Company Registration No. 09703561 (England and Wales)
JP Euro Trading Ltd
Unaudited accounts
for the year ended 31 July 2023
JP Euro Trading Ltd
Unaudited accounts
Contents
JP Euro Trading Ltd
Company Information
for the year ended 31 July 2023
Company Number
09703561 (England and Wales)
Registered Office
Flat 8
St Edwards Court
London
NW11 7NB
England
Accountants
GWA Accountancy Limited
VT-65, Interchange House
Howard Way
Newport Pagnell
Buckinghamshire
MK16 9PY
JP Euro Trading Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
35,706
26,447
Creditors: amounts falling due within one year
(10,975)
(6,693)
Net current assets
33,105
32,930
Called up share capital
1
1
Profit and loss account
33,804
33,379
Shareholders' funds
33,805
33,380
For the year ending 31 July 2023 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 her 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
Saori Miura
Director
Company Registration No. 09703561
JP Euro Trading Ltd
Notes to the Accounts
for the year ended 31 July 2023
JP Euro Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 09703561. The registered office is Flat 8, St Edwards Court, London, NW11 7NB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
4 years straight line
4
Tangible fixed assets
Computer equipment
JP Euro Trading Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Accrued income and prepayments
801
760
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,393
3,398
Taxes and social security
1,896
1,154
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors current account advance
6,353
13,152
19,505
-
During the period, the short-term loan to the director amounting to £6,353 increased to £19,505. The increased loan balance was settled in full by 31st July 2023 and no further advances were made to the Director until February 2024, after the Director had made loan payments to the company. No interest was payable on this short term loan.
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).