Jardine Compliance Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02965255 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

JARDINE COMPLIANCE SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

I M D Jardine

REGISTERED OFFICE:

New Progress House

34 Stafford Road

Wallington

Surrey

SM6 9AA

REGISTERED NUMBER:

02965255 (England and Wales)

ACCOUNTANTS:

Jardines

Chartered Certified Accountants

New Progress House

34 Stafford Road

Wallington

Surrey

SM6 9AA

FIXED ASSETS

Tangible assets

4

-

3,399

CURRENT ASSETS

Debtors

5

49,229

82,328

Prepayments and accrued income

-

8,627

Cash at bank and in hand

374,488

204,185

423,717

295,140

CREDITORS

Amounts falling due within one year

6

(82,545

)

(66,982

)

NET CURRENT ASSETS

341,172

228,158

TOTAL ASSETS LESS CURRENT LIABILITIES

341,172

231,557

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

341,170

231,555

SHAREHOLDERS' FUNDS

341,172

231,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 29 December 2022 and were signed by:

I M D Jardine - Director

1.	STATUTORY INFORMATION

Jardine Compliance Services 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.

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% on 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2021

14,967

Disposals

(14,967

)

At 31 March 2022

-

DEPRECIATION

At 1 April 2021

11,568

Charge for year

850

Eliminated on disposal

(12,418

)

At 31 March 2022

-

NET BOOK VALUE

At 31 March 2022

-

At 31 March 2021

3,399

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

47,706

58,326

Other debtors

1,523

24,002

49,229

82,328

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

536

6,453

Taxation and social security

68,067

30,667

Other creditors

13,942

29,862

82,545

66,982

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The Director owes to the company £43.90 (2021: £13,678). This has been settled within nine months of the year end.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £80,000 (2021 - £80,000) were paid to the director .

The Company paid rent of £22,322 (2021: £17,252) to South Croydon Offices Limited. I Jardine is the sole director and shareholder of South Croydon Offices Limited.

9.	ULTIMATE CONTROLLING PARTY

I Jardine, a director, controls the company by virtue of a controlling interest of 100% of the issued ordinary share capital.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2022 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Jardines

Chartered Certified Accountants

New Progress House

34 Stafford Road

Wallington

Surrey

SM6 9AA

29 December 2022