REGISTERED NUMBER: 11108729 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

JWAMM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Waugh

A M McClements

REGISTERED OFFICE:

Riverside House

River Lane

Saltney

Cheshire

CH4 8RQ

REGISTERED NUMBER:

11108729 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Virgin Money UK PLC.

FIXED ASSETS

Intangible assets

4

38,710

41,244

Investments

5

2,764,460

2,764,460

Investment property

6

1,007,392

1,022,392

3,810,562

3,828,096

CURRENT ASSETS

Debtors

7

192,502

188,618

Cash at bank

18,730

12,109

211,232

200,727

CREDITORS

Amounts falling due within one year

8

1,190,937

1,177,245

NET CURRENT LIABILITIES

(979,705

)

(976,518

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,830,857

2,851,578

CREDITORS

Amounts falling due after more than one year

9

408,418

482,538

NET ASSETS

2,422,439

2,369,040

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

2,422,339

2,368,940

SHAREHOLDERS' FUNDS

2,422,439

2,369,040

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th November 2025 and were signed on its behalf by:

A M McClements - Director

1.	STATUTORY INFORMATION

JWAMM 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.

Intangible assets

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1st April 2024

and 31st March 2025

52,677

AMORTISATION

At 1st April 2024

11,433

Amortisation for year

2,534

At 31st March 2025

13,967

NET BOOK VALUE

At 31st March 2025

38,710

At 31st March 2024

41,244

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1st April 2024

and 31st March 2025

2,764,460

NET BOOK VALUE

At 31st March 2025

2,764,460

At 31st March 2024

2,764,460

6.	INVESTMENT PROPERTY

The directors have stated that there is no change in market value of the investment property.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

192,038

188,416

Prepayments and accrued income

464

202

192,502

188,618

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 10)

6,833

7,140

Trade creditors

2,829

2,046

Tax

18,262

62,220

Social security and other taxes

14,622

14,749

VAT

25,797

26,332

Other creditors

1,051,883

922,579

Directors' current accounts

69,383

139,509

Accrued expenses

1,328

2,670

1,190,937

1,177,245

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 10)

408,418

482,538

10.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank loans

6,833

7,140

Amounts falling due between one and two years:

Bank loans - 1-2 years

74,427

90,596

Amounts falling due between two and five years:

Bank loans - 2-5 years

333,991

391,942

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

415,251

489,678

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary £1

£1

100

100

13.	CAPITAL COMMITMENTS

31.3.25

31.3.24

£

£

Contracted but not provided for in the

financial statements

-

-

14.	ULTIMATE CONTROLLING PARTY