JG Words Ltd - Filleted accounts

Registered number

14583777

JG Words Ltd

Unaudited Filleted Accounts

31 January 2026

JG Words Ltd
Registered number:		14583777
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		196			391

Current assets
Debtors	4	14,987			35,712
Cash at bank and in hand		57,455			33,297
		72,442			69,009

Creditors: amounts falling due within one year	5	(49,560)			(34,506)

Net current assets			22,882			34,503

Total assets less current liabilities			23,078			34,894


Provisions for liabilities			(36)			(73)


Net assets			23,042			34,821

Capital and reserves
Called up share capital			1			1
Profit and loss account			23,041			34,820

Shareholder's funds			23,042			34,821

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ms J Grimes
Director
Approved by the board on 17 May 2026

JG Words Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the and are rounded to the nearest £.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 4 years

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

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		1

3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 February 2025							782
	At 31 January 2026							782

	Depreciation
	At 1 February 2025							391
	Charge for the year							195
	At 31 January 2026							586

	Net book value
	At 31 January 2026							196
	At 31 January 2025							391


4	Debtors					2026		2025
£							£

	Trade debtors					5,027		7,920
	Other debtors					9,960		27,792
						14,987		35,712


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					180		115
	Taxation and social security costs					14,905		14,916
	Other creditors					34,475		19,475
						49,560		34,506


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£

	Interest charged at HMRC's official rate, repayable on demand	(21,106)		(31,043)		44,184		(7,965)

		(21,106)		(31,043)		44,184		(7,965)

7	Other information

	JG Words Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	64 Sirius House
	Seafarer Way
	London
	SE16 7DR