Company Registration No. 06759973 (England and Wales)
JMP Partnership (IW) Ltd
Unaudited accounts
for the year ended 30 March 2025
JMP Partnership (IW) Ltd
Unaudited accounts
Contents
JMP Partnership (IW) Ltd
Company Information
for the year ended 30 March 2025
Company Number
06759973 (England and Wales)
Registered Office
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
England
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
JMP Partnership (IW) Ltd
Statement of financial position
as at 30 March 2025
Tangible assets
3,215
3,213
Investment property
971,000
757,378
Cash at bank and in hand
241,487
5,432
Creditors: amounts falling due within one year
(2,919)
(23,685)
Net current assets
1,074,492
1,325,835
Total assets less current liabilities
2,048,707
2,086,426
Provisions for liabilities
Deferred tax
(50,968)
(29,493)
Net assets
1,997,739
2,056,933
Called up share capital
80
80
Capital redemption reserve
20
20
Profit and loss account
1,997,639
2,056,833
Shareholders' funds
1,997,739
2,056,933
For the year ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 December 2025 and were signed on its behalf by
Jonathan Platt
Director
Company Registration No. 06759973
JMP Partnership (IW) Ltd
Notes to the Accounts
for the year ended 30 March 2025
JMP Partnership (IW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06759973. The registered office is Vision Accounting, Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years SL
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
JMP Partnership (IW) Ltd
Notes to the Accounts
for the year ended 30 March 2025
4
Tangible fixed assets
Plant & machinery
Fair value at 31 March 2024
757,378
Net gain from fair value adjustments
60,753
Amounts falling due within one year
Accrued income and prepayments
-
6,115
Other debtors
834,338
1,072,840
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
34
14,231
JMP Partnership (IW) Ltd
Notes to the Accounts
for the year ended 30 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
832,887
276,772
516,253
593,406
832,887
276,772
516,253
593,406
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).