Company Registration No. 12055596 (England and Wales)
JL Finance Services Ltd
Unaudited accounts
for the period from 1 October 2025 to 31 March 2026
JL Finance Services Ltd
Unaudited accounts
Contents
JL Finance Services Ltd
Company Information
for the period from 1 October 2025 to 31 March 2026
Company Number
12055596 (England and Wales)
Registered Office
164 New Cavendish Street
London
W1W 6YT
England
JL Finance Services Ltd
Statement of financial position
as at 31 March 2026
Investments
752,860
800,176
Cash at bank and in hand
96,505
72,451
Creditors: amounts falling due within one year
(65,343)
(76,352)
Net current assets
784,398
796,275
Total assets less current liabilities
784,398
797,338
Provisions for liabilities
Deferred tax
(7,214)
(19,043)
Net assets
777,184
778,295
Called up share capital
2
2
Profit and loss account
777,182
778,293
Shareholders' funds
777,184
778,295
For the period ending 31 March 2026 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 June 2026 and were signed on its behalf by
J Leonard
Director
Company Registration No. 12055596
JL Finance Services Ltd
Notes to the Accounts
for the period from 1 October 2025 to 31 March 2026
JL Finance Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12055596. The registered office is 164 New Cavendish Street, London, W1W 6YT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance.
Computer equipment
Straight line over 3 years.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments in shares are included at fair value.
Expenditure on research and development is written off in the year in which it is incurred.
JL Finance Services Ltd
Notes to the Accounts
for the period from 1 October 2025 to 31 March 2026
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2025
31,747
7,052
38,799
At 31 March 2026
31,747
7,052
38,799
At 1 October 2025
31,747
5,989
37,736
Charge for the period
-
1,063
1,063
At 31 March 2026
31,747
7,052
38,799
At 30 September 2025
-
1,063
1,063
Amounts falling due within one year
Accrued income and prepayments
376
-
6
Investments held as current assets
2026
2025
Listed investments
752,860
800,176
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
59,991
45,910
Other creditors
3,352
26,941
Loans from directors
-
1,501
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Transactions with related parties
Included in creditors is an amount of £0 (2025: £1,501) owed to Mr J Leonard, a director of the company.
During the period interim dividends of £0 (2025: £32,450) were paid to Mr J Leonard.
JL Finance Services Ltd
Notes to the Accounts
for the period from 1 October 2025 to 31 March 2026
10
Average number of employees
During the period the average number of employees was 2 (2025: 2).