JNS BROTHERS LIMITED

Company Registration Number:
SC578620 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

JNS BROTHERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

JNS BROTHERS LIMITED

Company Information

for the Period Ended 31 October 2024




Director: joby Pattaikkal
JAIMY MADAN
Naijo Varghese
Shaju varghese
Registered office: Unit 1 Crombie House
Grandholm Crescent
Bridge Of Don
Aberdeen
GB-SCT
AB22 8BD
Company Registration Number: SC578620 (Scotland)

JNS BROTHERS LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

Convenience shop

Political and charitable donations

no

Company policy on the employment of disabled persons

Disabled people will be supported to do shopping and also provide support if they work in the shop

Additional information

no

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
joby Pattaikkal
JAIMY MADAN
Naijo Varghese
Shaju varghese

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: joby Pattaikkal
Status: Director

Name: JAIMY MADAN
Status: Director

Name: Naijo Varghese
Status: Director

Name: Shaju varghese
Status: Director

JNS BROTHERS LIMITED

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Turnover 196,577 192,473
Cost of sales ( 152,899 ) ( 150,762 )
Gross Profit or (Loss) 43,678 41,711
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 3,200 ) ( 2,400 )
Administrative Expenses ( 55,124 ) ( 38,565 )
Other operating income 1,340 3,025
Operating Profit or (Loss) ( 13,306 ) 3,771
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 4,445 ) ( 554 )
Profit or (Loss) Before Tax ( 17,751 ) 3,217
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 17,751 ) 3,217

The notes form part of these financial statements

JNS BROTHERS LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 6,000 6,000
Tangible assets: 5 8,000 5,500
Total fixed assets: 14,000 11,500
Current assets
Stocks: 15,000 18,000
Debtors: 6 0 0
Cash at bank and in hand: 750 500
Total current assets: 15,750 18,500
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 18,865 ) ( 15,905 )
Net current assets (liabilities): ( 3,115 ) 2,595
Total assets less current liabilities: 10,885 14,095
Creditors: amounts falling due after more than one year: 8 ( 6,554 ) ( 6,554 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 4,331 7,541

The notes form part of these financial statements

JNS BROTHERS LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 4,331 7,541
Revaluation reserve: 9 0 0
Profit and loss account: 0 0
Shareholders funds: 4,331 7,541

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: joby Pattaikkal
Status: Director

Name: JAIMY MADAN
Status: Director

Name: Naijo Varghese
Status: Director

Name: Shaju varghese
Status: Director

The notes form part of these financial statements

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Intangible assets

Goodwill Total
Cost £ £
At 01 November 2023 6,000 6,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 6,000 6,000
Amortisation
Amortisation at 01 November 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 October 2024 - -
Net book value
Net book value at 31 October 2024 6,000 6,000
Net book value at 31 October 2023 6,000 6,000

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 November 2023 5,500 - 5,500
Additions 2,500 - 2,500
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 October 2024 8,000 - 8,000
Depreciation
At 01 November 2023 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 31 October 2024 - - -
Net book value
At 31 October 2024 8,000 - 8,000
At 31 October 2023 5,500 - 5,500

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Debtors


2024
£

2023
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 11,540 6,540
Trade creditors 7,325 9,365
Total 18,865 15,905

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 6,554 6,554
Total 6,554 6,554

JNS BROTHERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

9. Revaluation reserve


2024
£
Balance at 01 November 2023 0
Surplus or deficit after revaluation 0
Balance at 31 October 2024 0