JACOB'S CORNER LTD

JACOB'S CORNER LTD
Contents Page
For the Period 21 May 2024 to 30 June 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

JACOB'S CORNER LTD Accountants' Report For the Period 21 May 2024 to 30 June 2025
Accountants report You consider that the company is exempt from an audit for the year ended 30 June 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. MC CURIE TAX ACCOUNTANTS 30 June 2025 .................................................... MC CURIE TAX ACCOUNTANTS 23 Upper Church Lane Tipton West Midlands DY4 9PX 02 December 2025 1

JACOB'S CORNER LTD
Accountants' Report
For the Period 21 May 2024 to 30 June 2025

Accountants report

You consider that the company is exempt from an audit for the year ended 30 June 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
MC CURIE TAX ACCOUNTANTS
30 June 2025

....................................................

MC CURIE TAX ACCOUNTANTS
23 Upper Church Lane
Tipton
West Midlands
DY4 9PX
02 December 2025

1

JACOB'S CORNER LTD
Statement of Financial Position
As at 30 June 2025

	Notes	2025 £
Fixed assets
Intangible fixed assets	3	11,400
Tangible fixed assets	4	8,585
		19,985
Current assets
Stocks		11,000
Debtors		2,133
Cash at bank and in hand		458
		13,591
Creditors: amount falling due within one year		(26,254)
Net current assets		(12,663)

Total assets less current liabilities		7,322
Creditors: amount falling due after more than one year		(30,787)
Net assets		(23,465)

Capital and reserves
Called up share capital	5	1
Profit and loss account		(23,466)
Shareholders' funds		(23,465)

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 02 December 2025 and were signed by:

-------------------------------
Eldose Jacob
Director

2

JACOB'S CORNER LTD
Notes to the Abridged Financial Statements
For the Period 21 May 2024 to 30 June 2025

General Information

JACOB'S CORNER LTD is a private company, limited by shares, registered in England and Wales, registration number 15733314, registration address 238 Balgores Lane, Romford, RM2 6BS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	15% Reducing Balance
Motor Vehicles	15% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 0.

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 21 May 2024	-	-
Additions	12,000	12,000
Disposals	-	-
At 30 June 2025	12,000	12,000
Amortisation
At 21 May 2024	-	-
Charge for period	600	600
On disposals	-	-
At 30 June 2025	600	600
Net book values
At 30 June 2025	11,400	11,400
At 20 May 2024	-	-

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 21 May 2024	-	-	-
Additions	3,100	7,000	10,100
Disposals	-	-	-
At 30 June 2025	3,100	7,000	10,100
Depreciation
At 21 May 2024	-	-	-
Charge for period	465	1,050	1,515
On disposals	-	-	-
At 30 June 2025	465	1,050	1,515
Net book values
Closing balance as at 30 June 2025	2,635	5,950	8,585
Opening balance as at 21 May 2024	-	-	-

5.

Share Capital

Authorised
1 Class A share of £1.00 each

Allotted, called up and fully paid	2025 £
1 Class A share of £1.00 each	1
	1

3

Registered Number: 15733314
England and Wales
JACOB'S CORNER LTD

Abridged Accounts

Period of accounts Start date: 21 May 2024 End date: 30 June 2025