REGISTERED NUMBER: 06633146 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Jadaptive Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L D Painter

REGISTERED OFFICE:

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

REGISTERED NUMBER:

06633146 (England and Wales)

ACCOUNTANTS:

Smith Cookson

Chartered Accountants

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

CURRENT ASSETS

Debtors

5

65,586

45,366

Investments

6

2,129

61,223

Cash at bank

68,158

9,715

135,873

116,304

CREDITORS

Amounts falling due within one year

7

72,591

34,654

NET CURRENT ASSETS

63,282

81,650

TOTAL ASSETS LESS CURRENT LIABILITIES

63,282

81,650

CREDITORS

Amounts falling due after more than one year

8

(25,480

)

(30,854

)

PROVISIONS FOR LIABILITIES

9

-

(12,460

)

NET ASSETS

37,802

38,336

CAPITAL AND RESERVES

Called up share capital

200

200

Non-distributable reserve

10

-

37,380

Retained earnings

10

37,602

756

SHAREHOLDERS' FUNDS

37,802

38,336

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 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 19 December 2025 and were signed by:

L D Painter - Director

1.	STATUTORY INFORMATION

Jadaptive 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 net invoiced provision of services, excluding value added tax, except in respect of license and maintenance contracts, where turnover is apportioned evenly over the length of the contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

5,699

58,941

64,640

DEPRECIATION

At 1 April 2024

and 31 March 2025

5,699

58,941

64,640

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

19,976

Other debtors

19,140

19,140

Directors' current accounts

43,066

6,250

VAT

276

-

Prepayments and accrued income

3,104

-

65,586

45,366

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Bitcoin investment

2,129

61,223

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

4,193

-

Credit card

241

162

Corporation tax

59,346

23,910

Social security and other taxes

1,590

1,651

VAT

-

202

Accruals and deferred income

2,221

3,729

72,591

34,654

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

5,000

5,000

Bank loans to be repaid

between 2 & 5 years by

instalments

15,000

15,000

Bank loans to be repaid after

5 years by instalments

5,480

10,854

25,480

30,854

Amounts falling due in more than five years:

Repayable by instalments

Bank loans to be repaid after

5 years by instalments

5,480

10,854

5,480

10,854

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

-

12,460

Deferred

tax

£

Balance at 1 April 2024

12,460

Provided during year

(12,460

)

Balance at 31 March 2025

-

10.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 April 2024

756

37,380

38,136

Profit for the year

88,466

88,466

Dividends

(89,000

)

(89,000

)

Transfer to non-dist reserves

37,380

(37,380

)

-

At 31 March 2025

37,602

-

37,602

11.	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

£

£

L D Painter

Balance outstanding at start of year

6,250

50,000

Amounts advanced

43,066

6,250

Amounts repaid

(6,250

)

(50,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

43,066

6,250

The above loan was repaid in full on 30th November 2025.

12.	ULTIMATE CONTROLLING PARTY

Mr L Painter, a director of the company, is the ultimate controlling party of the company by virtue of his majority shareholding.