REGISTERED NUMBER: 11582277 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

KJAM Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms K Corbett

SECRETARY:

REGISTERED OFFICE:

16 Beaufort Court

Admirals Way

Canary Wharf

London

E14 9XL

REGISTERED NUMBER:

11582277 (England and Wales)

ACCOUNTANTS:

RBS Accountants Limited

16 Beaufort Court

Admirals Way

London

Docklands

London

E14 9XL

FIXED ASSETS

Intangible assets

4

54,119

57,751

Tangible assets

5

211,652

4,532

265,771

62,283

CURRENT ASSETS

Stocks

6

278,273

228,251

Debtors

7

622,299

829,458

Cash at bank and in hand

46,598

178,609

947,170

1,236,318

CREDITORS

Amounts falling due within one year

8

590,545

587,163

NET CURRENT ASSETS

356,625

649,155

TOTAL ASSETS LESS CURRENT LIABILITIES

622,396

711,438

CREDITORS

Amounts falling due after more than one year

9

(133,927

)

(13,500

)

PROVISIONS FOR LIABILITIES

12

(53,114

)

(14,448

)

NET ASSETS

435,355

683,490

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

435,255

683,390

SHAREHOLDERS' FUNDS

435,355

683,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 30 January 2026 and were signed by:

Ms K Corbett - Director

1.	STATUTORY INFORMATION

KJAM 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 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 is measured at the fair value of the consideration received or receivable from orders received, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Long leasehold

-

Straight line over 15 years

Plant and machinery

-

Straight line over 15 years

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern

The director has expressed his intention to provide sufficient funds to the company as and when needed to enable it to continue operating and also to meet its lialbities as they fall due.

At the time of approving the financial statements, the director have a reasonable expectation that the company has adequate resourcses to continue in operational exisitence for the forseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing the financial statements.

Pension costs

The company contributes to individual employee's workplace pension plans. Contributions payable are charged to the income statement in the period to which they relate to. The assets of the plan are held separately from those of the company in independently administered funds.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 January 2025

78,721

Additions

9,618

At 31 December 2025

88,339

AMORTISATION

At 1 January 2025

20,970

Amortisation for year

13,250

At 31 December 2025

34,220

NET BOOK VALUE

At 31 December 2025

54,119

At 31 December 2024

57,751

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

-

-

33,746

2,303

36,049

Additions

51,232

146,361

20,647

1,705

219,945

At 31 December 2025

51,232

146,361

54,393

4,008

255,994

DEPRECIATION

At 1 January 2025

-

-

29,214

2,303

31,517

Charge for year

1,708

4,879

5,676

562

12,825

At 31 December 2025

1,708

4,879

34,890

2,865

44,342

NET BOOK VALUE

At 31 December 2025

49,524

141,482

19,503

1,143

211,652

At 31 December 2024

-

-

4,532

-

4,532

6.

STOCKS

31.12.25

31.12.24

£

£

Stocks

278,273

228,251

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

157,122

173,300

Other debtors

342,343

602,143

Tax recoverable

68,578

-

Prepayments

54,256

54,015

622,299

829,458

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts (see note 10)

22,444

27,000

Trade creditors

189,971

83,175

Tax

70,242

68,578

Social security and other taxes

14,297

12,553

VAT

54,349

175,440

Other creditors

58,039

4,294

Directors' current accounts

965

965

Accrued expenses

180,238

215,158

590,545

587,163

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans (see note 10)

133,927

13,500

10.

LOANS

An analysis of the maturity of loans is given below:

31.12.25

31.12.24

£

£

Amounts falling due within one year or on demand:

Bank loans

22,444

27,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

133,927

13,500

The CIBL loan is over a 5 year term and repayable over 4 year from April 2021. The interest rate on this is 2.5% per annum.

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Between one and five years

231,000

96,000

In more than five years

132,000

267,000

363,000

363,000

The above relates to the total costs the company has committed to for operating leases for the next 12 years.

12.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

53,114

14,448

Deferred

tax

£

Balance at 1 January 2025

14,448

Provided during year

38,666

Balance at 31 December 2025

53,114

13.	RELATED PARTY DISCLOSURES

During the year the company declared dividends of £70,000 (2024: £80,000).

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Jason Delf and Kim Corbett.