JSMT COLLECTIVE LTD


Director	SAKHAWAT, Jamil Tristen


Registered Address	381-383 Norwood Road
	London
	SE27 9BQ


Registered Number	12745727 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		4,873		6,531
			4,873		6,531
Current assets
Debtors	4	7,295		9,549
Cash at bank and on hand		5,406		3,760
		12,701		13,309
Creditors amounts falling due within one year	5	(16,826)		(33,586)
Net current assets (liabilities)			(4,125)		(20,277)
Total assets less current liabilities			748		(13,746)
Creditors amounts falling due after one year	6		(22,127)		(198)
Net assets			(21,379)		(13,944)
Capital and reserves
Called up share capital			100		-
Profit and loss account			(21,479)		(13,944)
Shareholders' funds			(21,379)		(13,944)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 23 May 2026, and are signed on its behalf by:

SAKHAWAT, Jamil Tristen
Director
Registered Company No. 12745727

JSMT COLLECTIVE LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	20

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 August 24	8,300	3,854	12,154
At 31 July 25	8,300	3,854	12,154
Depreciation and impairment
At 01 August 24	4,023	1,600	5,623
Charge for year	1,094	564	1,658
At 31 July 25	5,117	2,164	7,281
Net book value
At 31 July 25	3,183	1,690	4,873
At 31 July 24	4,277	2,254	6,531

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	545	7
Other debtors	6,750	8,945
Prepayments and accrued income	-	597
Total	7,295	9,549

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,602	10,904
Taxation and social security	2,434	2,896
Other creditors	9,790	19,786
Total	16,826	33,586


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	22,127	198
Total	22,127	198