Company No: 08091770 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

J N Steffen

REGISTERED OFFICE	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT
	United Kingdom

COMPANY NUMBER

08091770 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	31.12.2024		31.12.2023
		£		£
Fixed assets
Tangible assets	4	24,066		27,282
Investments	5	1		1
		24,067		27,283
Current assets
Debtors	6	19,695		22,953
Cash at bank and in hand	7	336		818
		20,031		23,771
Creditors: amounts falling due within one year	8, 12	( 49,698)		( 58,573)
Net current liabilities		(29,667)		(34,802)
Total assets less current liabilities		(5,600)		(7,519)
Creditors: amounts falling due after more than one year	9	( 31,164)		( 36,620)
Net liabilities		( 36,764)		( 44,139)
Capital and reserves
Called-up share capital	11	1		1
Profit and loss account		( 36,765 )		( 44,140 )
Total shareholder's deficit		( 36,764)		( 44,139)

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Jonathan Steffen Limited (registered number: 08091770) were approved and authorised for issue by the Director on 23 September 2025. They were signed on its behalf by:

J N Steffen Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jonathan Steffen Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Taxation

Current tax
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.

Turnover

Turnover represents net invoiced sales from strategic corporate communication consultancy, excluding value added tax. Turnover is recognised by reference to the stage of completion.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	4 years straight line
Computer equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Goodwill

Goodwill is the amount paid for the use of the name 'The Corporate Story' and was amortised over 2 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

2. Employees

	31.12.2024		31.12.2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 January 2024	2,000		2,000
At 31 December 2024	2,000		2,000
Accumulated amortisation
At 01 January 2024	2,000		2,000
At 31 December 2024	2,000		2,000
Net book value
At 31 December 2024	0		0
At 31 December 2023	0		0

4. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 January 2024	1,009		28,480		2,448		10,125		42,062
Additions	646		25,699		0		157		26,502
Disposals	0		( 28,480)		0		0		( 28,480)
At 31 December 2024	1,655		25,699		2,448		10,282		40,084
Accumulated depreciation
At 01 January 2024	829		3,560		2,107		8,284		14,780
Charge for the financial year	99		3,212		220		1,267		4,798
Disposals	0		( 3,560)		0		0		( 3,560)
At 31 December 2024	928		3,212		2,327		9,551		16,018
Net book value
At 31 December 2024	727		22,487		121		731		24,066
At 31 December 2023	180		24,920		341		1,841		27,282

5. Fixed asset investments

Investments in subsidiaries

	31.12.2024
	£
Cost
At 01 January 2024	1
At 31 December 2024	1
Carrying value at 31 December 2024	1
Carrying value at 31 December 2023	1

6. Debtors

	31.12.2024		31.12.2023
	£		£
Trade debtors	12,588		16,174
Amounts owed by own subsidiaries	535		535
Amounts owed by director	0		778
Deferred tax asset	4,134		3,685
VAT recoverable	2,438		1,781
	19,695		22,953

7. Cash and cash equivalents

	31.12.2024		31.12.2023
	£		£
Cash at bank and in hand	313		0
Short-term deposits	23		818
	336		818
Less: Bank overdrafts	( 15,122)		( 13,788)
	(14,786)		(12,970)

8. Creditors: amounts falling due within one year

	31.12.2024		31.12.2023
	£		£
Bank loans and overdrafts	24,612		24,009
Trade creditors	5,779		7,530
Amounts owed to director	17		0
Accruals	3,251		5,505
Taxation and social security	13,422		19,608
Obligations under finance leases and hire purchase contracts	2,617		1,921
	49,698		58,573

9. Creditors: amounts falling due after more than one year

	31.12.2024		31.12.2023
	£		£
Bank loans	8,703		17,462
Obligations under finance leases and hire purchase contracts	22,461		19,158
	31,164		36,620

There are no amounts included above in respect of which any security has been given by the small entity.

10. Deferred tax

	31.12.2024		31.12.2023
	£		£
At the beginning of financial year	3,685		3,685
Credited to the Profit and Loss Account	449		0
At the end of financial year	4,134		3,685

11. Called-up share capital

	31.12.2024		31.12.2023
	£		£
Allotted, called-up and fully-paid
1 A ordinary share of £ 1.00	1		1

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

	31.12.2024		31.12.2023
	£		£
The following advances and credits to a director subsisted during the years ended 31st December 2024 and 1st January 2024:	0		0
J Steffen	0		0
Balance outstanding at start of year	778		9,839
Amount advanced	50,483		9,465
Amount repaid	(51,278)		(18,526)
	(17)		778