16 false false false false false false false false false false true false false false false false false No description of principal activity 2024-11-21 Sage Accounts Production Advanced 2023 - FRS102_2023 2,300 2,300 230 230 2,070 xbrli:pure xbrli:shares iso4217:GBP 16093605 2024-11-21 2025-12-31 16093605 2025-12-31 16093605 2024-11-20 16093605 core:FurnitureFittings 2024-11-21 2025-12-31 16093605 bus:Director1 2024-11-21 2025-12-31 16093605 bus:Director2 2024-11-21 2025-12-31 16093605 core:FurnitureFittings 2025-12-31 16093605 core:WithinOneYear 2025-12-31 16093605 core:ShareCapital 2025-12-31 16093605 core:RetainedEarningsAccumulatedLosses 2025-12-31 16093605 bus:SmallEntities 2024-11-21 2025-12-31 16093605 bus:AuditExemptWithAccountantsReport 2024-11-21 2025-12-31 16093605 bus:SmallCompaniesRegimeForAccounts 2024-11-21 2025-12-31 16093605 bus:PrivateLimitedCompanyLtd 2024-11-21 2025-12-31 16093605 bus:FullAccounts 2024-11-21 2025-12-31 16093605 core:EntitiesControlledByKeyManagementPersonnel 2024-11-21 2025-12-31
COMPANY REGISTRATION NUMBER: 16093605

Jims BD Ltd

Filleted Unaudited Financial Statements

31 December 2025

Jims BD Ltd

Statement of Financial Position

31 December 2025

| 31 Dec 25
Note | £

Fixed assets

Tangible assets | 5 | 2,070

Current assets

Stocks | 47,733
Debtors | 6 | 26,848
Cash at bank and in hand | 147,479
| ---------
| 222,060

Creditors: amounts falling due within one year | 7 | 157,493
| ---------
Net current assets | 64,567
| --------
Total assets less current liabilities | 66,637
| --------
Net assets | 66,637
| --------

Capital and reserves

Called up share capital | 100
Profit and loss account | 66,537
| --------
Shareholders funds | 66,637
| --------

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 comprehensive income has not been delivered.
For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Jims BD Ltd

Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 19 August 2026 , and are signed on behalf of the board by:

Gary Benjamin Smyth | Jamie Lee Smyth
Director | Director

Company registration number: 16093605

Jims BD Ltd

Notes to the Financial Statements

Period from 21 November 2024 to 31 December 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 56 Fore Street, Redruth, Cornwall, United Kingdom, TR15 2AQ.
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 under the historical cost convention.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax. Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when the goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
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
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principle activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated 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:

| Fixtures and fittings | - | 15% reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 16 .
5. Tangible assets

| Fixtures and fittings
| £
Cost |
At 21 November 2024 | –
Additions | 2,300
| -------
At 31 December 2025 | 2,300
| -------
Depreciation |
At 21 November 2024 | –
Charge for the period | 230
| -------
At 31 December 2025 | 230
| -------
Carrying amount |
At 31 December 2025 | 2,070
| -------

6. Debtors

| 31 Dec 25
| £
Other debtors | 26,848
| --------

7. Creditors: amounts falling due within one year

| 31 Dec 25
| £
Corporation tax | 22,298
Social security and other taxes | 14,664
Other creditors | 120,531
| ---------
| 157,493
| ---------

8. Directors' advances, credits and guarantees
At the year end there was a balance due from the company to the directors of £745.
9. Related party transactions
Included within other debtors is an amount due from Jims PZ Limited of £2,378. Included within other creditors is an amount owing to Actjack Limited of £116,878. Also included within other creditors is an amount owing to Jims (South West) Limited of £1,908.