JIMMY_MACKS_CASUAL_DINING

JIMMY MACKS CASUAL DINING COMPANY LIMITED

BALANCE SHEET as at 31 March 2025

2025

2024

Note

FIXED ASSETS

Tangible fixed assets

4,218

5,550

CURRENT ASSETS

Stock

826

672

Debtors

20,422

11,892

Bank and cash

50,273

49,208

71,521

61,772

CREDITORS amounts falling due within one year

(44,193)

(32,918)

NET CURRENT ASSETS

27,328

28,854

TOTAL ASSETS LESS CURRENT LIABILITIES

31,546

34,404

Provisions for liabilities and charges

(1,091)

(1,193)

NET ASSETS

30,455

33,211

CAPITAL AND RESERVES

Called up share capital

Profit and loss account

30,454

33,210

SHAREHOLDERS FUNDS

20,455

33,211

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities

The members have not required the company to obtain an audit of its accounts for the year in accordance with section 476

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the special provisions of the small companies' regime of the Companies Act 2006

As permitted by s444(5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's Profit and Loss Account

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JIMMY MACKS CASUAL DINING COMPANY LIMITED

BALANCE SHEET as at 31 March 2025 (Continued)

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 October 2025.

Mr James McCloskey

Director

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JIMMY MACKS CASUAL DINING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

ACCOUNTING POLICIES

Basis of preparation of financial statements

The company is a private company limited by shares and is incorporated and domiciled in England. The address of its registered office is 7 Queensway, Queensway, Halesowen, West Midlands B63 4AB.

The financial statements have been prepared on the going concern basis, under the historical cost convention. The financial statements of Jimmy Macks Casual Dining Company Limited have been prepared in compliance with United Kingdom Accounting Standards, including Section 1A Small Entities of Financial Reporting Standard 102. “The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland” (“FRS 102”) and the Companies Act 2006.

The significant accounting policies applied in the preparation of these financial statements are set out below.

Turnover

Turnover consists of revenue received for the supply of goods to third parties. Revenue is recognised as the daily till takings.

Cash Flow

The financial statements do not include a cash flow statement because the company, as a small reporting entity is exempt from the requirement to prepare such a statement.

Depreciation

Tangible fixed assets are valued at historic purchase cost less accumulated depreciation. Depreciation is provided to write off the cost less the estimated residual value of tangible fixed assets by equal instalments over their estimated useful economic lives as follows:

Fixtures, fittings, tools and equipment

5 years

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JIMMY MACKS CASUAL DINING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025 (Continued)

Deferred taxation

Deferred taxation is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax at a future date, at rates expected to apply when they crystallise based on current tax rates and legislation. Timing differences arise from the inclusion of items of income and expenditure in the taxation computation in periods different from those in which they are included in the accounts.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered. On the grounds of immateriality deferred tax assets and liabilities are not discounted.

Stock

Stocks are stated at the lower of cost and estimated selling price.

JIMMY MACKS CASUAL DINING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025 (Continued)

2. TANGIBLE FIXED ASSETS

Fixtures, Fittings

Tools &

Equipment

At 1 April 2024

Cost

32,662

Accumulated depreciation

(27,112)

Net book amount

5,550

Year ended 31 March 2025

Opening net book amount

5,550

Additions

748

Depreciation

(2,080)

Closing net book amount

4,218

At 31 March 2025

Cost

33,410

Accumulated depreciation

(29,192)

Net book amount

4,218

DEBTORS

2025

2024

Trade Debtors

422

1,892

Directors current account

10,000

Other debtors

10,000

11,892

20,422

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JIMMY MACKS CASUAL DINING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025 (Continued)

4. CREDITORS: amounts falling due within one year

2025

2024

Corporation tax

22,072

13,801

VAT

17,461

14,885

Accruals and deferred income

4,660

4,232

44,193

32,918

PROVISION FOR LIABILITIES AND CHARGES – Deferred tax

2025

2024

Accelerated capital allowances

1,091

1,193

CALLED UP SHARE CAPITAL

2025 & 2024

Authorised, allotted and fully paid

2 Equity Ordinary shares of 50p each

CONTROLLING PARTY

The company is under the control of Mrs Claire McCloskey and Mr James McCloskey who hold 100% of the ordinary shares in the company.

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