Jem Management Limited
Jem Management Limited
Registered number: 06150886
Financial Statements
For The Year Ended
31 December 2022
Jem Management Limited
Financial Statements
For The Year Ended
31 December 2022
Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—4 |
Page 1
Jem Management Limited
Balance Sheet
As At
31 December 2022
Balance Sheet
Registered number:
06150886
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
2022 | 2021 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
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CURRENT ASSETS | |||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 6 |
( |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 7 |
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NET LIABILITIES |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | (3,953) | (3,953) | |||
Page 1
Page 2
Jem Management Limited
Balance Sheet (continued)
As At
31 December 2022
On behalf of the board
Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Jem Management Limited
Notes to the Financial Statements
For The Year Ended
31 December 2022
Notes to the Financial Statements
1.
General Information
Jem Management Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
06150886
. The registered office is Suite A, Jubilee Centre, 10/12 Lombard Road, South Wimbledon, London, SW19 3TZ.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office Equipment - 15 % on the reducing balance basis
Freehold |
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Computer Equipment |
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3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2021: NIL)
4.
Tangible Assets
Land & Property | |||
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Freehold | Computer Equipment | Total | |
£ | £ | £ | |
Cost | |||
As at
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As at
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Depreciation | |||
As at
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Provided during the period |
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As at
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Net Book Value | |||
As at
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As at
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Page 3
Page 4
Jem Management Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2022
5.
Debtors
2022 | 2021 | ||
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£ | £ | ||
Due within one year | |||
PAYE & Social Security |
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Related Companies |
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KM Maple Leaf Investments Ltd | 30,020 | 30,020 | |
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Due after more than one year | |||
Directors loan account |
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6.
Creditors: Amounts Falling Due Within One Year
2022 | 2021 | ||
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£ | £ | ||
Quantatative Limited |
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Evolution Trading (UK) Limited |
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Accruals |
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7.
Creditors: Amounts Falling Due After More Than One Year
2022 | 2021 | ||
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£ | £ | ||
Bounce Back Loan - Nat West |
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Other Loans - S Kalairajah |
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Directors loan account |
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8.
Share Capital
2022 | 2021 | ||
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Allotted, called up but not fully paid | £ | £ | |
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550 | 550 | |
Page 4