REGISTERED NUMBER: 11054397 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Jellyfish Payroll Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

G P Jelley

S R Tyson

REGISTERED OFFICE:

M.01 Tomorrow

Mediacityuk

Salford

United Kingdom

M50 2AB

REGISTERED NUMBER:

11054397 (England and Wales)

ACCOUNTANTS:

Summit Accountants Limited

M.01 Tomorrow

MediaCityUK

Salford

Greater Manchester

M50 2AB

FIXED ASSETS

Tangible assets

4

1,290

875

CURRENT ASSETS

Debtors

5

258,292

153,665

Prepayments and accrued income

17,965

20,642

Cash at bank

116,520

132,866

392,777

307,173

CREDITORS

Amounts falling due within one year

6

42,439

44,089

NET CURRENT ASSETS

350,338

263,084

TOTAL ASSETS LESS CURRENT LIABILITIES

351,628

263,959

CREDITORS

Amounts falling due after more than one year

7

-

(3,563

)

PROVISIONS FOR LIABILITIES

(323

)

(219

)

NET ASSETS

351,305

260,177

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

351,105

259,977

351,305

260,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

G P Jelley - Director

S R Tyson - Director

1.	STATUTORY INFORMATION

Jellyfish Payroll Limited 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 statement 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. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

1,380

Additions

767

At 30 November 2025

2,147

DEPRECIATION

At 1 December 2024

505

Charge for year

352

At 30 November 2025

857

NET BOOK VALUE

At 30 November 2025

1,290

At 30 November 2024

875

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

50,161

28,374

Amounts owed by associates

188,954

105,802

Other debtors

19,177

19,489

258,292

153,665

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

3,743

3,180

Trade creditors

194

5,584

Taxation and social security

35,300

33,168

Other creditors

3,202

2,157

42,439

44,089

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

3,563

8.	CLIENT MONIES

At 30 November 2025, the company held client monies of £54,020 in client bank accounts.

These monies are held on behalf of clients and third parties and are not available for use by the company. Consequently, neither the client bank balances nor the corresponding liabilities to clients and third parties are included in the statement of financial position