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REGISTERED NUMBER: 10196855 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Jaal Trading Limited

Jaal Trading Limited (Registered number: 10196855)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jaal Trading Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A S Trivedi





REGISTERED OFFICE: 16 Beaufort Court
Admirals Way
Docklands
London
E14 9XL





REGISTERED NUMBER: 10196855 (England and Wales)





ACCOUNTANTS: RBS Accountants Limited
16 Beaufort Court
Admirals Way
London
Docklands
London
E14 9XL

Jaal Trading Limited (Registered number: 10196855)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,149 49,916
Investments 5 1,895,528 1,520,449
1,930,677 1,570,365

CURRENT ASSETS
Debtors 6 2,309,467 3,037,013
Cash at bank 366,210 485,172
2,675,677 3,522,185
CREDITORS
Amounts falling due within one year 7 4,436,249 4,847,031
NET CURRENT LIABILITIES (1,760,572 ) (1,324,846 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,105

245,519

CREDITORS
Amounts falling due after more than one
year

8

(13,545

)

(23,107

)

PROVISIONS FOR LIABILITIES (31,344 ) -
NET ASSETS 125,216 222,412

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 67,669 (176,582 )
Retained earnings 57,447 398,894
SHAREHOLDERS' FUNDS 125,216 222,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Jaal Trading Limited (Registered number: 10196855)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





A S Trivedi - Director


Jaal Trading Limited (Registered number: 10196855)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Jaal Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Jaal Trading Limited (Registered number: 10196855)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 1,450 65,470 7,702 74,622
Additions - - 3,217 3,217
At 31 March 2024 1,450 65,470 10,919 77,839
DEPRECIATION
At 1 April 2023 1,175 16,368 7,163 24,706
Charge for year 275 16,367 1,342 17,984
At 31 March 2024 1,450 32,735 8,505 42,690
NET BOOK VALUE
At 31 March 2024 - 32,735 2,414 35,149
At 31 March 2023 275 49,102 539 49,916

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 1,520,449
Additions 1,395,715
Disposals (1,378,449 )
Revaluations 357,813
At 31 March 2024 1,895,528
NET BOOK VALUE
At 31 March 2024 1,895,528
At 31 March 2023 1,520,449

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2020 (134,052 )
Valuation in 2021 36,039
Valuation in 2022 (94,843 )
Valuation in 2023 (74,731 )
Valuation in 2024 357,812
Cost 1,805,303
1,895,528

Jaal Trading Limited (Registered number: 10196855)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Current Assets Investments 2,272,264 1,462,664
Amounts owed by group undertakings - 1,439,630
Other debtors 4,250 4,004
Deferred tax asset - 4,715
Prepayments and accrued income 32,953 126,000
2,309,467 3,037,013

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 9,697 9,697
Trade creditors - 1
Amounts owed to group undertakings 4,219,577 4,674,251
Tax 185,431 146,622
Other creditors 19,144 14,144
Accrued expenses 2,400 2,316
4,436,249 4,847,031

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 13,545 23,107