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REGISTERED NUMBER: 11970400 (England and Wales)

























Unaudited Financial Statements for the Year Ended 30 April 2024

for

Jake Aaron Limited

Jake Aaron Limited (Registered number: 11970400)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jake Aaron Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: J A Scanlan





REGISTERED OFFICE: Unit 12 Malbern Industrial Estate
Greg Street
Reddish
Stockport
Cheshire
SK5 7BU





REGISTERED NUMBER: 11970400 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Jake Aaron Limited (Registered number: 11970400)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,500

CURRENT ASSETS
Stocks 55,000 40,000
Debtors 5 21,560 10,655
Cash at bank 5,873 3,981
82,433 54,636
CREDITORS
Amounts falling due within one year 6 55,559 29,855
NET CURRENT ASSETS 26,874 24,781
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,874

27,281

CREDITORS
Amounts falling due after more than one
year

7

26,668

31,668
NET ASSETS/(LIABILITIES) 206 (4,387 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 205 (4,388 )
SHAREHOLDERS' FUNDS 206 (4,387 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





J A Scanlan - Director


Jake Aaron Limited (Registered number: 11970400)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Jake Aaron 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.

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 £.

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 - 33% on cost and 25% on cost

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 11,151
DEPRECIATION
At 1 May 2023 8,651
Charge for year 2,500
At 30 April 2024 11,151
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 2,500

Jake Aaron Limited (Registered number: 11970400)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 20,437 3,475
Other debtors 1,123 7,180
21,560 10,655

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 16,674 9,524
Taxation and social security 31,785 13,231
Other creditors 2,100 2,100
55,559 29,855

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 26,668 31,668

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,668 11,668

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the financial year end, the company was owed £1,123 (2023 - £7,180) from the director.

9. ULTIMATE CONTROLLING PARTY

The controlling party is J A Scanlan.