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REGISTERED NUMBER: 02634262 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

JANEGI INVESTMENTS LIMITED

JANEGI INVESTMENTS LIMITED (REGISTERED NUMBER: 02634262)






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


JANEGI INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: R Annamalai





SECRETARY: Mrs M Annamalai





REGISTERED OFFICE: Carlton House
28/29 Carlton Terrace
Portslade
Brighton





REGISTERED NUMBER: 02634262 (England and Wales)





ACCOUNTANTS: Haines & Co
Chartered Accountants
Carlton House
28-29 Carlton Terrace
Portslade
Brighton
BN41 1UR

JANEGI INVESTMENTS LIMITED (REGISTERED NUMBER: 02634262)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 995,186 1,283,915
995,186 1,283,915

CURRENT ASSETS
Debtors 6 870,950 873,950
Cash at bank 3,552 4,990
874,502 878,940
CREDITORS
Amounts falling due within one year 7 228,763 248,457
NET CURRENT ASSETS 645,739 630,483
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,640,925

1,914,398

PROVISIONS FOR LIABILITIES - 72,182
NET ASSETS 1,640,925 1,842,216

CAPITAL AND RESERVES
Called up share capital 800 800
Fair value reserve 8 - 288,729
Retained earnings 1,640,125 1,552,687
1,640,925 1,842,216

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.

JANEGI INVESTMENTS LIMITED (REGISTERED NUMBER: 02634262)

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 1 December 2024 and were signed by:





R Annamalai - Director


JANEGI INVESTMENTS LIMITED (REGISTERED NUMBER: 02634262)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Janegi Investments 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.
Plant and machinery etc - 20% on cost

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

The methods and significant assumptions used to ascertain the fair value at the balance sheet date and the fair value movement included in the profit for the year are as follows:

Properties are value by the directors using a yield basis to identify fair value.

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 2 (2023 - 2 ) .

JANEGI INVESTMENTS LIMITED (REGISTERED NUMBER: 02634262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 90,430
DEPRECIATION
At 1 April 2023
and 31 March 2024 90,430
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,283,915
Revaluations (288,729 )
At 31 March 2024 995,186
NET BOOK VALUE
At 31 March 2024 995,186
At 31 March 2023 1,283,915

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2017 288,729
Valuation in 2024 (288,729 )
Cost 995,186
995,186

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 995,186 995,186

Investment property was valued on an open market basis basis on 18 November 2024 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 870,950 873,950

JANEGI INVESTMENTS LIMITED (REGISTERED NUMBER: 02634262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 300 300
Taxation and social security 4,011 9,795
Other creditors 224,452 238,362
228,763 248,457

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023 288,729
Revaluation (288,729 )

At 31 March 2024 -