IRIS Accounts Production v23.1.5.20 01036326 Board of Directors Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure010363262022-02-28010363262023-02-28010363262022-03-012023-02-28010363262021-02-28010363262021-03-012022-02-28010363262022-02-2801036326ns15:PoundSterling2022-03-012023-02-2801036326ns11:Director12022-03-012023-02-2801036326ns11:Director22022-03-012023-02-2801036326ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2801036326ns11:SmallEntities2022-03-012023-02-2801036326ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2801036326ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2801036326ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2801036326ns11:FullAccounts2022-03-012023-02-2801036326ns11:CompanySecretary12022-03-012023-02-2801036326ns11:RegisteredOffice2022-03-012023-02-2801036326ns6:CurrentFinancialInstruments2023-02-2801036326ns6:CurrentFinancialInstruments2022-02-2801036326ns6:Non-currentFinancialInstruments2023-02-2801036326ns6:Non-currentFinancialInstruments2022-02-2801036326ns6:ShareCapital2023-02-2801036326ns6:ShareCapital2022-02-2801036326ns6:RetainedEarningsAccumulatedLosses2023-02-2801036326ns6:RetainedEarningsAccumulatedLosses2022-02-2801036326ns6:ShortLeaseholdAssetsns6:LandBuildings2022-02-2801036326ns6:FurnitureFittings2022-02-2801036326ns6:ComputerEquipment2022-02-2801036326ns6:ShortLeaseholdAssetsns6:LandBuildings2022-03-012023-02-2801036326ns6:FurnitureFittings2022-03-012023-02-2801036326ns6:ComputerEquipment2022-03-012023-02-2801036326ns6:ShortLeaseholdAssetsns6:LandBuildings2023-02-2801036326ns6:FurnitureFittings2023-02-2801036326ns6:ComputerEquipment2023-02-2801036326ns6:ShortLeaseholdAssetsns6:LandBuildings2022-02-2801036326ns6:FurnitureFittings2022-02-2801036326ns6:ComputerEquipment2022-02-2801036326ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2801036326ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2801036326ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2023-02-2801036326ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-02-2801036326ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2023-02-2801036326ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2022-02-28
REGISTERED NUMBER: 01036326















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Jetvale Limited
T/A
Harpers

Jetvale Limited (Registered number: 01036326)
T/A Harpers






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jetvale Limited
T/A Harpers

Company Information
for the Year Ended 28 February 2023







DIRECTORS: S Solomons
Mrs K Solomons





SECRETARY: S Solomons





REGISTERED OFFICE: 110 Carlton Avenue East
Wembley
Middlesex
HA9 8LY





REGISTERED NUMBER: 01036326





ACCOUNTANTS: MohanRed & Co
110 Carlton Avenue East
Wembley
Middlesex
HA9 8LY

Jetvale Limited (Registered number: 01036326)
T/A Harpers

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,275 1,508

CURRENT ASSETS
Stocks 24,150 30,120
Debtors 5 11,633 1,439
Cash at bank 171,180 176,447
206,963 208,006
CREDITORS
Amounts falling due within one year 6 156,155 144,663
NET CURRENT ASSETS 50,808 63,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,083

64,851

CREDITORS
Amounts falling due after more than one
year

7

35,965

41,148
NET ASSETS 16,118 23,703

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,018 23,603
SHAREHOLDERS' FUNDS 16,118 23,703

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 directors acknowledge their 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.

Jetvale Limited (Registered number: 01036326)
T/A Harpers

Balance Sheet - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by:




S Solomons - Director



Mrs K Solomons - Director


Jetvale Limited (Registered number: 01036326)
T/A Harpers

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

1. STATUTORY INFORMATION

Jetvale Limited is a private company, limited by shares , registered in Not specified/Other. 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
Turnover 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Jetvale Limited (Registered number: 01036326)
T/A Harpers

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

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 March 2022
and 28 February 2023 78,303 106,251 2,199 186,753
DEPRECIATION
At 1 March 2022 78,302 104,886 2,057 185,245
Charge for year - 205 28 233
At 28 February 2023 78,302 105,091 2,085 185,478
NET BOOK VALUE
At 28 February 2023 1 1,160 114 1,275
At 28 February 2022 1 1,365 142 1,508

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 11,633 -
Prepayments and accrued income - 1,439
11,633 1,439

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 6,310 6,310
Trade creditors 27,197 24,527
Social security and other taxes (1,530 ) (1,481 )
Vat 17,865 25,644
Net wages 11,995 2,009
Directors' current accounts 52,804 63,140
Accrued expenses 41,514 24,514
156,155 144,663

Jetvale Limited (Registered number: 01036326)
T/A Harpers

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans - 1-2 years 6,310 6,310
Bank loans - 2-5 years 18,930 18,930
Bank loans more 5 yr by instal 10,725 15,908
35,965 41,148

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,725 15,908

8. CONTROLLING PARTY

The company's controlling party is K Solomons, a director.