Company registration number 11487966 (England and Wales)
JMW Systems Group Ltd
unaudited financial statements
for the year ended 30 March 2025
Pages for filing with registrar
JMW Systems Group Ltd
Contents
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
JMW Systems Group Ltd
Balance sheet
as at 30 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
2
2
Investments
5
280,004
280,004
280,006
280,006
Current assets
-
-
Creditors: amounts falling due within one year
7
(4)
(4)
Net current liabilities
(4)
(4)
Net assets
280,002
280,002
Capital and reserves
Called up share capital
8
200,016
200,016
Share premium account
79,986
79,986
Total equity
280,002
280,002

For the financial year ended 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 November 2025 and are signed on its behalf by:
C M Ryan
Director
Company registration number 11487966 (England and Wales)
JMW Systems Group Ltd
Statement of changes in equity
for the year ended 30 March 2025
- 2 -
Share capital
Share premium account
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 31 March 2023
200,016
79,986
-
0
280,002
Year ended 30 March 2024:
Profit and total comprehensive income
-
-
33,000
33,000
Dividends
-
-
(33,000)
(33,000)
Balance at 30 March 2024
200,016
79,986
-
0
280,002
Year ended 30 March 2025:
Profit and total comprehensive income
-
-
20,000
20,000
Dividends
-
-
(20,000)
(20,000)
Balance at 30 March 2025
200,016
79,986
-
0
280,002
JMW Systems Group Ltd
Notes to the financial statements
for the year ended 30 March 2025
- 3 -
1
Accounting policies
Company information

JMW Systems Group Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Systems House, Stone Enterprise Centre, Emerald Way, Stone Business Park, Stone, ST15 0SR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

JMW Systems Group Ltd
Notes to the financial statements (continued)
for the year ended 30 March 2025
1
Accounting policies (continued)
- 4 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

JMW Systems Group Ltd
Notes to the financial statements (continued)
for the year ended 30 March 2025
- 5 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
2
4
Intangible fixed assets
Other
£
Cost
At 31 March 2024 and 30 March 2025
2
Amortisation and impairment
At 31 March 2024 and 30 March 2025
-
0
Carrying amount
At 30 March 2025
2
At 30 March 2024
2
5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
280,004
280,004
6
Subsidiaries

Details of the company's subsidiaries at 30 March 2025 are as follows:

JMW Systems Group Ltd
Notes to the financial statements (continued)
for the year ended 30 March 2025
6
Subsidiaries (continued)
- 6 -
Name of undertaking
Registered office
Class of shares held
% Held
Direct
JMW Systems Limited
UK
Master shares
100
JMW Media Limited
UK
Ordinary shares
100
J Murdoch Wight Limited
UK
Master shares
100
Bespoke Shelter Solutions Ltd
UK
Ordinary shares
100
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking
Capital and Reserves
Profit/(Loss)
£
£
JMW Systems Limited
1,383,350
418,303
JMW Media Limited
(21,207)
0
(5,182)
0
J Murdoch Wight Limited
1
-
0
Bespoke Shelter Solutions Ltd
4,726
(1,890)
0
7
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
4
4
8
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
160,000 Ordinary shares of 0.01p each
16
16
Preference share capital
Issued and fully paid
200,000 Preference shares of £1 each
200,000
200,000
Preference shares classified as equity
200,000
200,000
Total equity share capital
200,016
200,016
2025-03-30 2024-03-31 false false false 03 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity C M Ryan G M Bruce V M Williamson A J Hartley 2025-11-06 11487966 2024-03-31 2025-03-30 11487966 2025-03-30 11487966 2024-03-30 11487966 core:IntangibleAssetsOtherThanGoodwill 2025-03-30 11487966 core:IntangibleAssetsOtherThanGoodwill 2024-03-30 11487966 core:ShareCapital 2025-03-30 11487966 core:ShareCapital 2024-03-30 11487966 core:SharePremium 2025-03-30 11487966 core:SharePremium 2024-03-30 11487966 core:ShareCapital 2023-03-30 11487966 core:SharePremium 2023-03-30 11487966 core:RetainedEarningsAccumulatedLosses 2023-03-30 11487966 core:RetainedEarningsAccumulatedLosses 2024-03-30 11487966 core:RetainedEarningsAccumulatedLosses 2025-03-30 11487966 core:ShareCapitalOrdinaryShareClass1 2025-03-30 11487966 core:ShareCapitalOrdinaryShareClass1 2024-03-30 11487966 core:ShareCapitalPreferenceShareClass1 2025-03-30 11487966 core:ShareCapitalPreferenceShareClass1 2024-03-30 11487966 bus:Director1 2024-03-31 2025-03-30 11487966 core:RetainedEarningsAccumulatedLosses 2023-03-31 2024-03-30 11487966 2023-03-31 2024-03-30 11487966 core:RetainedEarningsAccumulatedLosses 2024-03-31 2025-03-30 11487966 core:IntangibleAssetsOtherThanGoodwill 2024-03-30 11487966 core:Subsidiary1 2024-03-31 2025-03-30 11487966 core:Subsidiary2 2024-03-31 2025-03-30 11487966 core:Subsidiary3 2024-03-31 2025-03-30 11487966 core:Subsidiary4 2024-03-31 2025-03-30 11487966 core:Subsidiary1 1 2024-03-31 2025-03-30 11487966 core:Subsidiary2 2 2024-03-31 2025-03-30 11487966 core:Subsidiary3 3 2024-03-31 2025-03-30 11487966 core:Subsidiary4 4 2024-03-31 2025-03-30 11487966 core:Subsidiary1 2025-03-30 11487966 core:Subsidiary2 2025-03-30 11487966 core:Subsidiary3 2025-03-30 11487966 core:Subsidiary4 2025-03-30 11487966 core:CurrentFinancialInstruments 2025-03-30 11487966 core:CurrentFinancialInstruments 2024-03-30 11487966 bus:PrivateLimitedCompanyLtd 2024-03-31 2025-03-30 11487966 bus:FRS102 2024-03-31 2025-03-30 11487966 bus:AuditExempt-NoAccountantsReport 2024-03-31 2025-03-30 11487966 bus:Director2 2024-03-31 2025-03-30 11487966 bus:Director3 2024-03-31 2025-03-30 11487966 bus:Director4 2024-03-31 2025-03-30 11487966 bus:SmallCompaniesRegimeForAccounts 2024-03-31 2025-03-30 11487966 bus:FullAccounts 2024-03-31 2025-03-30 xbrli:pure xbrli:shares iso4217:GBP