REGISTERED NUMBER: 08541370 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JDM DISTRIBUTORS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Malde

J J Malde

D J Malde

SECRETARY:

J J Malde

REGISTERED OFFICE:

11 Greenhill Crescent

Watford Business Park

Watford

Hertfordshire

WD18 8QU

REGISTERED NUMBER:

08541370 (England and Wales)

ACCOUNTANTS:

MGR MAP Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

BANKERS:

HSBC Bank Plc

73 High Street

Watford

Herts

WD17 2DS

CURRENT ASSETS

Stocks

508,187

538,794

Debtors

4

147,773

185,507

Cash at bank and in hand

58,615

84,150

714,575

808,451

CREDITORS

Amounts falling due within one year

5

(312,044

)

(376,292

)

NET CURRENT ASSETS

402,531

432,159

TOTAL ASSETS LESS CURRENT LIABILITIES

402,531

432,159

CREDITORS

Amounts falling due after more than one year

6

(1,769

)

(11,740

)

NET ASSETS

400,762

420,419

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

400,462

420,119

400,762

420,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

J J Malde - Director

1.	STATUTORY INFORMATION

JDM Distributors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position when the company becomes party to the contractual provisions of the instrument.

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 effectiveinterest 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 assetsclassified as receivable within one year are not amortised.

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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

45,061

183,507

Other debtors

102,712

2,000

147,773

185,507

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,462

10,000

Payments on account

8,274

-

Trade creditors

2,913

67,737

Taxation and social security

4,749

53,826

Other creditors

285,646

244,729

312,044

376,292

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,769

11,740

7.	RELATED PARTY DISCLOSURES

The company sold goods to the value of £784,879 (2024 - £964,812) to South African Foods Limited,

a company under the common control of the directors.

Included under other creditors is £202,710 (2024 - £171,195) due from from South African Foods Limited.