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Company Registration No. 11543370 (England and Wales)
Julebox Uk Ltd Unaudited accounts for the year ended 31 July 2023
Julebox Uk Ltd Unaudited accounts Contents
Page
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Julebox Uk Ltd Company Information for the year ended 31 July 2023
Director
Vikramjeet Singh Landa
Company Number
11543370 (England and Wales)
Registered Office
Unit 1 The Clocktower Park Road, Bestwood Village Nottingham Nottinghamshire NG6 8TQ England
Accountants
Net Accountancy Solutions Limited 35 Gripps Common Cotgrave Nottingham Nottinghamshire NG12 3TF
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Julebox Uk Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
3,100 
Current assets
Inventories
10,899 
6,799 
Debtors
1,216 
1,240 
Cash at bank and in hand
1,816 
24,391 
13,931 
32,430 
Creditors: amounts falling due within one year
(54,169)
(63,831)
Net current liabilities
(40,238)
(31,401)
Total assets less current liabilities
(40,238)
(28,301)
Creditors: amounts falling due after more than one year
(20,078)
(29,965)
Net liabilities
(60,316)
(58,266)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(60,416)
(58,366)
Shareholders' funds
(60,316)
(58,266)
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 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 23 April 0202 and were signed on its behalf by
Vikramjeet Singh Landa Director Company Registration No. 11543370
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Julebox Uk Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Julebox Uk Ltd is a private company, limited by shares, registered in England and Wales, registration number 11543370. The registered office is Unit 1, The Clocktower, Park Road, Bestwood Village, Nottingham, Nottinghamshire, NG6 8TQ, 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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.
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
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Going concern
These financial statements have been prepared on the going concern basis on the understanding that the director will continue to support the company financially for the foreseeable future.
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Julebox Uk Ltd Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
4,800 
Disposals
(4,800)
At 31 July 2023
- 
Depreciation
At 1 August 2022
1,700 
On disposals
(1,700)
At 31 July 2023
- 
Net book value
At 31 July 2023
- 
At 31 July 2022
3,100 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,137 
992 
Accrued income and prepayments
- 
248 
Other debtors
79 
- 
1,216 
1,240 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,744 
9,608 
Trade creditors
- 
1,016 
Other creditors
46,353 
53,207 
Loans from directors
(1,928)
- 
54,169 
63,831 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,078 
29,965 
8
Transactions with related parties
A £6,117 loan from the company to Premeum International Limited, a company under common control, was written off in this period and is included in sundries. Premeum International Limited has ceased trading and is in the process of being struck off.
9
Controlling party
Julebox Uk Ltd is the wholly owned subsidiary of PAAL Holdings Limited whose registered office is The Clocktower, Park Road, Bestwood Village, Nottingham, NG6 8TQ.
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Julebox Uk Ltd Notes to the Accounts for the year ended 31 July 2023
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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