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Registered number: 13230293
Javabot UK Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
JML Business Services Limited
25 Church Street
Godalming
Surrey
GU7 1EL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13230293
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,090,233 1,907,234
Tangible Assets 5 1,493,855 1,183,979
2,584,088 3,091,213
CURRENT ASSETS
Stocks 6 - 11,196
Debtors 7 69,463 96,243
Cash at bank and in hand 120,630 48,111
190,093 155,550
Creditors: Amounts Falling Due Within One Year 8 (504,952 ) (496,669 )
NET CURRENT ASSETS (LIABILITIES) (314,859 ) (341,119 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,269,229 2,750,094
Creditors: Amounts Falling Due After More Than One Year 9 (1,067,441 ) (1,116,018 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,313 ) (168,527 )
NET ASSETS 1,187,475 1,465,549
CAPITAL AND RESERVES
Called up share capital 10 20 20
Share premium account 2,314,967 2,314,967
Profit and Loss Account (1,127,512 ) (849,438 )
SHAREHOLDERS' FUNDS 1,187,475 1,465,549
Page 1
Page 2
For the year ending 31 December 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael Robert Caswell
Director
25/09/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Javabot UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13230293 . The registered office is Wallace Llp, 27 Mortimer Street, London, England, W1T 3JF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised on a point of sale basis.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are amortised over its useful life. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Written off over the 10 year term of the lease
Plant & Machinery Depreciated over 5 years or 15 years
Fixtures & Fittings Depreciated over 10 years
Computer Equipment Depreciated over 5 years
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2023: 19)
19 19
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 697,856 1,277,208 1,975,064
Additions - 739,650 739,650
Disposals (184,982 ) (1,352,267 ) (1,537,249 )
As at 31 December 2024 512,874 664,591 1,177,465
Amortisation
As at 1 January 2024 24,156 43,674 67,830
Provided during the period 87,232 - 87,232
Disposals (24,156 ) (43,674 ) (67,830 )
As at 31 December 2024 87,232 - 87,232
Net Book Value
As at 31 December 2024 425,642 664,591 1,090,233
As at 1 January 2024 673,700 1,233,534 1,907,234
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 320,633 598,070 505,265 37,184 1,461,152
Additions 969,095 726,000 - - 1,695,095
Disposals - (598,070 ) (505,265 ) (37,184 ) (1,140,519 )
As at 31 December 2024 1,289,728 726,000 - - 2,015,728
Depreciation
As at 1 January 2024 60,582 101,117 100,995 14,479 277,173
Provided during the period 220,517 139,657 - - 360,174
Disposals - - (100,995 ) (14,479 ) (115,474 )
As at 31 December 2024 281,099 240,774 - - 521,873
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 December 2024 1,008,629 485,226 - - 1,493,855
As at 1 January 2024 260,051 496,953 404,270 22,705 1,183,979
6. Stocks
2024 2023
£ £
Stock - 11,196
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 17,839 54,979
Other debtors 23,880 17,764
41,719 72,743
Due after more than one year
Amounts owed by group undertakings 4,244 -
Other debtors 23,500 23,500
27,744 23,500
69,463 96,243
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 273,962 355,424
Other creditors 186,242 101,969
Taxation and social security 44,748 39,276
504,952 496,669
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 466,296 448,934
Long term lease liability 601,145 667,084
1,067,441 1,116,018
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
Page 5
Page 6
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year - 85,000
Later than one year and not later than five years - 169,167
- 254,167
Page 6