REGISTERED NUMBER: 04384990 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Just I Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTOR:

Ms L Mackie

SECRETARY:

Ms A Mackie

REGISTERED OFFICE:

Studio 5

1st Floor Battersea Studios 2

80 - 82 Silverthorne Road

London

SW8 3HE

REGISTERED NUMBER:

04384990 (England and Wales)

ACCOUNTANTS:

Payne & Co

Chartered Accountants

Suite 25 Barkat House

118 Finchley Road

London

NW3 5HT

FIXED ASSETS

Intangible assets

4

12,591

18,885

Tangible assets

5

3,243

3,945

15,834

22,830

CURRENT ASSETS

Stocks

6

80,000

90,000

Debtors

7

215,135

260,030

Cash at bank

113,958

153,169

409,093

503,199

CREDITORS

Amounts falling due within one year

8

129,872

176,237

NET CURRENT ASSETS

279,221

326,962

TOTAL ASSETS LESS CURRENT LIABILITIES

295,055

349,792

CREDITORS

Amounts falling due after more than one year

9

(1,667

)

(11,667

)

PROVISIONS FOR LIABILITIES

11

(3,959

)

(5,708

)

NET ASSETS

289,429

332,417

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

12

289,428

332,416

SHAREHOLDERS' FUNDS

289,429

332,417

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 4 December 2025 and were signed by:

Ms L Mackie - Director

1.	STATUTORY INFORMATION

Just I 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 derives wholly from the principle activity of the company and is stated net of value added tax.

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.

Amortisation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:

Software development - 33.33% per annum on net book value

Web design - 33.33% per annum on net book value

Tangible fixed assets

Fixed assets are recorded at costs.

Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:

Computer Equipment - 33% per annum on net book value ; and

Plant & Machinery - 20% per annum on cost ; and

Furniture & Fixtures - 20% per annum on cost: and

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is computed on a first in first out basis. Net realisable value is based on estimated selling price less the estimated cost to disposal.

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 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.

Foreign currency transactions

Transactions denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Assets and liabilities for currencies are translated into sterling at the rate of exchange ruling at the end of the financial year. All exchange differences are dealt within the profit and loss account.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

28,500

AMORTISATION

At 1 April 2024

9,615

Charge for year

6,294

At 31 March 2025

15,909

NET BOOK VALUE

At 31 March 2025

12,591

At 31 March 2024

18,885

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

12,705

Additions

900

Disposals

(5,102

)

At 31 March 2025

8,503

DEPRECIATION

At 1 April 2024

8,760

Charge for year

1,602

Eliminated on disposal

(5,102

)

At 31 March 2025

5,260

NET BOOK VALUE

At 31 March 2025

3,243

At 31 March 2024

3,945

6.

STOCKS

31.3.25

31.3.24

£

£

Finished goods

80,000

90,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

173,350

181,276

Other debtors

41,785

78,754

215,135

260,030

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

79,354

84,792

Taxation and social security

27,930

67,681

Other creditors

12,588

13,764

129,872

176,237

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,667

11,667

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

11,667

21,667

Security for the loan is provided by government backing to the extent of 80% and the remaining 20% is secured by a floating charge over the assets of the company.

11.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

3,959

5,708

Deferred

tax

£

Balance at 1 April 2024

5,708

Provided during year

(1,749

)

Balance at 31 March 2025

3,959

12.

RESERVES

Retained

earnings

£

At 1 April 2024

332,416

Profit for the year

34,012

Dividends

(77,000

)

At 31 March 2025

289,428

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Ms L Mackie

Balance outstanding at start of year

61,646

102,696

Amounts repaid

(24,096

)

(41,050

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

37,550

61,646

14.	CONTROLLING PARTY

The controlling party is Ms L Mackie.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Just I Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Just I Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Just I Limited and state those matters that we have agreed to state to the director of Just I Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Just I Limited and its director for our work or for this report.

It is your duty to ensure that Just I Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Just I Limited. You consider that Just I Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Just I Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Payne & Co

Chartered Accountants

Suite 25 Barkat House

118 Finchley Road

London

NW3 5HT

Date: .............................................