Bright AccountsProduction v1.0.0 v1.0.0 2022-05-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is investing in residential property. Properties were gifted by the director to the company in June 2017 whereby that month was the first time since incorporation that the company derived rental income. 22 November 2023 1 1 NI644971 2023-04-30 NI644971 2022-04-30 NI644971 2021-04-30 NI644971 2022-05-01 2023-04-30 NI644971 2021-05-01 2022-04-30 NI644971 uk-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 NI644971 uk-curr:PoundSterling 2022-05-01 2023-04-30 NI644971 uk-bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 NI644971 uk-bus:FullAccounts 2022-05-01 2023-04-30 NI644971 uk-bus:Director1 2022-05-01 2023-04-30 NI644971 uk-bus:RegisteredOffice 2022-05-01 2023-04-30 NI644971 uk-bus:Agent1 2022-05-01 2023-04-30 NI644971 uk-core:ShareCapital 2023-04-30 NI644971 uk-core:ShareCapital 2022-04-30 NI644971 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 NI644971 uk-core:RetainedEarningsAccumulatedLosses 2022-04-30 NI644971 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-04-30 NI644971 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-04-30 NI644971 uk-bus:FRS102 2022-05-01 2023-04-30 NI644971 uk-core:WithinOneYear 2023-04-30 NI644971 uk-core:WithinOneYear 2022-04-30 NI644971 2022-05-01 2023-04-30 NI644971 uk-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
Company Registration Number: NI644971
 
 
Wook Jay Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 April 2023
Wook Jay Limited
Director and Other Information

 
Director Mrs. Patricia Wai-Lam Hamilton
 
 
Company Registration Number NI644971
 
 
Registered Office and Business Address 4 Kings Crescent
Belfast
Co. Antrim
BT5 6PR
 
 
Accountants HCA Chartered Accountants Ltd
Chartered Accountants
12 Cromac Place
Belfast
Co. Antrim
BT7 2JB
Northern Ireland
 
 
Bankers Barclays
  Leicester
  LE87 2BB
 
   
Solicitors O'Reilly Stewart
  114/116 Royal Avenue
  Belfast
  BT1 1DL



Wook Jay Limited
Company Registration Number: NI644971
Balance Sheet
as at 30 April 2023

2023 2022
Notes £ £
 
Fixed Assets
Investment properties 4 222,994 222,994
───────── ─────────
 
Current Assets
Cash and cash equivalents 6,229 1,675
Creditors: amounts falling due within one year 5 (202,970) (202,738)
───────── ─────────
Net Current Liabilities (196,741) (201,063)
───────── ─────────
Total Assets less Current Liabilities 26,253 21,931
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings 7 26,251 21,929
───────── ─────────
Equity attributable to owners of the company 26,253 21,931
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.
           
For the financial year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 22 November 2023
           
           
________________________________          
Mrs. Patricia Wai-Lam Hamilton          
Director          
           



Wook Jay Limited
Notes to the Financial Statements
for the financial year ended 30 April 2023

   
1. General Information
 
Wook Jay Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 4 Kings Crescent, Belfast, Co. Antrim, BT5 6PR which is also the principal place of business of the company. The principal activity of the company is investing in residential property. Properties were gifted by the director to the company in June 2017 whereby that month was the first time since incorporation that the company derived rental income. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 April 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Turnover comprises rents receivable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company's only employee is its unpaid director. Accordingly, the company does not operate a defined contribution pension scheme.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity. Shares comprise 98 A ordinary shares and 2 B Ordinary shares.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2022 - 1).
 
  2023 2022
  Number Number
 
Director 1 1
  ═════════ ═════════
     
4. Investment Properties
  Investment
  properties
 
  £
Cost
 
At 30 April 2023 222,994
  ─────────
Net book value
At 30 April 2023 222,994
  ═════════
At 30 April 2022 222,994
  ═════════
       
5. Creditors 2023 2022
Amounts falling due within one year £ £
 
Taxation  (Note 6) 1,249 1,155
Director's current account 200,581 200,443
Accruals 1,140 1,140
  ───────── ─────────
  202,970 202,738
  ═════════ ═════════
 
The loan from the director is unsecured and interest free.
       
6. Taxation 2023 2022
  £ £
 
Creditors:
Corporation tax 1,249 1,155
  ═════════ ═════════
       
7. Income Statement
     
  2023 2022
  £ £
 
At 1 May 2022 21,929 20,007
Profit for the financial year 5,322 4,922
Payment of dividends (1,000) (3,000)
  ───────── ─────────
At 30 April 2023 26,251 21,929
  ═════════ ═════════
       
8. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 April 2023.
   
9. Director's advances, credits and guarantees
 
The loan from the director is unsecured and interest free. The director will only seek repayment when the company has sufficient cash resources.
   
10. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.