REGISTERED NUMBER: 14436415 (England and Wales)

JDM FINANCIALS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

J D Morgan

Registered office:

2 Rolleston Close

Ware

Hertfordshire

SG12 0BZ

Registered number:

14436415 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Current assets

Debtors

4

5,743

7,954

Cash at bank

4,500

495

10,243

8,449

Creditors

Amounts falling due within one year

5

9,468

8,388

Net current assets

775

61

Total assets less current liabilities

775

61

Capital and reserves

Called up share capital

6

1

1

Retained earnings

774

60

Shareholders' funds

775

61

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 14 June 2026 and were signed by:

J D Morgan - Director

1.	Statutory information

JDM Financials 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.

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.

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.

3.	Employees and directors

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

4.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

1,377

2,442

Other debtors

4,366

5,512

5,743

7,954

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Taxation and social security

8,809

7,728

Other creditors

659

660

9,468

8,388

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

7.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

J D Morgan

Balance outstanding at start of year

5,512

-

Amounts advanced

12,354

26,412

Amounts repaid

(13,500

)

(20,900

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,366

5,512

8.	Ultimate controlling party

The controlling party is J D Morgan.