REGISTERED NUMBER: 11118235 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Jar Tracking Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Elmakias

REGISTERED OFFICE:

Unit 1, Ground Floor Exhibition House

Addison Bridge Place

London

W14 8XP

REGISTERED NUMBER:

11118235 (England and Wales)

ACCOUNTANTS:

Wolfson Associates Limited

1st Floor

314 Regents Park Road

Finchley

London

N3 2LT

FIXED ASSETS

Tangible assets

4

1,459

-

CURRENT ASSETS

Stocks

182,710

467,198

Debtors

5

207,850

463,800

Cash at bank and in hand

455,482

25,712

846,042

956,710

CREDITORS

Amounts falling due within one year

6

252,813

460,368

NET CURRENT ASSETS

593,229

496,342

TOTAL ASSETS LESS CURRENT LIABILITIES

594,688

496,342

CREDITORS

Amounts falling due after more than one year

7

-

(6,901

)

PROVISIONS FOR LIABILITIES

-

(429,551

)

ACCRUALS AND DEFERRED INCOME

-

(28,000

)

NET ASSETS

594,688

31,890

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

594,588

31,790

594,688

31,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 December 2025 and were signed by:

Mr A Elmakias - Director

1.	STATUTORY INFORMATION

Jar Tracking 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible assets are initially measured at cost, and are subsequently measured at cost less any

accumulated depreciation and accumulated impairment losses or at a revalued amount.

Stocks

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

2,202

16,984

19,186

Additions

1,945

-

1,945

At 31 December 2024

4,147

16,984

21,131

DEPRECIATION

At 1 January 2024

2,202

16,984

19,186

Charge for year

486

-

486

At 31 December 2024

2,688

16,984

19,672

NET BOOK VALUE

At 31 December 2024

1,459

-

1,459

At 31 December 2023

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

172,428

381,898

Other debtors

4,070

55,690

Tax

22,519

-

Prepayments and accrued income

8,833

26,212

207,850

463,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

146,307

418,008

Tax

20,818

-

Social security and other taxes

1,522

1,834

VAT

2,158

9,563

Other creditors

675

8,689

Directors' current accounts

71,333

-

Accruals and deferred income

10,000

22,274

252,813

460,368

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

-

6,901

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the start of the year, the director's loan account had a balance of £NIL. During the year the director introduced £71,333 to the company. As a result, at the year end, the company owed £71,333 to the director. The loan is interests free and repayable on demand.