HJJ LTD

Company Registration Number:
13172297 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

HJJ LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

HJJ LTD

Company Information

for the Period Ended 31 March 2024




Director: Hetal Manojkumar VAGHELA
Registered office: Costcutter (Lavender Hill Local) 172-172a
Lavender Hill
London
England
SW11 5TG
Company Registration Number: 13172297 (England and Wales)

HJJ LTD

Directors' Report Period Ended 31 March 2024

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

Principal Activities

The company's principal activity during the year continued to be retail sale in non-specialised stores with food, beverages or tobacco predominating

Additional information

Small company provisions: This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 8 November 2024 and signed on its behalf.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Hetal Manojkumar VAGHELA

This report was approved by the board of directors on 8 November 2024
And Signed On Behalf Of The Board By:

Name: Hetal Manojkumar VAGHELA
Status: Director

HJJ LTD

Balance sheet

As at 31 March 2024


Notes

2024
£
13 months to
31 Mar 2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 279,000 92,017
Debtors: 4 1,150 11,118
Cash at bank and in hand: 22,578 2,247
Total current assets: 302,728 105,382
Creditors: amounts falling due within one year: 5 ( 323,737 ) ( 155,735 )
Net current assets (liabilities): ( 21,009 ) ( 50,353 )
Total assets less current liabilities: ( 21,009 ) ( 50,353 )
Total net assets (liabilities): ( 21,009 ) ( 50,353 )

The notes form part of these financial statements

HJJ LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£
13 months to
31 Mar 2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 21,109 ) ( 50,453 )
Shareholders funds: ( 21,009 ) ( 50,353 )

For the year ending 31 March 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 8 November 2024
And Signed On Behalf Of The Board By:

Name: Hetal Manojkumar VAGHELA
Status: Director

The notes form part of these financial statements

HJJ LTD

Notes to the Financial Statements

for the Period Ended 31 March 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

HJJ LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies (continued)

    Other accounting policies

    Stocks: Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. Debtors: Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors: Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation: A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. Leased assets: A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. Pensions: Contributions to defined contribution plans are expensed in the period to which they relate.

HJJ LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024
    13 months to
    31 Mar 2023
    Average number of employees during the period 6 6

HJJ LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

HJJ LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors


2024
£
13 months to
31 Mar 2023
£
Other debtors 1,150 11,118
Total 1,150 11,118

HJJ LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£
13 months to
31 Mar 2023
£
Bank loans and overdrafts 16,607
Trade creditors 41,555
Other creditors 282,182 139,128
Total 323,737 155,735