Company registration number 13953910 (England and Wales)
JSZ INVESTMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
JSZ INVESTMENT LIMITED
CONTENTS
Page
Accountants' report
1
Statement of financial position
4
Statement of changes in equity
Notes to the financial statements
5 - 6
JSZ INVESTMENT LIMITED
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF JSZ INVESTMENT LIMITED
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JSZ Investment Limited for the year ended 31 March 2024 which comprise the income statement, the statement of financial position, the statement of changes in equity and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the board of directors of JSZ Investment Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of JSZ Investment Limited and state those matters that we have agreed to state to the board of directors of JSZ Investment Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JSZ Investment Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that JSZ Investment Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of JSZ Investment Limited. You consider that JSZ Investment Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JSZ Investment Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MMBA Accountants Ltd
17 October 2024
Chartered Certified Accountants
Unit 7 Navigation Business Village
Navigation Way
Ashton-On-Ribble
Preston
Lancashire
United Kingdom
PR2 2YP
JSZ INVESTMENT LIMITED
INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
Year
Period
ended
ended
31 March
31 March
2024
2023
Notes
£
£
Gross profit
-
-
Administrative expenses
(253)
(253)
Loss before taxation
(253)
(253)
Tax on loss
-
0
-
0
Loss for the financial year
(253)
(253)

The income statement has been prepared on the basis that all operations are continuing operations.

JSZ INVESTMENT LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2024
31 March 2024
- 3 -
2024
2023
Notes
£
£
£
£
Current assets
Cash and cash equivalents
300
300
Current liabilities
(506)
(253)
Net current (liabilities)/assets
(206)
47
Equity
Called up share capital
300
300
Retained earnings
(506)
(253)
Total equity
(206)
47

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

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 17 October 2024 and are signed on its behalf by:
Dr J U Islam
Director
Company registration number 13953910 (England and Wales)
JSZ INVESTMENT LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
Share capital
Retained earnings
Total
Notes
£
£
£
Balance at 4 March 2022
-
0
-
0
-
Period ended 31 March 2023:
Loss and total comprehensive income
-
(253)
(253)
Issue of share capital
300
-
300
Balance at 31 March 2023
300
(253)
47
Year ended 31 March 2024:
Loss and total comprehensive income
-
(253)
(253)
Balance at 31 March 2024
300
(506)
(206)

The notes on pages 5 to 6 form part of these financial statements.

JSZ INVESTMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 5 -
1
Accounting policies
Company information

JSZ Investment Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6 Grand Manor Drive, Lytham St Annes, FY8 4FY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

JSZ INVESTMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 6 -
Basic financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
2024-03-312023-04-01falsefalsetrue17 October 2024CCH SoftwareCCH Accounts Production 2024.310No description of principal activityMs S AminMr J U Islam139539102023-04-012024-03-31139539102024-03-31139539102022-03-042023-03-3113953910core:RetainedEarningsAccumulatedLosses2022-03-042023-03-3113953910core:RetainedEarningsAccumulatedLosses2023-04-012024-03-31139539102023-03-3113953910core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3113953910core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3113953910core:ShareCapital2024-03-3113953910core:ShareCapital2023-03-3113953910core:RetainedEarningsAccumulatedLosses2024-03-3113953910core:RetainedEarningsAccumulatedLosses2023-03-3113953910core:ShareCapital2022-03-0313953910core:RetainedEarningsAccumulatedLosses2022-03-0313953910bus:Director22023-04-012024-03-3113953910core:ShareCapital2022-03-042023-03-3113953910bus:EntityHasNeverTraded2023-04-012024-03-3113953910bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113953910bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113953910bus:FRS1022023-04-012024-03-3113953910bus:AuditExemptWithAccountantsReport2023-04-012024-03-3113953910bus:Director12023-04-012024-03-3113953910bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP