REGISTERED NUMBER: 09476701 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

JM INDEPENDENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Macbeth

C Macbeth

REGISTERED OFFICE:

3 Stuart Close

Emmer Green

Reading

RG4 8RF

REGISTERED NUMBER:

09476701 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Tangible assets

4

307

614

CURRENT ASSETS

Debtors

5

400

5,443

Cash at bank

4,548

6,176

4,948

11,619

CREDITORS

Amounts falling due within one year

6

3,175

5,028

NET CURRENT ASSETS

1,773

6,591

TOTAL ASSETS LESS CURRENT LIABILITIES

2,080

7,205

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

2,077

7,202

2,080

7,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 24 September 2026 and were signed on its behalf by:

J Macbeth - Director

C Macbeth - Director

1.	STATUTORY INFORMATION

JM Independent 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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% Straight line

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2025

and 31 March 2026

3,710

DEPRECIATION

At 1 April 2025

3,096

Charge for year

307

At 31 March 2026

3,403

NET BOOK VALUE

At 31 March 2026

307

At 31 March 2025

614

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

400

5,114

Other debtors

-

329

400

5,443

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

162

137

Taxation and social security

622

2,905

Other creditors

2,391

1,986

3,175

5,028

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

J Macbeth

Balance outstanding at start of year

(410

)

(22

)

Amounts advanced

6,087

6,262

Amounts repaid

(6,306

)

(6,650

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(629

)

(410

)

C Macbeth

Balance outstanding at start of year

329

(143

)

Amounts advanced

12,173

13,773

Amounts repaid

(12,611

)

(13,301

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(109

)

329