J P I Warehousing Limited 01311279 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Operation of warehousing and storage facilities for land transport activities Digita Accounts Production Advanced 6.30.9574.0 true Mr Pankaj Meghji Shah true 01311279 2023-04-01 2024-03-31 01311279 2024-03-31 01311279 bus:OrdinaryShareClass1 2024-03-31 01311279 core:RetainedEarningsAccumulatedLosses 2024-03-31 01311279 core:RevaluationReserve 2024-03-31 01311279 core:ShareCapital 2024-03-31 01311279 core:Non-currentFinancialInstruments 2024-03-31 01311279 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 01311279 core:LandBuildings 2024-03-31 01311279 bus:FRS102 2023-04-01 2024-03-31 01311279 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01311279 bus:FullAccounts 2023-04-01 2024-03-31 01311279 bus:RegisteredOffice 2023-04-01 2024-03-31 01311279 bus:Director1 2023-04-01 2024-03-31 01311279 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 01311279 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 01311279 bus:Consolidated 2023-04-01 2024-03-31 01311279 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01311279 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 01311279 core:LandBuildings 2023-04-01 2024-03-31 01311279 core:MotorVehicles 2023-04-01 2024-03-31 01311279 core:PlantMachinery 2023-04-01 2024-03-31 01311279 countries:EnglandWales 2023-04-01 2024-03-31 01311279 2023-03-31 01311279 core:LandBuildings 2023-03-31 01311279 2022-04-01 2023-03-31 01311279 2023-03-31 01311279 bus:OrdinaryShareClass1 2023-03-31 01311279 core:RetainedEarningsAccumulatedLosses 2023-03-31 01311279 core:RevaluationReserve 2023-03-31 01311279 core:ShareCapital 2023-03-31 01311279 core:Non-currentFinancialInstruments 2023-03-31 01311279 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 01311279 core:LandBuildings 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01311279

J P I Warehousing Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

J P I Warehousing Limited

Profit and Loss Account for the Year Ended 31 March 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

J P I Warehousing Limited

(Registration number: 01311279)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

3,620,426

3,620,426

Current assets

 

Cash at bank and in hand

 

1

1

Total assets less current liabilities

 

3,620,427

3,620,427

Creditors: Amounts falling due after more than one year

(410,339)

(410,339)

Provisions for liabilities

(101,173)

(101,173)

Net assets

 

3,108,915

3,108,915

Capital and reserves

 

Called up share capital

5

100

100

Revaluation reserve

1,514,583

1,514,583

Retained earnings

1,594,232

1,594,232

Shareholders' funds

 

3,108,915

3,108,915

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 17 October 2024
 

.........................................
Mr Pankaj Meghji Shah
Director

 

J P I Warehousing Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tower Industrial Estate
Tower Lane
Eastleigh
Hampshire
SO50 6NZ
England

These financial statements were authorised for issue by the director on 17 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

2% per annum straight line

Plant and machinery

20% reducing balance

Furniture, fittings and equipment

33% straight line

Motor vehicle

25% straight line

 

J P I Warehousing Limited

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

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

3,620,426

3,620,426

At 31 March 2024

3,620,426

3,620,426

Depreciation

Carrying amount

At 31 March 2024

3,620,426

3,620,426

At 31 March 2023

3,620,426

3,620,426

Included within the net book value of land and buildings above is £3,620,426 (2023 - £3,620,426) in respect of freehold land and buildings.
 

4

Cash and cash equivalents

2024
£

2023
£

Cash at bank

1

1

 

J P I Warehousing Limited

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

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

       

6

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

410,339

410,339

7

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).