IRIS Accounts Production v25.2.0.378 06454321 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 1.00000 1.00000 1.00000 Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 1.00000 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064543212023-12-31064543212024-12-31064543212024-01-012024-12-31064543212022-12-31064543212023-01-012023-12-31064543212023-12-3106454321ns15:EnglandWales2024-01-012024-12-3106454321ns14:PoundSterling2024-01-012024-12-3106454321ns10:Director12024-01-012024-12-3106454321ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3106454321ns10:SmallEntities2024-01-012024-12-3106454321ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3106454321ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3106454321ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3106454321ns10:FullAccounts2024-01-012024-12-310645432112024-01-012024-12-3106454321ns10:OrdinaryShareClass12024-01-012024-12-3106454321ns10:OrdinaryShareClass22024-01-012024-12-3106454321ns10:OrdinaryShareClass32024-01-012024-12-31064543211ns10:OrdinaryShareClass12024-01-012024-12-31064543212ns10:OrdinaryShareClass22024-01-012024-12-3106454321ns10:OrdinaryShareClass332024-01-012024-12-3106454321ns10:Director22024-01-012024-12-3106454321ns10:RegisteredOffice2024-01-012024-12-3106454321ns5:CurrentFinancialInstruments2024-12-3106454321ns5:CurrentFinancialInstruments2023-12-3106454321ns5:ShareCapital2024-12-3106454321ns5:ShareCapital2023-12-3106454321ns5:RetainedEarningsAccumulatedLosses2024-12-3106454321ns5:RetainedEarningsAccumulatedLosses2023-12-3106454321ns5:NetGoodwill2024-01-012024-12-3106454321ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3106454321ns5:ComputerEquipment2024-01-012024-12-3106454321ns5:NetGoodwill2023-12-3106454321ns5:NetGoodwill2024-12-3106454321ns5:NetGoodwill2023-12-3106454321ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3106454321ns5:ComputerEquipment2023-12-3106454321ns5:LongLeaseholdAssetsns5:LandBuildings2024-01-012024-12-3106454321ns5:LongLeaseholdAssetsns5:LandBuildings2024-12-3106454321ns5:ComputerEquipment2024-12-3106454321ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3106454321ns5:ComputerEquipment2023-12-3106454321ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3106454321ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3106454321ns10:OrdinaryShareClass12024-12-3106454321ns10:OrdinaryShareClass22024-12-3106454321ns10:OrdinaryShareClass32024-12-31
REGISTERED NUMBER: 06454321 (England and Wales)





















JSP MANAGEMENT LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






JSP MANAGEMENT LTD (REGISTERED NUMBER: 06454321)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


JSP MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs S C Powell
J E Powell





REGISTERED OFFICE: Thorpe View
The Green
Culworth
Banbury
Oxfordshire
OX17 2BB





REGISTERED NUMBER: 06454321 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ
Page 1
JSP MANAGEMENT LTD (REGISTERED NUMBER: 06454321)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 21,414 28,359
Tangible assets 5 25,035 21,078
46,449 49,437

CURRENT ASSETS
Debtors 6 31,237 24,800
Cash at bank 67,352 89,511
98,589 114,311
CREDITORS
Amounts falling due within one year 7 43,301 47,262
NET CURRENT ASSETS 55,288 67,049
TOTAL ASSETS LESS CURRENT LIABILITIES 101,737 116,486

PROVISIONS FOR LIABILITIES 4,903 4,147
NET ASSETS 96,834 112,339

CAPITAL AND RESERVES
Called up share capital 8 100 10
Retained earnings 96,734 112,329
SHAREHOLDERS' FUNDS 96,834 112,339

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes on pages 4 to 7 form part of these financial statements

Page 2
JSP MANAGEMENT LTD (REGISTERED NUMBER: 06454321)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:





J E Powell - Director


The notes on pages 4 to 7 form part of these financial statements

Page 3
JSP MANAGEMENT LTD (REGISTERED NUMBER: 06454321)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

JSP Management Ltd 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% 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 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.

Page 4
JSP MANAGEMENT LTD (REGISTERED NUMBER: 06454321)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

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.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 138,900
AMORTISATION
At 1 January 2024 110,541
Charge for year 6,945
At 31 December 2024 117,486
NET BOOK VALUE
At 31 December 2024 21,414
At 31 December 2023 28,359

Page 5
JSP MANAGEMENT LTD (REGISTERED NUMBER: 06454321)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Long Computer
leasehold equipment Totals
£    £    £   
COST
At 1 January 2024 17,870 20,927 38,797
Additions - 5,284 5,284
At 31 December 2024 17,870 26,211 44,081
DEPRECIATION
At 1 January 2024 - 17,719 17,719
Charge for year - 1,327 1,327
At 31 December 2024 - 19,046 19,046
NET BOOK VALUE
At 31 December 2024 17,870 7,165 25,035
At 31 December 2023 17,870 3,208 21,078

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,964 24,748
Other debtors 273 52
31,237 24,800

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,629 3,317
Taxation and social security 29,589 41,871
Other creditors 2,083 2,074
43,301 47,262

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
90 Ordinary £1 90 10
5 Ordinary A £1 5 -
5 Ordinary B £1 5 -
100 10

Page 6
JSP MANAGEMENT LTD (REGISTERED NUMBER: 06454321)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. CALLED UP SHARE CAPITAL - continued

The following shares were issued during the year for cash at par :

80 Ordinary shares of £1
5 Ordinary A shares of £1
5 Ordinary B shares of £1

Page 7