ACCOUNTS - Final Accounts preparation

Registered number: 11588450

JAFFE UK SERVICES LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

JAFFE UK SERVICES LTD

REGISTERED NUMBER: 11588450

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	142,314		120,288
Cash at bank and in hand	5	28,074		56,290
		170,388		176,578
Creditors: amounts falling due within one year	6	(77,434)		(71,931)
Net current assets			92,954		104,647
Total assets less current liabilities			92,954		104,647

Net assets			92,954		104,647

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		92,953	104,646
		92,954	104,647

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 December 2025.

Daniel Jaffe

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

JAFFE UK SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Jaffe UK Services Ltd is a private company limited by shares and incorporated in England and Wales. The address of its registered office is Dunn's Hat Factory,106-110 Kentish Town Road, London NW1 9PX.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue represents amounts receivable for professional services rendered, and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 2

JAFFE UK SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors,creditors and loans from related parties.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including director, during the year was 1 (2023 - 1).

Debtors

					2024	2023
					£	£


Trade debtors	103,959	55,838
Amounts owed by group undertakings	1	1
Other debtors	38,354	64,449
	142,314	120,288

5.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	28,074	56,290
	28,074	56,290

Page 3

JAFFE UK SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Other taxation and social security	31,638	45,181
Other creditors	44,046	25,000
Accruals and deferred income	1,750	1,750
	77,434	71,931

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 (2023 - 1) Ordinary share of £1.00	1	1

8.	Related party transactions
	At the balance sheet date, the aggregate amount owed by Ero Solutions Limited, the parent company, amounted to £1 (2023- £1).

9.	Controlling party

The controlling party is Ero Solutions Limited, the parent company. The ultimate controlling party is D E
Jaffe, who owns 100% of the share capital of Ero Solutions Limited.

Page 4