Jamie Ballan Associates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08885537

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,125		1,780

			3,125		1,780
CURRENT ASSETS
Debtors	5	623		1,042
Cash at bank and in hand		37,323		52,741

		37,946		53,783
Creditors: Amounts Falling Due Within One Year	6	(39,381 )		(45,507 )

NET CURRENT ASSETS (LIABILITIES)			(1,435 )		8,276

TOTAL ASSETS LESS CURRENT LIABILITIES			1,690		10,056

PROVISIONS FOR LIABILITIES
Deferred Taxation			(781 )		(445 )

NET ASSETS			909		9,611

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			809		9,511

SHAREHOLDERS' FUNDS			909		9,611

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Jamie Ballan Associates Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 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 in accordance with section 476 of the Companies Act 2006.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Ballan

Director

28/08/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jamie Ballan Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08885537 . The registered office is 5 Cornfield Terrace, Eastbourne, East Sussex, BN21 4NN.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities of the actual completion of a proportion of the total services to be rendered.

When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% on reducing balance
Computer Equipment	33% on reducing balance

2.4. Taxation

Taxation represents the sum of the tax currently payable and deferred tax.

The company's liability to tax is calculated using the tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of the assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period to which the liability is settled or the asset realised, based on tax rates and laws that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 2 (2024: 2)

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Jamie Ballan Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 March 2024	634	6,313	6,947
Additions	1,273	760	2,033

As at 28 February 2025	1,907	7,073	8,980

Depreciation
As at 1 March 2024	369	4,798	5,167
Provided during the period	103	585	688

As at 28 February 2025	472	5,383	5,855

Net Book Value
As at 28 February 2025	1,435	1,690	3,125

As at 1 March 2024	265	1,515	1,780

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	390	398
Prepayments	233	644

	623	1,042

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	19,907	16,507
VAT	8,567	8,251
Net wages	-	1,042
Other creditors	9,375	10,121
Accruals and deferred income	1,251	1,199
Directors' loan accounts	281	8,387

	39,381	45,507

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Jamie Ballan Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

7. Related Party Transactions

At the start of the year there was a balance owing to the director of £8,387, during the year amounts were repaid to the director of £10,457. The balance at the year end due to the director was £281. The loan is unsecured, interest free and repayable on demand.

During the year there were services provided to a company under common control totalling £154,730. At the year end, there were no amounts owing.

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