JPM YORK LIMITED Accounts






JPM YORK LIMITED

	Company No. 05473318
		Information for Filing with The Registrar
		30 June 2023

The Director presents his report and the accounts for the year ended 30 June 2023.

Principal activities
The principal activity of the company during the year under review was Consultancy.




Director

The Director who served at any time during the year was as follows:

J. Munday







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J. Munday
Director
29 February 2024

at	30 June 2023
Company No.		05473318	Notes	2023	2022
				£	£
Fixed assets

	Tangible assets		4	313	-


				313	-
Current assets

	Debtors		5	2,591	2,532

	Cash at bank and in hand			136,726	117,282
				139,317	119,814
Creditors: Amount falling due within one year			6	(37,054)	(35,136)
Net current assets				102,263	84,678
Total assets less current liabilities				102,576	84,678




Net assets				102,576	84,678

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		7	102,575	84,677

Total equity				102,576	84,678



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 29 February 2024 and signed on its behalf by:
J. Munday
Director
29 February 2024

for the year ended 30 June 2023

General information

JPM YORK LIMITED is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 05473318

Its registered office is:

19 Manor Drive

Dunnington

York

YO19 5QR

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is generated from the rendering of services. Turnover is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of turnover can be measured reliably
- it is probable that the company will receive the consideration due under the contract
- the stage of completion of the contract at the end of the reporting period can be measured
reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2023	2022
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation

		Additions	320	320



		At 30 June 2023	320	320
		Depreciation

		Charge for the year	7	7



		At 30 June 2023	7	7
		Net book values
		At 30 June 2023	313	313

5	Debtors
			2023	2022
			£	£
		Trade debtors	2,460	2,400






		Prepayments and accrued income	131	132
			2,591	2,532

6	Creditors:
		amounts falling due within one year
			2023	2022
			£	£






		Taxes and social security	18,759	17,859
		Loans from directors	17,499	10,299

		Accruals and deferred income	796	6,978
			37,054	35,136

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.