1 April 2024 false No description of principal activity Taxfiler 2024.6 04701803business:PrivateLimitedCompanyLtd2024-04-012025-03-31 047018032024-03-31 047018032024-04-012025-03-31 04701803business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 04701803business:FilletedAccounts2024-04-012025-03-31 047018032025-03-31 04701803business:Director12024-04-012025-03-31 04701803business:Director22024-04-012025-03-31 04701803business:RegisteredOffice2024-04-012025-03-31 047018032024-03-31 04701803core:WithinOneYear2025-03-31 04701803core:WithinOneYear2024-03-31 04701803core:AfterOneYear2025-03-31 04701803core:AfterOneYear2024-03-31 04701803core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 04701803core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04701803core:SharePremiumcore:PreviouslyStatedAmount2025-03-31 04701803core:SharePremiumcore:PreviouslyStatedAmount2024-03-31 04701803core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 04701803core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04701803core:PreviouslyStatedAmount2025-03-31 04701803core:PreviouslyStatedAmount2024-03-31 04701803business:SmallEntities2024-04-012025-03-31 04701803countries:EnglandWales2024-04-012025-03-31 04701803core:MotorVehicles2024-03-31 04701803core:FurnitureFittings2024-03-31 04701803core:ComputerEquipment2024-03-31 04701803core:MotorVehicles2024-04-012025-03-31 04701803core:FurnitureFittings2024-04-012025-03-31 04701803core:ComputerEquipment2024-04-012025-03-31 04701803core:MotorVehicles2025-03-31 04701803core:FurnitureFittings2025-03-31 04701803core:ComputerEquipment2025-03-31 04701803core:DisposalsRepaymentsInvestments2025-03-31 047018032023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04701803 (England and Wales)
JLM MORTGAGE NETWORK LTD Unaudited accounts for the year ended 31 March 2025
JLM MORTGAGE NETWORK LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
JLM MORTGAGE NETWORK LTD Company Information for the year ended 31 March 2025
Directors
Rory Rajan Joseph Sebastian Allen Murphy
Company Number
04701803 (England and Wales)
Registered Office
122 Whinbush Road Hitchin Hertfordshire SG5 1PN England
- 3 -
JLM MORTGAGE NETWORK LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
12,299 
30,358 
Investments
5
- 
150,000 
12,299 
180,358 
Current assets
Debtors
6
1,341,871 
1,658,187 
Investments
7
76,870 
90,632 
Cash at bank and in hand
440,706 
84,896 
1,859,447 
1,833,715 
Creditors: amounts falling due within one year
8
(903,865)
(1,212,378)
Net current assets
955,582 
621,337 
Total assets less current liabilities
967,881 
801,695 
Creditors: amounts falling due after more than one year
9
(111,950)
(272,345)
Provisions for liabilities
Deferred tax
(2,589)
(2,589)
Net assets
853,342 
526,761 
Capital and reserves
Called up share capital
100 
100 
Share premium
1,723 
1,723 
Profit and loss account
851,519 
524,938 
Shareholders' funds
853,342 
526,761 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by
Sebastian Allen Murphy Director Company Registration No. 04701803
- 4 -
JLM MORTGAGE NETWORK LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
JLM MORTGAGE NETWORK LTD is a private company, limited by shares, registered in England and Wales, registration number 04701803. The registered office is 122 Whinbush Road, Hitchin, Hertfordshire, SG5 1PN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
205,095 
71,100 
75,744 
351,939 
Additions
- 
- 
276 
276 
Disposals
(202,095)
- 
- 
(202,095)
At 31 March 2025
3,000 
71,100 
76,020 
150,120 
Depreciation
At 1 April 2024
205,094 
66,331 
50,156 
321,581 
Charge for the year
1 
3,406 
14,928 
18,335 
On disposals
(202,095)
- 
- 
(202,095)
At 31 March 2025
3,000 
69,737 
65,084 
137,821 
Net book value
At 31 March 2025
- 
1,363 
10,936 
12,299 
At 31 March 2024
1 
4,769 
25,588 
30,358 
5
Investments
Other investments 
£ 
Valuation at 1 April 2024
150,000 
Disposals
(150,000)
Valuation at 31 March 2025
- 
- 5 -
JLM MORTGAGE NETWORK LTD Notes to the Accounts for the year ended 31 March 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,671 
- 
Amounts due from group undertakings etc.
883,637 
1,053,401 
Accrued income and prepayments
436,548 
587,728 
Other debtors
18,015 
17,058 
1,341,871 
1,658,187 
7
Investments held as current assets
2025 
2024 
£ 
£ 
Unlisted investments
76,870 
90,632 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
121,209 
120,370 
Trade creditors
543,692 
463,461 
Amounts owed to group undertakings and other participating interests
- 
540,388 
Taxes and social security
210,745 
57,167 
Other creditors
28,219 
30,992 
903,865 
1,212,378 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
111,950 
272,345 
10
Average number of employees
During the year the average number of employees was 24 (2024: 24).
- 6 -