REGISTERED NUMBER: SC477629 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

JAM SOUND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Alastair Mason

REGISTERED OFFICE:

C/O Stewart Gilmour & Co.

3rd Floor, St George's Buildings

5 St Vincent Place

Glasgow

G1 2DH

REGISTERED NUMBER:

SC477629 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.

3rd Floor

St George's Buildings

5 St Vincent Place

Glasgow

G1 2DH

BANKERS:

Barclays Bank plc

90 St Vincent Street

Glasgow

G2 5UQ

FIXED ASSETS

Tangible assets

4

60,041

54,962

CURRENT ASSETS

Debtors

5

1,480

1,241

Cash at bank

26,581

31,414

28,061

32,655

CREDITORS

Amounts falling due within one year

6

25,606

25,368

NET CURRENT ASSETS

2,455

7,287

TOTAL ASSETS LESS CURRENT LIABILITIES

62,496

62,249

CREDITORS

Amounts falling due after more than one year

7

-

(1,387

)

PROVISIONS FOR LIABILITIES

(11,140

)

(8,601

)

NET ASSETS

51,356

52,261

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

51,256

52,161

SHAREHOLDERS' FUNDS

51,356

52,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 27 May 2026 and were signed by:

Alastair Mason - Director

1.	STATUTORY INFORMATION

Jam Sound Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

139,142

Additions

25,093

At 31 May 2025

164,235

DEPRECIATION

At 1 June 2024

84,180

Charge for year

20,014

At 31 May 2025

104,194

NET BOOK VALUE

At 31 May 2025

60,041

At 31 May 2024

54,962

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

652

Other debtors

1,480

589

1,480

1,241

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

21,753

13,783

Other creditors

3,853

11,585

25,606

25,368

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

1,387

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

95

Ordinary

£1

95

95

5

Ordinary 'A'

£1

5

5

100

100