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REGISTERED NUMBER: 15035393 (England and Wales)















Financial Statements for the Period 28th July 2023 to 31st July 2024

for

JGB UPPAL HOLDINGS LTD

JGB UPPAL HOLDINGS LTD (Registered number: 15035393)

Contents of the Financial Statements
for the Period 28th July 2023 to 31st July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JGB UPPAL HOLDINGS LTD

Company Information
for the Period 28th July 2023 to 31st July 2024







DIRECTOR: MRS H K UPPAL





SECRETARY:





REGISTERED OFFICE: 78-80 WINDMILL AVENUE
REDNAL
BIRMINGHAM
West Midlands
B45 9TA





REGISTERED NUMBER: 15035393 (England and Wales)





ACCOUNTANT: A K & Co Accountants
732 Walsall Road
Great Barr
Birmingham
West Midlands
B42 1EX

JGB UPPAL HOLDINGS LTD (Registered number: 15035393)

Balance Sheet
31st July 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 285,000
Tangible assets 5 35,615
320,615

CURRENT ASSETS
Stocks 6 15,778
Debtors 7 8,924
Cash at bank and in hand 56,537
81,239
CREDITORS
Amounts falling due within one year 8 391,075
NET CURRENT LIABILITIES (309,836 )
TOTAL ASSETS LESS CURRENT LIABILITIES 10,779

CAPITAL AND RESERVES
Called up share capital 9 1
Retained earnings 10 10,778
SHAREHOLDERS' FUNDS 10,779

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

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

The director acknowledges her 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.

JGB UPPAL HOLDINGS LTD (Registered number: 15035393)

Balance Sheet - continued
31st July 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 15th November 2024 and were signed by:





MRS H K UPPAL - Director


JGB UPPAL HOLDINGS LTD (Registered number: 15035393)

Notes to the Financial Statements
for the Period 28th July 2023 to 31st July 2024


1. STATUTORY INFORMATION

JGB UPPAL HOLDINGS LTD 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Fixture and Fittings at 15& ps on reducing balance

Computers 15% pa on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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.


JGB UPPAL HOLDINGS LTD (Registered number: 15035393)

Notes to the Financial Statements - continued
for the Period 28th July 2023 to 31st July 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 285,000
At 31st July 2024 285,000
NET BOOK VALUE
At 31st July 2024 285,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 35,400 6,500 41,900
At 31st July 2024 35,400 6,500 41,900
DEPRECIATION
Charge for period 5,310 975 6,285
At 31st July 2024 5,310 975 6,285
NET BOOK VALUE
At 31st July 2024 30,090 5,525 35,615

JGB UPPAL HOLDINGS LTD (Registered number: 15035393)

Notes to the Financial Statements - continued
for the Period 28th July 2023 to 31st July 2024


6. STOCKS
£   
Stocks 15,778

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 4,055
Rent in advance 4,869
8,924

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 8,099
Tax 2,677
Social security and other taxes 7,713
Directors' current accounts 371,136
Accrued expenses 1,450
391,075

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 ORDINARY SHARE CAPITAL £1 1

1 ORDINARY SHARE CAPITAL share of £1 was allotted and fully paid for cash at par during the period.

10. RESERVES
Retained
earnings
£   

Profit for the period 10,778
At 31st July 2024 10,778