Company registration number 11949458 (England and Wales)
JMM LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
JMM LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
JMM LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
45,100
45,000
Current assets
Debtors
5
68,900
2,738
Cash at bank and in hand
45
356
68,945
3,094
Creditors: amounts falling due within one year
6
(63,783)
(1,584)
Net current assets
5,162
1,510
Net assets
50,262
46,510
Capital and reserves
Called up share capital
130
130
Profit and loss reserves
50,132
46,380
Total equity
50,262
46,510

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.

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.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

The financial statements were approved by the board of directors and authorised for issue on 25 March 2026 and are signed on its behalf by:
Mr D L Mills
Director
Company registration number 11949458 (England and Wales)
JMM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

JMM Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11-13 Penhill Road, Pontcanna, Cardiff, CF11 9PQ.

1.1
Reporting period

The prior year's reporting period was longer than one year, it cover ed a period of 14 months. Therefore, the comparative amounts presented in these financial statements are not entirely comparable.

1.2
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 a mounts 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.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.5
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

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

JMM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
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
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
45,100
45,000
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 July 2024
45,000
Additions
100
At 30 June 2025
45,100
Carrying amount
At 30 June 2025
45,100
At 30 June 2024
45,000
JMM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 4 -
4
Subsidiaries

Details of the company's subsidiaries at 30 June 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Grays (Consulting Engineers) Ltd
11-13 Penhill Road, Pontcanna, Cardiff, United Kingdom, CF11 9PQ
Ordinary
92.30
M2 Developments Ltd
11-13 Penhill Road, Pontcanna, Cardiff, United Kingdom, CF11 9PQ
Ordinary
100.00
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
68,900
2,738
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
62,023
-
0
Other creditors
1,760
1,584
63,783
1,584
7
Related party transactions

Included in debtors, amounts owed by group undertaking is an amount of £68,900 (202 4 - £Nil) which is owed from M2 Developments Ltd, a subsidiary company. This is included in debtors; amounts falling due within one year.

Included in creditors, amounts owed by group undertaking is an amount of £62,023 (202 4 - debtor balance £2,738) which is owed to Grays (Consulting Engineers) Limited, a subsidiary company. This is included in creditors; amounts falling due within one year.

8
Directors' transactions

Dividends totalling £86,400 (2024 - £115,750) were paid in the year in respect of shares held by the company's directors.

The director operates a current loan account with the company, which is debited with payments made by the company on behalf of the director and credited with funds introduced and undrawn director's fees. At the year end the amount outstanding to the director was £950 (2024 - £950); this amount being included in creditors: amounts falling due within one year.

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