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Company Registration No. 12145015 (England and Wales)
JM Private Clients Limited Unaudited accounts for the year ended 31 March 2025
JM Private Clients Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
JM Private Clients Limited Company Information for the year ended 31 March 2025
Director
J Martin
Company Number
12145015 (England and Wales)
Registered Office
Flat 5 2 Courts Hill Road Haslemere England GU27 2EG United Kingdom
Accountants
Ashby & Company Flat 5 2 Courts Hill Road Haslemere Surrey GU27 2EG
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JM Private Clients Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
14 
422 
Current assets
Debtors
4
21,337 
19,855 
Cash at bank and in hand
4 
7 
21,341 
19,862 
Creditors: amounts falling due within one year
5
(16,096)
(13,961)
Net current assets
5,245 
5,901 
Total assets less current liabilities
5,259 
6,323 
Creditors: amounts falling due after more than one year
6
(5,244)
(5,384)
Provisions for liabilities
Deferred tax
(2)
(80)
Net assets
13 
859 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
12 
858 
Shareholders' funds
13 
859 
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 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 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 and authorised for issue on 31 December 2025 and were signed on its behalf by
J Martin Director Company Registration No. 12145015
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JM Private Clients Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
JM Private Clients Limited is a private company, limited by shares, registered in England and Wales, registration number 12145015. The registered office is Flat 5, 2 Courts Hill Road, Haslemere, England, GU27 2EG, United Kingdom.
2
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for mortgage advisory services provided in the normal course of business.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments. Basic financial instruments are recognised at amortised cost.
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JM Private Clients Limited Notes to the Accounts for the year ended 31 March 2025
3
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
1,142 
1,748 
2,890 
At 31 March 2025
1,142 
1,748 
2,890 
Depreciation
At 1 April 2024
905 
1,563 
2,468 
Charge for the year
236 
172 
408 
At 31 March 2025
1,141 
1,735 
2,876 
Net book value
At 31 March 2025
1 
13 
14 
At 31 March 2024
237 
185 
422 
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
21,337 
19,855 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
929 
908 
Other creditors
15,167 
13,053 
16,096 
13,961 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,244 
5,384 
The loan is secured by the government.
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
- 6 -
JM Private Clients Limited Notes to the Accounts for the year ended 31 March 2025
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
J Martin
Loan
13,445 
1,108 
- 
14,553 
13,445 
1,108 
- 
14,553 
The loan is unsecured and repayable on demand. Interest of £346 (2024: £328) has been charged at the official rate.
9
Average number of employees
During the year the average number of employees was 0 (2024: 1).
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