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Registered number: 15084919
Jdam Group Ltd
Unaudited Financial Statements
For the Period 21 August 2023 to 31 August 2024
Stephen Farra Associates Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15084919
31 August 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 6,415
Tangible Assets 5 61,792
68,207
CURRENT ASSETS
Debtors 6 94,381
Cash at bank and in hand 47,536
141,917
Creditors: Amounts Falling Due Within One Year 7 (298,204 )
NET CURRENT ASSETS (LIABILITIES) (156,287 )
TOTAL ASSETS LESS CURRENT LIABILITIES (88,080 )
NET LIABILITIES (88,080 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (88,180 )
SHAREHOLDERS' FUNDS (88,080)
Page 1
Page 2
For the period ending 31 August 2024 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 A S Sandhu
Director
10/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jdam Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15084919 . The registered office is 17 The Green Stotfold, Hitchin, Hertfordshire, SG5 4AH.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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:
Motor Vehicles 25%
3. Average Number of Employees
Average number of employees, including directors, during the period was: 10
10
4. Intangible Assets
Goodwill
£
Cost
As at 21 August 2023 -
Additions 6,415
As at 31 August 2024 6,415
Net Book Value
As at 31 August 2024 6,415
As at 21 August 2023 -
Page 3
Page 4
5. Tangible Assets
Motor Vehicles
£
Cost
As at 21 August 2023 -
Additions 82,389
As at 31 August 2024 82,389
Depreciation
As at 21 August 2023 -
Provided during the period 20,597
As at 31 August 2024 20,597
Net Book Value
As at 31 August 2024 61,792
As at 21 August 2023 -
6. Debtors
31 August 2024
£
Due within one year
Trade debtors 86,568
Other debtors 7,813
94,381
7. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Trade creditors (171 )
Other creditors 263,167
Taxation and social security 35,208
298,204
8. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 100
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 21 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Mandeep Lalli - 4,471 - - 4,471
The above loan is unsecured, interest free and repayable on demand.
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