REGISTERED NUMBER: 09099487 (England and Wales)

JF Financial Associates Ltd

Unaudited Financial Statements for the Year Ended 30 June 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

J L Fordham

Registered office:

34 Carter Road

Drayton

Norwich

Norfolk

NR8 6DY

Registered number:

09099487 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Tangible assets

4

1,984

2,626

Current assets

Debtors

5

81,984

93,074

Cash at bank

4,992

4,452

86,976

97,526

Creditors

Amounts falling due within one year

6

18,552

15,174

Net current assets

68,424

82,352

Total assets less current liabilities

70,408

84,978

Creditors

Amounts falling due after more than one year

7

(7,871

)

(10,648

)

Provisions for liabilities

(450

)

(657

)

Net assets

62,087

73,673

Capital and reserves

Called up share capital

100

100

Retained earnings

61,987

73,573

62,087

73,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 August 2026 and were signed by:

J L Fordham - Director

1.	Statutory information

JF Financial Associates Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements 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.

Turnover

Turnover represents the fair value of consideration receivable from the provision of mortgage and insurance advisory and arrangement services in the ordinary course of business, excluding value added tax where applicable.

Revenue from mortgage and insurance arrangements is recognised when the company has performed the services necessary to become entitled to the related fee or commission and the amount can be measured reliably.

Where fees or commissions relate to services to be provided over a period of time, revenue is recognised over the period in which those services are provided.

Turnover is recognised only when it is probable that the economic benefits associated with the transaction will flow to the company and the amount of revenue can be measured reliably

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

-

33% on reducing balance

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Financial instruments

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. Debt instruments are subsequently measured at amortised 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 3 (2025 - 3 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 July 2025

3,485

180

7,274

10,939

Additions

-

963

-

963

At 30 June 2026

3,485

1,143

7,274

11,902

Depreciation

At 1 July 2025

2,601

180

5,532

8,313

Charge for year

295

321

989

1,605

At 30 June 2026

2,896

501

6,521

9,918

Net book value

At 30 June 2026

589

642

753

1,984

At 30 June 2025

884

-

1,742

2,626

5.

Debtors: amounts falling due within one year

30/6/26

30/6/25

£

£

Other debtors

81,984

93,074

6.

Creditors: amounts falling due within one year

30/6/26

30/6/25

£

£

Bank loans and overdrafts

3,799

4,615

Trade creditors

520

-

Taxation and social security

7,977

8,402

Other creditors

6,256

2,157

18,552

15,174

7.

Creditors: amounts falling due after more than one year

30/6/26

30/6/25

£

£

Bank loans

7,871

10,648

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 June 2026 and 30 June 2025:

30/6/26

30/6/25

£

£

J L Fordham

Balance outstanding at start of year

71,959

83,255

Amounts advanced

95,883

113,978

Amounts repaid

(93,995

)

(125,274

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

73,847

71,959