Jigsaw Assets Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11085320

Jigsaw Assets Limited

Filleted Unaudited Financial Statements

30 November 2025

Jigsaw Assets Limited

Financial Statements

Year ended 30 November 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Jigsaw Assets Limited

Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	1,138	3,031
Investments	6	100	–
		-------	-------
		1,238	3,031

Current assets

Cash at bank and in hand	6,583		35,773

Creditors: amounts falling due within one year	7	20,877		16,311
		--------		--------
Net current (liabilities)/assets			( 14,294)		19,462
			--------		--------
Total assets less current liabilities			( 13,056)		22,493
			--------		--------
Net (liabilities)/assets			( 13,056)		22,493
			--------		--------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		( 13,156)	22,393
		--------	--------
Shareholders (deficit)/funds		( 13,056)	22,493
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Jigsaw Assets Limited

Statement of Financial Position (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 17 August 2026 , and are signed on behalf of the board by:

R E McGarry
Director

Company registration number: 11085320

Jigsaw Assets Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the director. The director has indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue trading. Therefore the director considers the going concern basis is appropriate.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer equipment	-	33% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Equipment
	£
Cost
At 1 December 2024 and 30 November 2025	9,904
	-------
Depreciation
At 1 December 2024	6,873
Charge for the year	1,893
	-------
At 30 November 2025	8,766
	-------
Carrying amount
At 30 November 2025	1,138
	-------
At 30 November 2024	3,031
	-------

6. Investments

	Other investments other than loans
	£
Cost
At 1 December 2024	–
Additions	100
	----
At 30 November 2025	100
	----
Impairment
At 1 December 2024 and 30 November 2025	–
	----

Carrying amount
At 30 November 2025	100
	----
At 30 November 2024	–
	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings	100	–
Accruals and deferred income	1,310	1,260
Social security and other taxes	395	693
Director loan accounts	19,072	14,358
	--------	--------
	20,877	16,311
	--------	--------

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

9. Related party transactions

At the year end, the company owed its director £19,072 (2024: £14,358) which is shown amongst creditors. The company has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with wholly owned subsidiaries within the group.