Company registration number 04788419 (England and Wales)
PJM AND JAM ASSOCIATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
PJM AND JAM ASSOCIATES LIMITED
COMPANY INFORMATION
Director
Mr P J Morgan
Secretary
Mrs J A Morgan
Company number
04788419
Registered office
The Thresher
Pond Farm Mews
Upper Eastern Green Lane
Coventry
CV5 7DP
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Lloyds Bank Plc
30 High Street
Coventry
West Midlands
CV1 5RA
PJM AND JAM ASSOCIATES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
PJM AND JAM ASSOCIATES LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PJM AND JAM ASSOCIATES LIMITED FOR THE YEAR ENDED 30 JUNE 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PJM and JAM Associates Limited for the year ended 30 June 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of PJM and JAM Associates Limited, as a body, in accordance with the terms of our engagement letter. Else Endif}. Our work has been undertaken solely to prepare for your approval the financial statements of PJM and JAM Associates Limited and state those matters that we have agreed to state to the b oard of d irectors of PJM and JAM Associates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PJM and JAM Associates Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that PJM and JAM Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PJM and JAM Associates Limited. You consider that PJM and JAM Associates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PJM and JAM Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Ormerod Rutter Limited
24 February 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
PJM AND JAM ASSOCIATES LIMITED
BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,383
2,805
Investments
4
298,500
98,500
300,883
101,305
Current assets
Debtors
5
8,112
9,480
Cash at bank and in hand
370,141
615,046
378,253
624,526
Creditors: amounts falling due within one year
6
(74,302)
(80,398)
Net current assets
303,951
544,128
Total assets less current liabilities
604,834
645,433
Provisions for liabilities
7
(596)
(701)
Net assets
604,238
644,732
Capital and reserves
Called up share capital
8
101
101
Profit and loss reserves
604,137
644,631
Total equity
604,238
644,732

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 24 February 2026
Mr P J Morgan
Director
Company registration number 04788419 (England and Wales)
PJM AND JAM ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

PJM and JAM Associates Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Thresher, Pond Farm Mews, Upper Eastern Green Lane, Coventry, United Kingdom, CV5 7DP.

1.1
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 have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer and office equipment
15% on reducing balance
1.4
Fixed asset investments

Short term investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

PJM AND JAM ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Computer and office equipment
£
Cost
At 1 July 2024 and 30 June 2025
13,313
Depreciation and impairment
At 1 July 2024
10,508
Depreciation charged in the year
422
At 30 June 2025
10,930
Carrying amount
At 30 June 2025
2,383
At 30 June 2024
2,805
PJM AND JAM ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 5 -
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
298,500
98,500
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 July 2024
98,500
Additions
200,000
At 30 June 2025
298,500
Carrying amount
At 30 June 2025
298,500
At 30 June 2024
98,500
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
8,112
9,480
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
38,428
35,020
Taxation and social security
33,385
43,008
Other creditors
2,489
2,370
74,302
80,398
7
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
596
701
PJM AND JAM ASSOCIATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
47
47
47
47
Ordinary of £1 each
44
44
44
44
Ordinary Preferred of £1 each
5
5
5
5
Ordinary Deferred of £1 each
5
5
5
5
101
101
101
101
9
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Loan accounts
-
9,385
138,622
(140,000)
8,007
9,385
138,622
(140,000)
8,007

The director's loan account was repaid within nine months of the year end.

10
Ultimate controlling party

The ultimate controlling party is Mr P J Morgan and Mrs J A Morgan.

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