ACCOUNTS - Final Accounts

Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Registered number: 07787530 (England and Wales)

JACKSON DAWSON-EUROPE LIMITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023


JACKSON DAWSON-EUROPE LIMITED

COMPANY INFORMATION

Director	S A Dawson


Registered number	07787530


Registered office	Birchin Court
	5th Floor
	19-25 Birchin Lane
	London
	United Kingdom
	EC3V 9DU


Independent auditors	ZEDRA Corporate Reporting Services (UK) Limited


JACKSON DAWSON-EUROPE LIMITED

CONTENTS

	Page
Balance Sheet	1
Notes to the Financial Statements	2 - 5


JACKSON DAWSON-EUROPE LIMITED REGISTERED NUMBER:07787530

BALANCE SHEET

AS AT 31 DECEMBER 2023

		2023		2022
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	50,187		93,701
Bank and cash balances		99,798		40,513
		149,985		134,214
Creditors: amounts falling due within one year	5	(36,328)		(29,104)
Net current assets			113,657		105,110
Total assets less current liabilities			113,657		105,110

Net assets			113,657		105,110

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	112,657	104,110
	113,657	105,110

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S A Dawson

Director

Date: 30 September 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1


JACKSON DAWSON-EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies

1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

1.2

Going concern

The Company is in a net asset position due to and continues to remain reliant on the support of the parent company, Jackson Dawson Communications, Inc. The Company has received written confirmation from its parent company that it will continue to provide financial support to the Company for a period of at least 12 months from the date of signing these financial statements.
The director has considered the availability of financing and the strategic importance of the Company to the wider group. Following the year end, the Company has reduced its operations and is no longer working on active UK projects, this gives rise to a material uncertainty over the strategic importance of the UK entity. Despite this, the director believes the entity will remain a going concern with financial support being provided by the parent company so as to ensure any new UK projects can be accepted by the wider group. For this reason, the director continues to prepare the financial statements on a going concern basis.

1.3

Turnover

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

Rendering of services

Turnover is recognised on a cost plus 6% basis, in line with the intercompany service agreement with the parent company. Intercompany turnover is recognised when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the intercompany service agreement;

∙the costs incurred under the intercompany service agreement can be measured reliably.

1.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 2


JACKSON DAWSON-EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies (continued)

1.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Amounts owed by group undertakings are intercompany loans measured at cost. These loans are unsecured, interest free and repayable on demand.

1.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash held on deposit by service providers is included within bank and cash balances, as these amounts are highly liquid and repayable without penalty on notice of not more than 24 hours.

1.7

Creditors

Short term creditors are measured at the transaction price.

1.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

1.9

Operating leases: the Company as lessee

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

Page 3


JACKSON DAWSON-EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies (continued)

1.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2023 was unqualified.

The auditors drew attention to note 1.2 to these accounts which indicates the existence of material uncertainty which may cause significant doubt about the Company's ability to continue as a going concern.

The audit report was signed on 30 September 2025 by Edward Wallis ACA (Senior Statutory Auditor) on behalf of ZEDRA Corporate Reporting Services (UK) Limited.

Employees

The average monthly number of employees during the year was 1 (2022 - 2).

Debtors

					2023	2022
					£	£


Amounts owed by group undertakings	48,499	80,837
Other debtors	757	7,603
Prepayments and accrued income	931	5,261
	50,187	93,701

Page 4


JACKSON DAWSON-EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

5.	Creditors: Amounts falling due within one year
		2023	2022
		£	£

Trade creditors	-	5,323
Corporation tax	4,468	2,363
Other taxation and social security	-	3,560
Accruals and deferred income	31,860	17,858
	36,328	29,104

	Not later than one year	-	20,800
		-	20,800

7.	Controlling party

Jackson Dawson Communications, Inc. is the parent of the smallest group for which consolidated financial statements are drawn up of which the Company is a member. The registered office of the parent company is 500 Town Center Drive, Dearborn, MI 48126.

8.	Post balance sheet events

There were no adjusting or non-adjusting post balance sheet events occurring between the end of the reporting period and the date these financial statements were approved.

Page 5