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REGISTERED NUMBER: 07470828 (England and Wales)


Financial Statements for the Year Ended 28 February 2023

for

J H Amin Ltd.

J H Amin Ltd. (Registered number: 07470828)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


J H Amin Ltd.

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr Jalkesh Amin





REGISTERED OFFICE: 721 Melton Road
Thurmaston
Leicestershire
LE4 8ED





REGISTERED NUMBER: 07470828 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

J H Amin Ltd. (Registered number: 07470828)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 70,200 72,000
Investments 5 489,077 489,077
559,277 561,077

CURRENT ASSETS
Debtors 6 79,680 88,879
Cash at bank 178 4,733
79,858 93,612
CREDITORS
Amounts falling due within one year 7 194,056 184,382
NET CURRENT LIABILITIES (114,198 ) (90,770 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,079

470,307

CREDITORS
Amounts falling due after more than one
year

8

139,964

176,811
NET ASSETS 305,115 293,496

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 305,015 293,396
SHAREHOLDERS' FUNDS 305,115 293,496

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

J H Amin Ltd. (Registered number: 07470828)

Statement of Financial Position - continued
28 February 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 November 2023 and were signed by:





Mr Jalkesh Amin - Director


J H Amin Ltd. (Registered number: 07470828)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

J H Amin 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
Revenue 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 March 2022
and 28 February 2023 90,000
DEPRECIATION
At 1 March 2022 18,000
Charge for year 1,800
At 28 February 2023 19,800
NET BOOK VALUE
At 28 February 2023 70,200
At 28 February 2022 72,000

J H Amin Ltd. (Registered number: 07470828)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022
and 28 February 2023 489,077
NET BOOK VALUE
At 28 February 2023 489,077
At 28 February 2022 489,077

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 79,680 88,879

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 30,300 30,300
Taxation and social security 6,322 5,433
Other creditors 157,434 148,649
194,056 184,382

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 139,964 176,811

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
80 Ordinary £1 80 80
20 Ordinary B £1 20 20
100 100

J H Amin Ltd. (Registered number: 07470828)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

10. RELATED PARTY DISCLOSURES

(a) The company owns 100% of the issued share capital Thurmaston Pharmacy Limited and during the year :

(i) Dividend in the sum of £16,000 were received from Thurmaston Pharmacy Limited

(ii) The company levied management charges to Thurmaston in the sum of £35,000

The net amount owed by Thurmaston Pharmacy Limited at 28 February 2023 was £51,000

(b) During the year the company directors and shareholders received dividend of £30,000.

11. ULTIMATE CONTROLLING PARTY

The company was under the control of J H Amin throughout the current year. Mr J H Amin is a director and together with his wife owns all shares issued in the company.