Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302false2023-05-01falseInvestment property2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13315653 2023-05-01 2024-04-30 13315653 2022-05-01 2023-04-30 13315653 2024-04-30 13315653 2023-04-30 13315653 c:Director1 2023-05-01 2024-04-30 13315653 c:Director2 2023-05-01 2024-04-30 13315653 d:Buildings 2023-05-01 2024-04-30 13315653 d:Buildings 2024-04-30 13315653 d:Buildings 2023-04-30 13315653 d:Buildings d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 13315653 d:LandBuildings 2024-04-30 13315653 d:FurnitureFittings 2023-05-01 2024-04-30 13315653 d:FurnitureFittings 2024-04-30 13315653 d:FurnitureFittings 2023-04-30 13315653 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 13315653 d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 13315653 d:CurrentFinancialInstruments 2024-04-30 13315653 d:CurrentFinancialInstruments 2023-04-30 13315653 d:Non-currentFinancialInstruments 2024-04-30 13315653 d:Non-currentFinancialInstruments 2023-04-30 13315653 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13315653 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13315653 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 13315653 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 13315653 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 13315653 d:ShareCapital 2024-04-30 13315653 d:ShareCapital 2023-04-30 13315653 d:RetainedEarningsAccumulatedLosses 2024-04-30 13315653 d:RetainedEarningsAccumulatedLosses 2023-04-30 13315653 c:FRS102 2023-05-01 2024-04-30 13315653 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13315653 c:FullAccounts 2023-05-01 2024-04-30 13315653 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13315653 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-04-30 13315653 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-04-30 13315653 d:LeasedAssetsHeldAsLessee 2024-04-30 13315653 d:LeasedAssetsHeldAsLessee 2023-04-30 13315653 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 13315653









JUSHAH LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
JUSHAH LTD
REGISTERED NUMBER: 13315653

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
502,409
510,975

  
502,409
510,975

Current assets
  

Cash at bank and in hand
 5 
10,685
4,883

  
10,685
4,883

Creditors: amounts falling due within one year
 6 
(185,966)
(191,049)

Net current liabilities
  
 
 
(175,281)
 
 
(186,166)

Total assets less current liabilities
  
327,128
324,809

Creditors: amounts falling due after more than one year
 7 
(349,009)
(349,009)

  

Net liabilities
  
(21,881)
(24,200)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(21,883)
(24,202)

  
(21,881)
(24,200)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


Page 1

 
JUSHAH LTD
REGISTERED NUMBER: 13315653
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024



Shah Daraj Ali
Jushna Begum
Director
Director


Date: 23 January 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
JUSHAH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The entity is a Limited Liability Company. It was incorporated on 6 April 2021 and is a investment property company.
The registered address is:
261 Westrow Drive
Barking
IG11 9BU

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

Page 3

 
JUSHAH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
JUSHAH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
Fixtures and fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
2

Page 5

 
JUSHAH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Freehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 May 2023
486,339
34,136
520,475



At 30 April 2024

486,339
34,136
520,475



Depreciation


At 1 May 2023
-
9,500
9,500


Charge for the year on financed assets
-
8,566
8,566



At 30 April 2024

-
18,066
18,066



Net book value



At 30 April 2024
486,339
16,070
502,409




The net book value of land and buildings may be further analysed as follows:


2024
£

Freehold
486,339

486,339


The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Furniture, fittings and equipment
16,070
24,636

16,070
24,636

Page 6

 
JUSHAH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
10,685

10,685



6.


Creditors: Amounts falling due within one year

As restated
2024
2023
£
£

Obligations under finance lease and hire purchase contracts
19,335
26,408

Other creditors
166,631
164,641

185,966
191,049



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
349,009
349,009

349,009
349,009


The following liabilities were secured:

2024
2023
£
£



Bank loans
349,009
349,009

349,009
349,009

Details of security provided:

The bank loan of £349,009 has been secured on the freehold property owned by the company via a fixed charge.

Page 7

 
JUSHAH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
£




Amounts falling due after more than 5 years

Bank loans
349,009

349,009

349,009


 
Page 8