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REGISTERED NUMBER: 06483461 (England and Wales)










JSD TRADING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






JSD TRADING LIMITED (REGISTERED NUMBER: 06483461)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JSD TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr J S Dosanjh





SECRETARY: Mrs C Rani





REGISTERED OFFICE: Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB





REGISTERED NUMBER: 06483461 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

JSD TRADING LIMITED (REGISTERED NUMBER: 06483461)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 20,175 24,157

CURRENT ASSETS
Stocks 652,978 905,000
Debtors 5 789,117 596,537
Cash at bank and in hand 195,012 134,784
1,637,107 1,636,321
CREDITORS
Amounts falling due within one year 6 (309,666 ) (369,749 )
NET CURRENT ASSETS 1,327,441 1,266,572
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,347,616

1,290,729

CREDITORS
Amounts falling due after more than one
year

7

(524,532

)

(467,770

)
NET ASSETS 823,084 822,959

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 822,984 822,859
SHAREHOLDERS' FUNDS 823,084 822,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

JSD TRADING LIMITED (REGISTERED NUMBER: 06483461)

BALANCE SHEET - continued
31 JANUARY 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 30 January 2025 and were signed by:





Mr J S Dosanjh - Director


JSD TRADING LIMITED (REGISTERED NUMBER: 06483461)

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

1. STATUTORY INFORMATION

JSD Trading 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.

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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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 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 9 (2023 - 10 ) .

JSD TRADING LIMITED (REGISTERED NUMBER: 06483461)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 57,995 12,421 70,416
DEPRECIATION
At 1 February 2023 37,420 8,839 46,259
Charge for year 3,086 896 3,982
At 31 January 2024 40,506 9,735 50,241
NET BOOK VALUE
At 31 January 2024 17,489 2,686 20,175
At 31 January 2023 20,575 3,582 24,157

5. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
CR Homes Ltd 242,022 236,022
Quantari Group Ltd 5,818 5,818
247,840 241,840

Amounts falling due after more than one year:
Trade debtors 530,777 344,197
Other debtors 10,500 10,500
541,277 354,697

Aggregate amounts 789,117 596,537

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts (see note 8) 26,994 24,430
Trade creditors 24,182 13,670
Tax 8,244 42,817
Social security and other taxes 12,348 3,610
Pension 137 123
VAT 189,252 247,107
Directors' current accounts 36,804 32,287
Accrued expenses 11,705 5,705
309,666 369,749

JSD TRADING LIMITED (REGISTERED NUMBER: 06483461)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other creditors 115,814 130,269
Funding circle 408,718 337,501
524,532 467,770

8. LOANS

An analysis of the maturity of loans is given below:

31.1.24 31.1.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 26,994 24,430

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Mr J S Dosanjh
Balance outstanding at start of year - -
Amounts advanced 664,539 -
Amounts repaid (663,177 ) -
Amounts written off - -
Amounts waived (1,362 ) -
Balance outstanding at end of year - -

Included within the other creditors , the amount owed to director is £36,804.98 (2022: £32,286). The loans are interest free and with no fixed date of repayment.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J S Dosanjh.