REGISTERED NUMBER: 11881460 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

James G Fx Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Gaunt

REGISTERED OFFICE:

54 Newberries Avenue

Radlett

WD7 7EP

REGISTERED NUMBER:

11881460 (England and Wales)

ACCOUNTANTS:

Vitta Advisory Limited

54 Newberries Avenue

Radlett

WD7 7EP

FIXED ASSETS

Property, plant and equipment

4

34,044

36,380

CURRENT ASSETS

Debtors

5

33,418

32,070

Cash at bank

36,591

2,475

70,009

34,545

CREDITORS

Amounts falling due within one year

6

(39,894

)

(34,363

)

NET CURRENT ASSETS

30,115

182

TOTAL ASSETS LESS CURRENT LIABILITIES

64,159

36,562

CREDITORS

Amounts falling due after more than one year

7

(20,402

)

(25,223

)

NET ASSETS

43,757

11,339

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

43,657

11,239

43,757

11,339

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

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

The financial statements were approved by the director and authorised for issue on 17th September 2025 and were signed by:

J Gaunt - Director

1.	STATUTORY INFORMATION

James G Fx 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

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.

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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

5,364

33,400

3,594

42,358

Additions

7,640

-

1,177

8,817

At 31st March 2025

13,004

33,400

4,771

51,175

DEPRECIATION

At 1st April 2024

2,571

696

2,711

5,978

Charge for year

2,263

8,350

540

11,153

At 31st March 2025

4,834

9,046

3,251

17,131

NET BOOK VALUE

At 31st March 2025

8,170

24,354

1,520

34,044

At 31st March 2024

2,793

32,704

883

36,380

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

6,096

4,411

Directors' current accounts

27,322

27,659

33,418

32,070

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

1,750

1,750

Hire purchase contracts

6,718

6,718

Trade creditors

244

5

Tax

24,229

20,629

VAT

5,753

4,061

Accruals and deferred income

1,200

1,200

39,894

34,363

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

291

2,041

Hire purchase contracts

20,111

23,182

20,402

25,223