J.M.C Global Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06829991 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

J.M.C Global Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Casey

REGISTERED OFFICE:

13

Huron Road

London

SW17 8RE

REGISTERED NUMBER:

06829991 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

FIXED ASSETS

Intangible assets

4

93,433

72,317

Tangible assets

5

1,999

443

95,432

72,760

CURRENT ASSETS

Debtors

6

92,112

149,281

Cash at bank

54,462

45,899

146,574

195,180

CREDITORS

Amounts falling due within one year

7

239,867

234,219

NET CURRENT LIABILITIES

(93,293

)

(39,039

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,139

33,721

CREDITORS

Amounts falling due after more than one year

8

-

(18,000

)

PROVISIONS FOR LIABILITIES

(500

)

(4,002

)

NET ASSETS

1,639

11,719

CAPITAL AND RESERVES

Called up share capital

108

Fair value reserve

9

665

11,561

Retained earnings

9

866

50

SHAREHOLDERS' FUNDS

1,639

11,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 May 2026 and were signed by:

J M Casey - Director

1.	STATUTORY INFORMATION

J.M.C Global Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to a notable milestone.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Investment in bitcoin

The Company holds Bitcoin as an intangible asset for investment purposes. Bitcoin is initially recognised at cost, which is the purchase price plus any directly attributable costs of acquisition.

Subsequent measurement is at a revalued amount, being the intangible asset's fair value on the date of revaluation less any subsequent accumulated amortisation and subsequent accumulated impairment losses, provided that the fair value can be determined by reference to an active market. Amortisation is based on management's estimate of useful life. As it is not reliably estimable, a maximum period of 10 years is used.

Increases in carrying amount would be recognised through other comprehensive income (OCI) and would accumulate in a revaluation reserve. To the extent that a revaluation increase reverses a revaluation decrease of the same intangible asset that was previously recognised in profit or loss, then that increase would also be recognised in profit or loss.

Decreases of an intangible asset's carrying value as a result of a revaluation shall be recognised in OCI to the extent of any accumulated revaluation increases in equity in respect of that intangible asset, with any excess recognised in profit or loss.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible assets, at rates calculated to write off the cost less estimated residual value,of each asset on a systematic basis over their estimated useful lives as follows:

Plant & machinery

-

25% on cost

Computer equipment

-

33% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share capital

Ordinary shares are classed as equity.

Distribution to equity holders

Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Operating leases

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Bitcoin

£

COST OR VALUATION

At 1 March 2025

72,317

Additions

44,959

Revaluations

(23,843

)

At 28 February 2026

93,433

NET BOOK VALUE

At 28 February 2026

93,433

At 28 February 2025

72,317

Cost or valuation at 28 February 2026 is represented by:

Bitcoin

£

Valuation in 2025

15,563

Valuation in 2026

(23,843

)

Cost

101,713

93,433

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 March 2025

18,498

1,672

20,170

Additions

-

2,322

At 28 February 2026

18,498

3,994

22,492

DEPRECIATION

At 1 March 2025

18,498

1,229

19,727

Charge for year

-

766

At 28 February 2026

18,498

1,995

20,493

NET BOOK VALUE

At 28 February 2026

-

1,999

At 28 February 2025

-

443

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

10,026

75,684

Other debtors

20,000

14,847

Directors' current accounts

29,796

43,925

Tax

32,290

14,825

92,112

149,281

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

18,000

37,697

Trade creditors

-

1,092

Tax

142,364

54,090

Social security & other taxes

3,205

3,684

VAT

63,878

105,039

Other creditors

9,420

30,017

Accruals & deferred income

3,000

2,600

239,867

234,219

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans

-

18,000

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 March 2025

50

11,561

11,611

Profit for the year

298,816

Dividends

(298,000

)

(298,000

)

Transfer

-

(10,896

)

(10,896

)

At 28 February 2026

866

665

1,531

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

J M Casey

Balance outstanding at start of year

43,925

95,674

Amounts repaid

(14,129

)

(51,749

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

29,796

43,925

The loan is repayable on demand and attracts no interest.