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Company Registration No. 12524263 (England and Wales)
Jaytrackventures Limited Unaudited accounts for the year ended 31 March 2024
Jaytrackventures Limited Unaudited accounts Contents
Page
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Jaytrackventures Limited Company Information for the year ended 31 March 2024
Director
Mr Ogba James Ogbimi
Company Number
12524263 (England and Wales)
Registered Office
24B FRASER CLOSE SHOEBURYNESS SOUTHEND-ON-SEA SS3 9YS ENGLAND
Accountants
SilverstoneBKS Limited 127 Raphael Drive Shoeburyness Southend on Sea Essex SS3 9UR
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Jaytrackventures Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,104 
890 
Current assets
Debtors
22,531 
24,028 
Cash at bank and in hand
4,464 
7,992 
26,995 
32,020 
Creditors: amounts falling due within one year
(19,007)
(30,451)
Net current assets
7,988 
1,569 
Net assets
10,092 
2,459 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
10,089 
2,456 
Shareholders' funds
10,092 
2,459 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 April 2024 and were signed on its behalf by
Mr Ogba James Ogbimi Director Company Registration No. 12524263
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Jaytrackventures Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Jaytrackventures Limited is a private company, limited by shares, registered in England and Wales, registration number 12524263. The registered office is 24B FRASER CLOSE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9YS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,187 
Additions
1,793 
At 31 March 2024
2,980 
Depreciation
At 1 April 2023
297 
Charge for the year
579 
At 31 March 2024
876 
Net book value
At 31 March 2024
2,104 
At 31 March 2023
890 
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Jaytrackventures Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,531 
24,028 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,430 
- 
Taxes and social security
11,634 
10,004 
Loans from directors
5,287 
19,872 
Accruals
656 
575 
19,007 
30,451 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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