JNS BROTHERS LIMITED

Company Registration Number:
SC578620 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

JNS BROTHERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

JNS BROTHERS LIMITED

Company Information

for the Period Ended 31 October 2023




Director: JAIMY MADAN
JOBY Pattaikkal
Naijo Varghese
Registered office: Unit 1 Crombie House
Grandholm Crescent
Bridge Of Don
Aberdeen
GB-SCT
AB22 8BD
Company Registration Number: SC578620 (Scotland)

JNS BROTHERS LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

Corner shop- selling fruit and veg, groceries, alcohol etc

Political and charitable donations

No

Company policy on the employment of disabled persons

Always support and provide opportunities to the individual needs as necessary

Additional information

Premises has insured to protect customers and staff

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
JAIMY MADAN
JOBY Pattaikkal
Naijo Varghese

This report was approved by the board of directors on 3 November 2023
And Signed On Behalf Of The Board By:

Name: JAIMY MADAN
Status: Director

Name: JOBY Pattaikkal
Status: Director

Name: Naijo Varghese
Status: Director

JNS BROTHERS LIMITED

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Turnover 192,473 188,371
Cost of sales ( 150,762 ) ( 144,629 )
Gross Profit or (Loss) 41,711 43,742
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 2,400 ) ( 1,800 )
Administrative Expenses ( 38,565 ) ( 36,163 )
Other operating income 3,025 2,953
Operating Profit or (Loss) 3,771 8,732
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 554 ) ( 528 )
Profit or (Loss) Before Tax 3,217 8,204
Profit or (Loss) for Period 3,217 8,204

The notes form part of these financial statements

JNS BROTHERS LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 6,000 6,000
Tangible assets: 5 5,500 5,500
Total fixed assets: 11,500 11,500
Current assets
Stocks: 18,000 14,500
Cash at bank and in hand: 500 350
Total current assets: 18,500 14,850
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 15,905 ) ( 0 )
Net current assets (liabilities): 2,595 14,850
Total assets less current liabilities: 14,095 26,350
Creditors: amounts falling due after more than one year: 7 ( 6,554 ) ( 10,028 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 7,541 16,322

The notes form part of these financial statements

JNS BROTHERS LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 7,541 16,322
Revaluation reserve: 8 0 0
Shareholders funds: 7,541 16,322

For the year ending 31 October 2023 the company was entitled to exemption 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 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.

This report was approved by the board of directors on 3 November 2023
And Signed On Behalf Of The Board By:

Name: JAIMY MADAN
Status: Director

Name: JOBY Pattaikkal
Status: Director

Name: Naijo Varghese
Status: Director

The notes form part of these financial statements

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 November 2022 6,000 6,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 6,000 6,000
Amortisation
Amortisation at 01 November 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 October 2023 - -
Net book value
Net book value at 31 October 2023 6,000 6,000
Net book value at 31 October 2022 6,000 6,000

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 November 2022 5,500 5,500
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 5,500 5,500
Depreciation
At 01 November 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 October 2023 - -
Net book value
At 31 October 2023 5,500 5,500
At 31 October 2022 5,500 5,500

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 6,554 0
Other creditors 9,351
Total 15,905 0

loan and credit card

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 6,554 10,028
Total 6,554 10,028

bank loan

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

8. Revaluation reserve


2023
£
Balance at 01 November 2022 0
Surplus or deficit after revaluation 0
Balance at 31 October 2023 0