REGISTERED NUMBER: 11707913 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JDM RECRUITMENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J D Moodie

REGISTERED OFFICE:

71-75 Shelton Street Covent Garden

London

United Kingdom

WC2H 9JQ

REGISTERED NUMBER:

11707913 (England and Wales)

AUDITORS:

Cube Partners Limited

Chartered Accountants and Registered Auditors

5 Giffard Court

Millbrook Close

Northampton

Northamptonshire

NN5 5JF

FIXED ASSETS

Tangible assets

4

-

419

Investments

5

7,248,873

7,248,873

7,248,873

7,249,292

CURRENT ASSETS

Debtors

6

175,521

521

Cash at bank

323,122

103,140

498,643

103,661

CREDITORS

Amounts falling due within one year

7

3,579,586

3,029,586

NET CURRENT LIABILITIES

(3,080,943

)

(2,925,925

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,167,930

4,323,367

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

4,167,929

4,323,366

4,167,930

4,323,367

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 23 September 2025 and were signed by:

Mr J D Moodie - Director

1.	STATUTORY INFORMATION

JDM Recruitment 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.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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

-

33% on cost

Investments in subsidiaries

Investment in subsidiaries are held at cost less accumulated impairment loss.

Financial instruments

Cash and cash equivalents in the balance sheet comprises of cash at banks and in hand and short term deposits with an original maturity date of three months or less.

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 statement of comprehensive income and under administrative expenses.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

1,344

DEPRECIATION

At 1 January 2024

925

Charge for year

419

At 31 December 2024

1,344

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

419

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

7,248,873

NET BOOK VALUE

At 31 December 2024

7,248,873

At 31 December 2023

7,248,873

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

£

£

Amounts owed by group undertakings

175,000

-

Other debtors

521

521

175,521

521

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

£

£

Other creditors

3,579,586

3,029,586

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Steven Jones (Senior Statutory Auditor)

for and on behalf of Cube Partners Limited

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed a participating interest owner company £3,179,586 (2023: £3,029,586). The amounts have no formal terms of repayment. The amounts are shown under creditors due within one year.

10.	ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is Clan Equity Limited.

The smallest and largest group in which the company's results are consolidated is Clan Equity Limited. A copy of the group accounts can be obtained from Clan Equity Limited, whose registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.