2022-04-012023-03-312023-03-31false06630261JAYCEE SUBWAY LIMITED2023-11-20iso4217:GBPxbrli:pure066302612022-04-01066302612023-03-31066302612022-04-012023-03-31066302612021-04-01066302612022-03-31066302612021-04-012022-03-3106630261bus:SmallEntities2022-04-012023-03-3106630261bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3106630261bus:FullAccounts2022-04-012023-03-3106630261bus:PrivateLimitedCompanyLtd2022-04-012023-03-3106630261core:WithinOneYear2023-03-3106630261core:AfterOneYear2023-03-3106630261core:WithinOneYear2022-03-3106630261core:AfterOneYear2022-03-3106630261core:ShareCapital2023-03-3106630261core:SharePremium2023-03-3106630261core:RevaluationReserve2023-03-3106630261core:OtherReservesSubtotal2023-03-3106630261core:RetainedEarningsAccumulatedLosses2023-03-3106630261core:ShareCapital2022-03-3106630261core:SharePremium2022-03-3106630261core:RevaluationReserve2022-03-3106630261core:OtherReservesSubtotal2022-03-3106630261core:RetainedEarningsAccumulatedLosses2022-03-3106630261core:LandBuildings2023-03-3106630261core:PlantMachinery2023-03-3106630261core:Vehicles2023-03-3106630261core:FurnitureFittings2023-03-3106630261core:OfficeEquipment2023-03-3106630261core:NetGoodwill2023-03-3106630261core:IntangibleAssetsOtherThanGoodwill2023-03-3106630261core:ListedExchangeTraded2023-03-3106630261core:UnlistedNon-exchangeTraded2023-03-3106630261core:LandBuildings2022-03-3106630261core:PlantMachinery2022-03-3106630261core:Vehicles2022-03-3106630261core:FurnitureFittings2022-03-3106630261core:OfficeEquipment2022-03-3106630261core:NetGoodwill2022-03-3106630261core:IntangibleAssetsOtherThanGoodwill2022-03-3106630261core:ListedExchangeTraded2022-03-3106630261core:UnlistedNon-exchangeTraded2022-03-3106630261core:LandBuildings2022-04-012023-03-3106630261core:PlantMachinery2022-04-012023-03-3106630261core:Vehicles2022-04-012023-03-3106630261core:FurnitureFittings2022-04-012023-03-3106630261core:OfficeEquipment2022-04-012023-03-3106630261core:NetGoodwill2022-04-012023-03-3106630261core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106630261core:ListedExchangeTraded2022-04-012023-03-3106630261core:UnlistedNon-exchangeTraded2022-04-012023-03-3106630261core:MoreThanFiveYears2022-04-012023-03-3106630261core:Non-currentFinancialInstruments2023-03-3106630261core:Non-currentFinancialInstruments2022-03-3106630261dpl:CostSales2022-04-012023-03-3106630261dpl:DistributionCosts2022-04-012023-03-3106630261core:LandBuildings2022-04-012023-03-3106630261core:PlantMachinery2022-04-012023-03-3106630261core:Vehicles2022-04-012023-03-3106630261core:FurnitureFittings2022-04-012023-03-3106630261core:OfficeEquipment2022-04-012023-03-3106630261dpl:AdministrativeExpenses2022-04-012023-03-3106630261core:NetGoodwill2022-04-012023-03-3106630261core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106630261dpl:GroupUndertakings2022-04-012023-03-3106630261dpl:ParticipatingInterests2022-04-012023-03-3106630261dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3106630261core:ListedExchangeTraded2022-04-012023-03-3106630261dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3106630261core:UnlistedNon-exchangeTraded2022-04-012023-03-3106630261dpl:CostSales2021-04-012022-03-3106630261dpl:DistributionCosts2021-04-012022-03-3106630261core:LandBuildings2021-04-012022-03-3106630261core:PlantMachinery2021-04-012022-03-3106630261core:Vehicles2021-04-012022-03-3106630261core:FurnitureFittings2021-04-012022-03-3106630261core:OfficeEquipment2021-04-012022-03-3106630261dpl:AdministrativeExpenses2021-04-012022-03-3106630261core:NetGoodwill2021-04-012022-03-3106630261core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3106630261dpl:GroupUndertakings2021-04-012022-03-3106630261dpl:ParticipatingInterests2021-04-012022-03-3106630261dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3106630261core:ListedExchangeTraded2021-04-012022-03-3106630261dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3106630261core:UnlistedNon-exchangeTraded2021-04-012022-03-3106630261core:NetGoodwill2023-03-3106630261core:IntangibleAssetsOtherThanGoodwill2023-03-3106630261core:LandBuildings2023-03-3106630261core:PlantMachinery2023-03-3106630261core:Vehicles2023-03-3106630261core:FurnitureFittings2023-03-3106630261core:OfficeEquipment2023-03-3106630261core:AfterOneYear2023-03-3106630261core:WithinOneYear2023-03-3106630261core:ListedExchangeTraded2023-03-3106630261core:UnlistedNon-exchangeTraded2023-03-3106630261core:ShareCapital2023-03-3106630261core:SharePremium2023-03-3106630261core:RevaluationReserve2023-03-3106630261core:OtherReservesSubtotal2023-03-3106630261core:RetainedEarningsAccumulatedLosses2023-03-3106630261core:NetGoodwill2022-03-3106630261core:IntangibleAssetsOtherThanGoodwill2022-03-3106630261core:LandBuildings2022-03-3106630261core:PlantMachinery2022-03-3106630261core:Vehicles2022-03-3106630261core:FurnitureFittings2022-03-3106630261core:OfficeEquipment2022-03-3106630261core:AfterOneYear2022-03-3106630261core:WithinOneYear2022-03-3106630261core:ListedExchangeTraded2022-03-3106630261core:UnlistedNon-exchangeTraded2022-03-3106630261core:ShareCapital2022-03-3106630261core:SharePremium2022-03-3106630261core:RevaluationReserve2022-03-3106630261core:OtherReservesSubtotal2022-03-3106630261core:RetainedEarningsAccumulatedLosses2022-03-3106630261core:NetGoodwill2021-04-0106630261core:IntangibleAssetsOtherThanGoodwill2021-04-0106630261core:LandBuildings2021-04-0106630261core:PlantMachinery2021-04-0106630261core:Vehicles2021-04-0106630261core:FurnitureFittings2021-04-0106630261core:OfficeEquipment2021-04-0106630261core:AfterOneYear2021-04-0106630261core:WithinOneYear2021-04-0106630261core:ListedExchangeTraded2021-04-0106630261core:UnlistedNon-exchangeTraded2021-04-0106630261core:ShareCapital2021-04-0106630261core:SharePremium2021-04-0106630261core:RevaluationReserve2021-04-0106630261core:OtherReservesSubtotal2021-04-0106630261core:RetainedEarningsAccumulatedLosses2021-04-0106630261core:AfterOneYear2022-04-012023-03-3106630261core:WithinOneYear2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3106630261core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3106630261core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3106630261core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3106630261core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3106630261core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3106630261core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3106630261core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3106630261core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3106630261core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3106630261core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3106630261core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3106630261bus:Director12022-04-012023-03-3106630261core:FurnitureFittingsToolsEquipment2022-03-3106630261core:FurnitureFittingsToolsEquipment2022-04-012023-03-3106630261core:FurnitureFittingsToolsEquipment2023-03-31

