Registered number
13197534
Jans Emporium Ltd
Filleted Accounts
for the year ended 28 February 2023
Jans Emporium Ltd
Registered number: 13197534
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Current assets
Stocks 3,263 -
Debtors 3 8,383 9,602
Cash at bank and in hand 3,512 9,000
15,158 18,602
Creditors: amounts falling due within one year 4 (22,296) (18,482)
Net current (liabilities)/assets (7,138) 120
Net (liabilities)/assets (7,138) 120
Capital and reserves
Called up share capital 1 1
Profit and loss account (7,139) 119
Shareholder's funds (7,138) 120
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Intakhab Jan Alam
Director
Approved by the board on 17 November 2023
Jans Emporium Ltd
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors 7,777 9,602
Other debtors 606 -
8,383 9,602
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 28 1,223
Other creditors 22,268 17,259
22,296 18,482
5 Other information
Jans Emporium Ltd is a private company limited by shares and incorporated in England. Its registered office is:
2 Swanland Drive
Tonbridge
TN9 2RA
Jans Emporium Ltd 13197534 false 2022-03-01 2023-02-28 2023-02-28 VT Final Accounts April 2022 Intakhab Jan Alam No description of principal activity 13197534 2021-02-11 2022-02-28 13197534 core:WithinOneYear 2022-02-28 13197534 core:ShareCapital 2022-02-28 13197534 core:RetainedEarningsAccumulatedLosses 2022-02-28 13197534 2022-03-01 2023-02-28 13197534 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 13197534 bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 13197534 bus:Director40 2022-03-01 2023-02-28 13197534 1 2022-03-01 2023-02-28 13197534 countries:England 2022-03-01 2023-02-28 13197534 bus:FRS102 2022-03-01 2023-02-28 13197534 bus:FullAccounts 2022-03-01 2023-02-28 13197534 2023-02-28 13197534 core:WithinOneYear 2023-02-28 13197534 core:ShareCapital 2023-02-28 13197534 core:RetainedEarningsAccumulatedLosses 2023-02-28 13197534 2022-02-28 iso4217:GBP xbrli:pure