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REGISTERED NUMBER: 12465746 (England and Wales)





















Unaudited Financial Statements

for the Year Ended 31 May 2023

for

JAJ Entertainment Limited

JAJ Entertainment Limited (Registered number: 12465746)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JAJ Entertainment Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mr Jermaine Jenas





REGISTERED OFFICE: 24A Aldermans Hill
London
N13 4PN





REGISTERED NUMBER: 12465746 (England and Wales)





ACCOUNTANTS: Alexander Associates
24A Aldermans Hill
Palmers Green
London
N13 4PN

JAJ Entertainment Limited (Registered number: 12465746)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £   
CURRENT ASSETS
Debtors 4 280,059 256,287
Cash at bank 32,770 87,484
312,829 343,771
CREDITORS
Amounts falling due within one year 5 290,846 336,390
NET CURRENT ASSETS 21,983 7,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,983

7,381

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 21,881 7,279
21,983 7,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 5 February 2024 and were signed by:





Mr Jermaine Jenas - Director


JAJ Entertainment Limited (Registered number: 12465746)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

JAJ Entertainment Limited is a private company, limited by shares , registered in England and Wales. 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 121,984 144,106
Amounts owed by group undertakings 158,075 -
Other debtors - 27,516
Directors' current accounts - 84,665
280,059 256,287

JAJ Entertainment Limited (Registered number: 12465746)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 44 2
Amounts owed to group undertakings - 122,353
Tax 248,259 199,016
Social security and other taxes 386 -
VAT 36,774 15,019
Directors' current accounts 4,133 -
Accrued expenses 1,250 -
290,846 336,390