JAYCEE SUBWAY LIMITED

Registered Number
06630261
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

JAYCEE SUBWAY LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

CHIMA, Jagjit

Registered Address

2nd Floor Grove House
55 Lowlands Road
Harrow
HA1 3AW

Registered Number

06630261 (England and Wales)
JAYCEE SUBWAY LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets72,725-
Tangible assets812,65210,146
15,37710,146
Current assets
Stocks115,1962,370
Debtors1258,72646,391
Cash at bank and on hand20,10126,990
84,02375,751
Creditors amounts falling due within one year13(76,466)(75,379)
Net current assets (liabilities)7,557372
Total assets less current liabilities22,93410,518
Creditors amounts falling due after one year14(196,894)(197,543)
Net assets(173,960)(187,025)
Capital and reserves
Called up share capital100100
Profit and loss account(174,060)(187,125)
Shareholders' funds(173,960)(187,025)
The financial statements were approved and authorised for issue by the Director on 20 November 2023, and are signed on its behalf by:
CHIMA, Jagjit
Director
Registered Company No. 06630261
JAYCEE SUBWAY LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The Principle Activity of the business continue to be the activities of Licensed restaurants.
4.Basis of measurement used in financial statements
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).
5.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:Reducing balance method

Reducing balance (%)
Plant and machinery15
Fixtures and fittings25
Office Equipment25
Intangible assets policy
Goodwill has been amortized on SLM basis for 10 years.
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Deferred tax policy
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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

20232022
Average number of employees during the year1510
7.Intangible assets

Goodwill

Total

££
Cost or valuation
Additions3,0003,000
At 31 March 233,0003,000
Amortisation and impairment
Charge for year275275
At 31 March 23275275
Net book value
At 31 March 232,7252,725
At 31 March 22--
8.Property, plant and equipment

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 April 2272,42375,6673,630151,720
Additions4,1198663325,317
At 31 March 2376,54276,5333,962157,037
Depreciation and impairment
At 01 April 2267,27574,089210141,574
Charge for year1,3095789242,811
At 31 March 2368,58474,6671,134144,385
Net book value
At 31 March 237,9581,8662,82812,652
At 31 March 225,1481,5783,42010,146
9.Description of nature of transactions and balances with related parties
Included in other creditors is an amount of £28,656 (2022: £28,656 Cr) which relates to Chimere (UK) Limited, where director Mr. J Chima is also director of the company.
10.Directors advances, credits and guarantees
Included in other creditors (<1 year) is an amount of £Nil (2022: £17,201 Cr) and other creditors (>1 year) is an amount of £196,894 (2022: £197,543 Cr) relates to the directors' loan account Mr. J Chima.
11.Stocks

2023

2022

££
Raw materials and consumables5,1962,370
Total5,1962,370
12.Debtors

2023

2022

££
Other debtors47,78611,027
Prepayments and accrued income10,94035,364
Total58,72646,391
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.
13.Creditors within one year

2023

2022

££
Trade creditors / trade payables18,3047,528
Bank borrowings and overdrafts6,0107,812
Taxation and social security8,7711,564
Other creditors40,84352,056
Accrued liabilities and deferred income2,5386,419
Total76,46675,379
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
14.Creditors after one year

2023

2022

££
Other creditors196,894197,543
Total196,894197,543