REGISTERED NUMBER: 13164202 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

NJM Inc Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Miss N J Moodie

REGISTERED OFFICE:

46 Upper Norwood Street

Cheltenham

United Kingdom

Gloucestershire

GL53 0EA

REGISTERED NUMBER:

13164202 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Investment property

4

200,000

200,000

CURRENT ASSETS

Cash at bank

876

2,416

CREDITORS

Amounts falling due within one year

5

172,304

177,888

NET CURRENT LIABILITIES

(171,428

)

(175,472

)

TOTAL ASSETS LESS CURRENT LIABILITIES

28,572

24,528

PROVISIONS FOR LIABILITIES

2,439

2,439

NET ASSETS

26,133

22,089

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10,400

10,400

Retained earnings

15,633

11,589

SHAREHOLDERS' FUNDS

26,133

22,089

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 12 December 2025 and were signed by:

Miss N J Moodie - Director

1.	STATUTORY INFORMATION

NJM Inc 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 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents rental income due for the accounting period from the investment property.

Investment property

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

Despite net current liabilities of £171,428 at 31 March 2025 (2024 - £175,472), the financial statements have been prepared on a going concern basis. The director has reviewed the future cash flows of the company and has expressed her intention to financially support the company for the foreseeable future, deeming the going concern basis of preparation to be appropriate.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2024

and 31 March 2025

200,000

Net book value

At 31 March 2025

200,000

At 31 March 2024

200,000

After reviewing the local property market and making enquiries with local property agents, the director has determined that the fair value of the investment property has not changed during the year.

If investment property had not been revalued it would have been included at the historical cost of £187,161 (2024 - £187,161).

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Taxation and social security

1,066

1,562

Other creditors

171,238

176,326

172,304

177,888

6.	RELATED PARTY DISCLOSURES

Miss N J Moodie

Director

The director has loaned funds to the company to assist with the purchase of the investment property. At 31 March 2025, the company owed the director £170,398 (2024 - £175,486). The loan is interest free and has no fixed repayment terms.