| Registered Number:04119146 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
JMP Electronics Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
JMP Electronics Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
905,051
905,647
2
214,865
214,865
3
1,119,916
1,120,512
| Trade and other receivables |
30,092
30,459
4
1,622,085
| Cash and cash equivalents |
1,682,196
1,712,655
1,652,177
| Trade and other payables: amounts falling due within one |
| year |
(23,805)
(32,847)
5
1,628,372
1,679,808
Net current assets
| Total assets less current liabilities |
2,799,724
2,748,884
2,799,724
Net assets
2,748,884
2
2
2,799,722
2,748,882
2,799,724
2,748,884
Shareholders' funds
| For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 04 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
JMP Electronics Limited
Notes to the Financial Statements
Statutory Information
| JMP Electronics Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 04119146. |
| Principal place of business: |
Unit 5B, Benbridge Industrial Estate
Heybridge
Maldon
Essex
CM9 4ER
16 Bentalls Shopping Centre
Colchester Road
Heybridge
Essex
CM9 4GD
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
Hire purchase and leasing commitments
| The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 31 December 2024
JMP Electronics Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
930,063
15,000
12,397
902,666
902,666
12,397
15,000
930,063
| Provision for depreciation and impairment |
24,416
12,935
11,481
-
Charge for year
596
413
183
-
25,012
13,348
11,664
-
902,666
733
1,652
905,051
902,666
916
2,065
905,647
| 3. Investments held as fixed assets |
214,865
214,865
214,865
214,865
214,865
214,865
214,865
214,865
| 4. Trade and other receivables |
2023
2024
28,656
28,656
1,803
1,436
30,092
30,459
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For the year ended 31 December 2024
JMP Electronics Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2023
2024
-
5,101
| Taxation and social security |
20,717
12,012
12,130
6,692
32,847
23,805
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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