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Company No: 11805015 (England and Wales)

JAYA HOLDINGS LTD

Unaudited Financial Statements
For the financial year ended 31 May 2024
Pages for filing with the registrar

JAYA HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

JAYA HOLDINGS LTD

COMPANY INFORMATION

For the financial year ended 31 May 2024
JAYA HOLDINGS LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 May 2024
DIRECTOR Dipak Kantilal Amlani
REGISTERED OFFICE 108 Rowlands Avenue
Pinner
HA5 4AP
United Kingdom
COMPANY NUMBER 11805015 (England and Wales)
ACCOUNTANT Gravita Essex Limited
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
United Kingdom
JAYA HOLDINGS LTD

BALANCE SHEET

As at 31 May 2024
JAYA HOLDINGS LTD

BALANCE SHEET (continued)

As at 31 May 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 291 388
Investment property 4 1,049,479 1,049,479
1,049,770 1,049,867
Current assets
Debtors 5 920 996
Cash at bank and in hand 90,262 61,022
91,182 62,018
Creditors: amounts falling due within one year 6 ( 1,069,160) ( 1,066,204)
Net current liabilities (977,978) (1,004,186)
Total assets less current liabilities 71,792 45,681
Net assets 71,792 45,681
Capital and reserves
Called-up share capital 10 10
Profit and loss account 71,782 45,671
Total shareholders' funds 71,792 45,681

For the financial year ending 31 May 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Jaya Holdings Ltd (registered number: 11805015) were approved and authorised for issue by the Director on 10 February 2025. They were signed on its behalf by:

Dipak Kantilal Amlani
Director
JAYA HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
JAYA HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jaya Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 108 Rowlands Avenue, Pinner, HA5 4AP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the total rental income received during the year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment 25 % reducing balance
Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 June 2023 920 920
At 31 May 2024 920 920
Accumulated depreciation
At 01 June 2023 532 532
Charge for the financial year 97 97
At 31 May 2024 629 629
Net book value
At 31 May 2024 291 291
At 31 May 2023 388 388

4. Investment property

Investment property
£
Valuation
As at 01 June 2023 1,049,479
As at 31 May 2024 1,049,479

5. Debtors

2024 2023
£ £
Other debtors 920 996

6. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 6,148 4,539
Other creditors 1,063,012 1,061,665
1,069,160 1,066,204