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Registered number: 14492966
Jamax Consulting Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Azuki Accounts Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14492966
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 477 1,266
Investments 5 27,501 1
27,978 1,267
CURRENT ASSETS
Debtors 6 10,083 11,413
Cash at bank and in hand 69,868 390
79,951 11,803
Creditors: Amounts Falling Due Within One Year 7 (145,192 ) (23,992 )
NET CURRENT ASSETS (LIABILITIES) (65,241 ) (12,189 )
TOTAL ASSETS LESS CURRENT LIABILITIES (37,263 ) (10,922 )
NET LIABILITIES (37,263 ) (10,922 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (37,265 ) (10,924 )
SHAREHOLDERS' FUNDS (37,263) (10,922)
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For the year ending 31 December 2025 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
Ms Karen Wilson
Director
Mr Ian Simkins
Director
19/08/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Jamax Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14492966 . The registered office is 8 Ogden Road, Bramhall, Stockport, SK7 1HJ.
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. Going Concern Disclosure
The company has net liabilities of £35,933 at 31 December 2025, principally arising from amounts owed to the directors. The directors have confirmed that they do not intend to seek repayment of these balances in the foreseeable future and regard them as long-term in nature. Having considered the company's financial position and future prospects, the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover represents the value of consulting services provided during the year, exclusive of value added tax. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract at the balance sheet date.
2.4. 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:
Computer Equipment 33% Straight line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 years 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they fall due.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2025 2,349
As at 31 December 2025 2,349
Depreciation
As at 1 January 2025 1,083
Provided during the period 789
As at 31 December 2025 1,872
Net Book Value
As at 31 December 2025 477
As at 1 January 2025 1,266
5. Investments
Other
£
Cost or Valuation
As at 1 January 2025 1
Additions 27,500
As at 31 December 2025 27,501
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 27,501
As at 1 January 2025 1
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 1,330
Other debtors 10,083 10,083
10,083 11,413
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 6,336 6,336
Accruals and deferred income 4,523 2,124
Directors' loan accounts 134,333 15,532
145,192 23,992
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Ms Karen Wilson - (7,574 ) - - (7,574 )
Mr Ian Simkins (15,532 ) (184,350 ) 73,123 - (126,759 )
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2025 2024
£ £
Mr Ian Simkins 8,750 -
10. Post Balance Sheet Events
Subsequent to the year end, the company disposed of its investment in True North Talent Limited. The financial effect of this transaction has not been reflected in these financial statements.
11. Related Party Transactions
During the year the company entered into transactions with the director. At the year end, an amount of £134,333 (2024: £15,532) was outstanding in the director's loan account. The balance was unsecured, interest free and repayable on demand.
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