REGISTERED NUMBER: 09896252 (England and Wales)

Jemmap UK Limited

Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

P Ambrosi

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

09896252 (England and Wales)

Current assets

Debtors

4

125,000

125,000

Cash at bank

264,224

162,379

389,224

287,379

Creditors

Amounts falling due within one year

5

398,253

284,407

Net current (liabilities)/assets

(9,029

)

2,972

Total assets less current liabilities

(9,029

)

2,972

Capital and reserves

Called up share capital

100

100

Retained earnings

(9,129

)

2,872

(9,029

)

2,972

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 8 December 2025 and were signed by:

P Ambrosi - Director

1.	Statutory information

Jemmap UK 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.

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 479A of the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Set out below is a summary of the principal accounting policies, all of which have been consistently applied throughout the year and the proceeding year (except as otherwise stated).

The financial statements are presented in the Pound Sterling (£).

Significant judgements and estimates

There are no significant judgements or estimates used on the preparation of these accounts.

Turnover

Turnover comprises of the fair value of the consideration received or receivable for the company's share of profits earned by investments in Limited Partnerships. Turnover is recognised for the period to which the share of profits relate to.

Financial instruments

Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds basic financial instruments which comprise cash at bank and trade and other payables. The company has chosen to apply the provisions of Section 11 Basic Financial Instruments.

Financial assets - classified as basic financial instruments

(i) Cash at bank and in hand

Cash at bank and in hand include cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less.

Financial Liabilities - classified as basic financial instruments

(ii) Trade and other payables and loans and borrowings

Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method. Amounts that are payable within one year are measured at the discounted amount of the cash expected to be paid.

Fixed Asset Investments

The fixed asset investments are stated at cost less any provision for impairment.

Going concern

The director intends for the Company to go into voluntary liquidation following the cessation of the Company's activities. The director anticipates that this process will start within the next 12 months. Accordingly the director has prepared the financial statements on a basis other than that of a going concern. The director has reviewed the Company's assets and considers the value of all of the assets disclosed in the financial statements to be at the lower of cost and net realisable value. The financial statements do not include any provision for costs as a result of preparing the financial statements on a basis other than that of going concern.

3.	Employees and directors

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

4.

Debtors: amounts falling due within one year

2024

2023

£

£

Directors' current accounts

125,000

125,000

5.

Creditors: amounts falling due within one year

2024

2023

£

£

Tax

369,404

255,558

Accruals and deferred income

28,849

28,849

398,253

284,407

6.	Ultimate controlling party

The ultimate controlling party is P Ambrosi.