
The amount due from JMR Strategic Search Recruitment Agency as at 31st March 2025 totaled £34,174 (2024 - £37,082).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		3

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 April 24	20,000
	At 31 March 25	20,000
	Amortisation and impairment
	At 01 April 24	20,000
	At 31 March 25	20,000
	Net book value
	At 31 March 25	-
	At 31 March 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	3,799
	At 31 March 25	3,799
	Depreciation and impairment
	At 01 April 24	3,156
	Charge for year	642
	At 31 March 25	3,798
	Net book value
	At 31 March 25	1
	At 31 March 24	643

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	41,540	-
Other debtors	67,889	49,151
Total	109,429	49,151

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	39,687	17,120
Bank borrowings and overdrafts	194	267
Taxation and social security	51,444	57,184
Other creditors	7,364	13,624
Accrued liabilities and deferred income	2,370	2,365
Total	101,059	90,560