JIMS SPARKS LIMITED 30/04/2026 iXBRL

Company registration number: 09127017

JIMS SPARKS LIMITED

Trading as Jims Sparks Limited

Unaudited filleted financial statements

30 April 2026

JIMS SPARKS LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

JIMS SPARKS LIMITED

Directors and other information


	Director	J Mansfield


	Company number	09127017


	Registered office	42 Chelmsford Drive
		Upminster
		Essex
		RM14 2PB


	Accountants	Peaty & Co
		163-164 Moulsham Street
		Chelmsford
		Essex
		CM2 0LD

JIMS SPARKS LIMITED

Chartered accountants report to the director on the preparation of the

unaudited statutory financial statements of Jims Sparks Limited

Year ended 30 April 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jims Sparks Limited for the year ended 30 April 2026 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of Jims Sparks Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Jims Sparks Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jims Sparks Limited and its director as a body for our work or for this report.

It is your duty to ensure that Jims Sparks Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jims Sparks Limited. You consider that Jims Sparks Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jims Sparks Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Peaty & Co

Chartered Accountants

163-164 Moulsham Street

Chelmsford

Essex

CM2 0LD

28 July 2026

JIMS SPARKS LIMITED

Statement of financial position

30 April 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	9	4,834		6,042
		_______		_______
			4,834		6,042

Current assets
Debtors	10	4,894		2,331
Cash at bank and in hand		885		3,061
		_______		_______
		5,779		5,392
Creditors: amounts falling due
within one year	11	( 9,449)		( 10,564)
		_______		_______
Net current liabilities			( 3,670)		( 5,172)
			_______		_______
Total assets less current liabilities			1,164		870


Provisions for liabilities	12		( 317)		( 415)

			_______		_______
Net assets			847		455
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			846		454
			_______		_______
Shareholder funds			847		455
			_______		_______

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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 income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 28 July 2026 , and are signed on behalf of the board by:

J Mansfield

Director

Company registration number: 09127017

JIMS SPARKS LIMITED

Notes to the financial statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 42 Chelmsford Drive, Upminster, Essex, RM14 2PB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. They have been prepared in sterling which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

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:


Motor vehicles	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Directors remuneration

The director's aggregate remuneration in respect of qualifying services was:

	2026	2025
	£	£
Remuneration	9,970	9,136
	_______	_______

6. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2026	2025
	£	£
Depreciation of tangible assets	1,208	1,510
	_______	_______

7. Tax on profit

Major components of tax expense

	2026	2025
	£	£
Current tax:
UK current tax expense	7,695	8,376
	_______	_______

Deferred tax:
Origination and reversal of timing differences	( 98)	( 126)
	_______	_______
Tax on profit	7,597	8,250
	_______	_______

8. Dividends

Equity dividends

	2026	2025
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)	32,000	40,000
	_______	_______

9. Tangible assets

	Motor vehicles	Total
	£	£
Cost
At 1 May 2025 and 30 April 2026	13,000	13,000
	_______	_______
Depreciation
At 1 May 2025	6,958	6,958
Charge for the year	1,208	1,208
	_______	_______
At 30 April 2026	8,166	8,166
	_______	_______
Carrying amount
At 30 April 2026	4,834	4,834
	_______	_______
At 30 April 2025	6,042	6,042
	_______	_______

10. Debtors

	2026	2025
	£	£
Trade debtors	1,280	2,331
Other debtors	3,614	-
	_______	_______
	4,894	2,331
	_______	_______

11. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	7,695	8,376
Social security and other taxes	62	62
Other creditors	1,692	2,126
	_______	_______
	9,449	10,564
	_______	_______

12. Provisions

	Deferred tax (note 13)	Total
	£	£
At 1 May 2025	415	415
Transfers	( 98)	( 98)
	_______	_______
At 30 April 2026	317	317
	_______	_______

13. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2026	2025
	£	£
Included in provisions (note 12)	317	415
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2026	2025
	£	£
Accelerated capital allowances	317	415
	_______	_______

14. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2026
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	J Mansfield	-	3,614	3,614
		_______	_______	_______

2025
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	J Mansfield	-	-	-
		_______	_______	_______