11 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 18,811 6,090 24,901 11,462 2,688 14,150 10,751 7,349 xbrli:pure xbrli:shares iso4217:GBP 08895720 2022-04-01 2023-03-31 08895720 2023-03-31 08895720 2022-03-31 08895720 2021-04-01 2022-03-31 08895720 2022-03-31 08895720 core:FurnitureFittings 2022-04-01 2023-03-31 08895720 bus:Director2 2022-04-01 2023-03-31 08895720 core:FurnitureFittings 2022-03-31 08895720 core:FurnitureFittings 2023-03-31 08895720 core:WithinOneYear 2023-03-31 08895720 core:WithinOneYear 2022-03-31 08895720 core:ShareCapital 2023-03-31 08895720 core:ShareCapital 2022-03-31 08895720 core:RetainedEarningsAccumulatedLosses 2023-03-31 08895720 core:RetainedEarningsAccumulatedLosses 2022-03-31 08895720 core:FurnitureFittings 2022-03-31 08895720 bus:SmallEntities 2022-04-01 2023-03-31 08895720 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08895720 bus:FullAccounts 2022-04-01 2023-03-31 08895720 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08895720 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 08895720
JANASAN LIMITED
Filleted Unaudited Financial Statements
31 March 2023
JANASAN LIMITED
Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
10,751
7,349
Current assets
Stocks
41,350
56,715
Debtors
6
55,040
50,354
Cash at bank and in hand
126,994
114,276
---------
---------
223,384
221,345
Creditors: amounts falling due within one year
7
41,871
30,272
---------
---------
Net current assets
181,513
191,073
---------
---------
Total assets less current liabilities
192,264
198,422
---------
---------
Net assets
192,264
198,422
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
192,164
198,322
---------
---------
Shareholders funds
192,264
198,422
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
JANASAN LIMITED
Statement of Financial Position (continued)
31 March 2023
These financial statements were approved by the board of directors and authorised for issue on 20 October 2023 , and are signed on behalf of the board by:
Mrs J Nanthabalan
Director
Company registration number: 08895720
JANASAN LIMITED
Notes to the Financial Statements
Year ended 31st March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Rajpal & Co, 46 The Ridgeway, North Harrow, Middlesex, HA2 7QN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the current tax which is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 11 (2022: 10 ).
5. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1st April 2022
18,811
18,811
Additions
6,090
6,090
--------
--------
At 31st March 2023
24,901
24,901
--------
--------
Depreciation
At 1st April 2022
11,462
11,462
Charge for the year
2,688
2,688
--------
--------
At 31st March 2023
14,150
14,150
--------
--------
Carrying amount
At 31st March 2023
10,751
10,751
--------
--------
At 31st March 2022
7,349
7,349
--------
--------
6. Debtors
2023
2022
£
£
Other debtors
55,040
50,354
--------
--------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
16,292
7,685
Corporation tax
7,347
7,546
Social security and other taxes
15,749
12,558
Other creditors
2,483
2,483
--------
--------
41,871
30,272
--------
--------