Jellyhound Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC420664

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,133		1,487

			1,133		1,487
CURRENT ASSETS
Debtors	5	32,862		41,745
Cash at bank and in hand		27,608		8,113

		60,470		49,858
Creditors: Amounts Falling Due Within One Year	6	(33,594 )		(16,636 )

NET CURRENT ASSETS (LIABILITIES)			26,876		33,222

TOTAL ASSETS LESS CURRENT LIABILITIES			28,009		34,709

Creditors: Amounts Falling Due After More Than One Year	7		(8,451 )		(11,043 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,103 )		(1,103 )

NET ASSETS			18,455		22,563

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			18,355		22,463

SHAREHOLDERS' FUNDS			18,455		22,563

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Jellyhound Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Julian Young Director	Mr Stuart Allan Director
26/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jellyhound Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC420664 . The registered office is 3 Hill Street, Edinburgh, EH2 3JP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% Straight line
Computer Equipment	33.33% Straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

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Jellyhound Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	2,144	20,866	23,010
Additions	-	1,698	1,698

As at 31 March 2026	2,144	22,564	24,708

Depreciation
As at 1 April 2025	2,144	19,379	21,523
Provided during the period	-	2,052	2,052

As at 31 March 2026	2,144	21,431	23,575

Net Book Value
As at 31 March 2026	-	1,133	1,133

As at 1 April 2025	-	1,487	1,487

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	6,576	8,537
Prepayments and accrued income	1,596	1,596
Other taxes and social security	219	219
Directors' loan accounts	16,954	22,272

	25,345	32,624
Due after more than one year
Corporation tax recoverable assets	7,517	9,121

	32,862	41,745

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	203	388
Bank loans and overdrafts	2,904	4,315
Corporation tax	3,472	5,892
VAT	6,149	4,325
Other creditors	960	480
Accruals and deferred income	19,906	1,236

	33,594	16,636

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	8,451	11,043

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Jellyhound Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Julian Young	11,056	-	3,618	-	7,438
Mr Stuart Allan	11,217	-	1,700	-	9,517

The above loan is unsecured, interest free and repayable on demand.

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