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
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
Julebox Uk Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
1,816
24,391
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)
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
Julebox Uk Ltd
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
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 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.
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.
Julebox Uk Ltd
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
-
248
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,744
9,608
Other creditors
46,353
53,207
Loans from directors
(1,928)
-
7
Creditors: amounts falling due after more than one year
2023
2022
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.
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.
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).