REGISTERED NUMBER: 06409790 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

JENNIFER NEWMAN STUDIO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms J Newman

B Rimmer

J J Newman

REGISTERED OFFICE:

Unit B05

Clerkenwell Workshops

27/31 Clerkenwell Close

Farringdon

London

EC1R 0AT

REGISTERED NUMBER:

06409790 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

4

6,723

8,415

CURRENT ASSETS

Stocks

5

3,500

2,500

Debtors

6

88,707

90,429

Cash at bank and in hand

280,571

260,871

372,778

353,800

CREDITORS

Amounts falling due within one year

7

(192,899

)

(165,350

)

NET CURRENT ASSETS

179,879

188,450

TOTAL ASSETS LESS CURRENT LIABILITIES

186,602

196,865

PROVISIONS FOR LIABILITIES

8

(1,681

)

(2,104

)

NET ASSETS

184,921

194,761

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

184,911

194,751

SHAREHOLDERS' FUNDS

184,921

194,761

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 directors acknowledge their 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 Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Ms J Newman - Director

1.	STATUTORY INFORMATION

Jennifer Newman Studio 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 is the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets

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

Fixtures & Equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

& Equipment

£

COST

At 1 April 2024

49,124

Additions

549

At 31 March 2025

49,673

DEPRECIATION

At 1 April 2024

40,709

Charge for year

2,241

At 31 March 2025

42,950

NET BOOK VALUE

At 31 March 2025

6,723

At 31 March 2024

8,415

5.

STOCKS

2025

2024

£

£

Goods for resale

3,500

2,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

84,732

82,554

Other debtors

3,857

7,875

Director's current accounts

118

-

88,707

90,429

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

25,281

25,689

Social security and other taxes

27,657

21,435

Other creditors

146

-

Director's current accounts

-

15,993

Accruals and deferred income

139,815

102,233

192,899

165,350

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,681

2,104

Deferred

tax

£

Balance at 1 April 2024

2,104

Provided during year

(423

)

Balance at 31 March 2025

1,681