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Registered number: 13928392
P B Jackson Architecture Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Joshua Leigh & Co Ltd
Chartered Accountants
159 High Street
Barnet
EN5 5SU
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13928392
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 22,097 33,005
Tangible Assets 5 1,738 187
23,835 33,192
CURRENT ASSETS
Debtors 11,010 6,731
Cash at bank and in hand 27,387 21,177
38,397 27,908
Creditors: Amounts Falling Due Within One Year (12,154 ) (18,626 )
NET CURRENT ASSETS (LIABILITIES) 26,243 9,282
TOTAL ASSETS LESS CURRENT LIABILITIES 50,078 42,474
NET ASSETS 50,078 42,474
CAPITAL AND RESERVES
Called up share capital 10 10
Profit and Loss Account 50,068 42,464
SHAREHOLDERS' FUNDS 50,078 42,474
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 P Jackson
Director
18 November 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
P B Jackson Architecture Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13928392 . The registered office is 159 High Street, Barnet, Hertfordshire, EN5 5SU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Website Development are being amortised evenly over their estimated useful life of four years.
Computer software is being amortised evenly over its estimated useful life of four years
2.5. 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:
Plant & Machinery 25% on cost
Computer Equipment 35% on reducing balance
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 2
Page 3
4. Intangible Assets
Goodwill Software Costs Development Costs Total
£ £ £ £
Cost
As at 1 March 2024 50,480 1,928 1,316 53,724
As at 28 February 2025 50,480 1,928 1,316 53,724
Amortisation
As at 1 March 2024 19,141 952 626 20,719
Provided during the period 10,096 482 330 10,908
As at 28 February 2025 29,237 1,434 956 31,627
Net Book Value
As at 28 February 2025 21,243 494 360 22,097
As at 1 March 2024 31,339 976 690 33,005
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2024 166 100 266
Additions - 2,020 2,020
As at 28 February 2025 166 2,120 2,286
Depreciation
As at 1 March 2024 24 55 79
Provided during the period 42 427 469
As at 28 February 2025 66 482 548
Net Book Value
As at 28 February 2025 100 1,638 1,738
As at 1 March 2024 142 45 187
Page 3