Company Registration No. 12308748 (England and Wales)
JAI STAIRCASE LTD
Unaudited accounts
for the year ended 30 November 2023
JAI STAIRCASE LTD
Statement of financial position
as at 30 November 2023
Tangible assets
16,363
18,329
Cash at bank and in hand
17,911
28,892
Creditors: amounts falling due within one year
(31,173)
(46,005)
Net current liabilities
(13,262)
(16,081)
Called up share capital
1
1
Profit and loss account
3,100
2,247
Shareholders' funds
3,101
2,248
For the year ending 30 November 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 27 December 2023 and were signed on its behalf by
Sukhvinder Singh Chadha
Director
Company Registration No. 12308748
JAI STAIRCASE LTD
Notes to the Accounts
for the year ended 30 November 2023
JAI STAIRCASE LTD is a private company, limited by shares, registered in England and Wales, registration number 12308748. The registered office is Unit 36, Eruo Space Business Centre, , Birmingham , B9 4TR.
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:
Plant & machinery
33% reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
8,931
14,000
22,931
At 30 November 2023
9,853
14,000
23,853
At 1 December 2022
2,502
2,100
4,602
Charge for the year
1,103
1,785
2,888
At 30 November 2023
3,605
3,885
7,490
At 30 November 2023
6,248
10,115
16,363
At 30 November 2022
6,429
11,900
18,329
Amounts falling due within one year
JAI STAIRCASE LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
1,233
Trade creditors
10,062
10,062
Taxes and social security
-
1,835
Proposed dividends
-
12,000
Loans from directors
18,745
20,000
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).