Jellyworks Healthcare Ltd - Filleted accounts

Registered number

06946506

Jellyworks Healthcare Ltd

Filleted Accounts

30 June 2025

Jellyworks Healthcare Ltd
Registered number:		06946506
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	4		9,934			17,065
Tangible assets	5		23,392			31,752
			33,326			48,817

Current assets
Stocks		159,828			104,279
Debtors	6	148,755			184,596
Investments held as current assets	2	115,707			88,896
Cash at bank and in hand		254,383			324,732
		678,673			702,503

Creditors: amounts falling due within one year	7	(48,451)			(93,996)

Net current assets			630,222			608,507

Total assets less current liabilities			663,548			657,324


Provisions for liabilities			-			(2,293)


Net assets			663,548			655,031

Capital and reserves
Called up share capital			100			100
Profit and loss account			663,448			654,931

Shareholders' funds			663,548			655,031

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A Groom
Director
Approved by the board on 3 November 2025

Jellyworks Healthcare Ltd
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Intangible fixed assets
	NFTs are treated as intangible fixed assets initially measured at cost then revalued each year using the available quoted values for such assets.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures & fittings	20% reducing balance
	Computer equipment	1/3 straight line
	Motor vehicles	25% reducing balance

	Investments
	Unlisted investments within current assets are measured at fair value using market rates which are readily available to value such assets. Unrealised changes in fair value are included in the profit and loss account along with the association deferred tax provision.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Current asset investments			2025		2024
£					£
	Brought forward valuation			88,896		74,413
	Addition in year
	Unrealised surplus on revaluation			26,811		14,483

				115,707		88,896


3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


4	Intangible fixed assets					£
	NFTs:			2025		2024

	Valuation
	At 1 July 2024			17,065		16,788
	Additions			338		-
	Revaluation intangibles			(7,469)		277
	At 30 June 2025			9,934		17,065

	NFTs are revalued annually based on the available quoted values for such assets at each year end.


5	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 July 2024	8,995		67,714		76,709
	Disposals	(1,263)		-		(1,263)
	At 30 June 2025	7,732		67,714		75,446

	Depreciation
	At 1 July 2024	5,810		39,147		44,957
	Charge for the year	804		7,142		7,946
	On disposals	(849)		-		(849)
	At 30 June 2025	5,765		46,289		52,054

	Net book value
	At 30 June 2025	1,967		21,425		23,392
	At 30 June 2024	3,185		28,567		31,752


6	Debtors			2025		2024
£					£

	Trade debtors			110,996		159,678
	Deferred tax asset			2,388		-
	Other debtors			35,371		24,918
				148,755		184,596


7	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			9,007		11,337
	Taxation and social security costs			26,925		54,492
	Other creditors			12,519		28,167
				48,451		93,996


8	Controlling party

	The company is controlled by Mr A Groom


9	Other information

	Jellyworks Healthcare Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	5 St John's Lane
	London
	EC1M 4BH