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Registered number: 14449762
JLD Change Management Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
TaxAssist Accountants
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 14449762
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,786 2,676
1,786 2,676
CURRENT ASSETS
Debtors 5 24,474 24,117
Cash at bank and in hand 24,951 61,610
49,425 85,727
Creditors: Amounts Falling Due Within One Year 6 (704 ) (18,343 )
NET CURRENT ASSETS (LIABILITIES) 48,721 67,384
TOTAL ASSETS LESS CURRENT LIABILITIES 50,507 70,060
NET ASSETS 50,507 70,060
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement 50,506 70,059
SHAREHOLDERS' FUNDS 50,507 70,060
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mrs Jennifer Dalzell
Director
30/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
JLD Change Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14449762 . The registered office is 10 Marine Terrace , Wallasey, CH45 7RE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% RBM
Computer Equipment 33% SLM
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 2,393 1,321 3,714
As at 31 March 2025 2,393 1,321 3,714
Depreciation
As at 1 April 2024 598 440 1,038
Provided during the period 449 441 890
As at 31 March 2025 1,047 881 1,928
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 1,346 440 1,786
As at 1 April 2024 1,795 881 2,676
5. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors - 5,890
Director's loan account 24,474 18,227
24,474 24,117
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Corporation tax - 17,708
Accruals and deferred income 704 635
704 18,343
7. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mrs Jennifer Dalzell 18,226 25,059 18,812 - 24,474
The above loan is unsecured, interest free and repayable on demand.
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