Registration number: 03131245

JAM2000 Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 6

JAM2000 Limited

Company Information

Director

J A McPhee

Company secretary

J B McPhee

Registered office

Suite 1B1 Argyle House Northside Joel Street Northwood Hills HA6 1NW

JAM2000 Limited

(Registration number: 03131245)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	1,235	1,718
Current assets
Stocks		12,000	13,650
Debtors		212,914	174,504
Cash at bank and in hand		102	1
		225,016	188,155
Creditors: Amounts falling due within one year		(184,281)	(140,124)
Net current assets		40,735	48,031
Total assets less current liabilities		41,970	49,749
Creditors: Amounts falling due after more than one year		(1,775)	(9,800)
Net assets		40,195	39,949
Capital and reserves
Called up share capital		100	100
Retained earnings		40,095	39,849
Shareholders' funds		40,195	39,949

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

JAM2000 Limited

(Registration number: 03131245)
Abridged Balance Sheet as at 31 March 2025

Approved and authorised by the director on 17 December 2025
 

......................................... J A McPhee Director

JAM2000 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

JAM2000 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Computer equipment	25% Straight line
Motor vehciles	25% staright line
Land and buildings	Over 6 years

Stocks

stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2024 - 6).

JAM2000 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

3	Tangible assets

	Land and buildings £	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	3,119	40,783	3,738	6,525	54,165
Additions	-	619	-	-	619
At 31 March 2025	3,119	41,402	3,738	6,525	54,784
Depreciation
At 1 April 2024	2,600	40,664	2,658	6,525	52,447
Charge for the year	519	155	428	-	1,102
At 31 March 2025	3,119	40,819	3,086	6,525	53,549
Carrying amount
At 31 March 2025	-	583	652	-	1,235
At 31 March 2024	519	119	1,080	-	1,718

Included within the net book value of land and buildings above is £Nil (2024 - £519) in respect of freehold land and buildings.
 

4	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100