JAYKISHAN LIMITED

Company Registration Number:
07264707 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

JAYKISHAN LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

JAYKISHAN LIMITED

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

supermarket/local shop



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Bhavesh Parekh
Jayeshkumar Parekh


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 February 2025

And signed on behalf of the board by:
Name: Jayeshkumar Parekh
Status: Director

JAYKISHAN LIMITED

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 1,867,914 1,974,207
Cost of sales: ( 1,349,268 ) ( 1,464,574 )
Gross profit(or loss): 518,646 509,633
Administrative expenses: ( 485,931 ) ( 466,050 )
Operating profit(or loss): 32,715 43,583
Interest payable and similar charges: ( 8,350 ) ( 8,521 )
Profit(or loss) before tax: 24,365 35,062
Tax: ( 7,868 )
Profit(or loss) for the financial year: 16,497 35,062

JAYKISHAN LIMITED

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 167,468 193,196
Investments: 4 161 161
Total fixed assets: 167,629 193,357
Current assets
Stocks: 5 237,259 132,225
Debtors: 6 16,016 90,818
Cash at bank and in hand: 1,000 21,304
Total current assets: 254,275 244,347
Creditors: amounts falling due within one year: 7 ( 278,244 ) ( 300,541 )
Net current assets (liabilities): (23,969) (56,194)
Total assets less current liabilities: 143,660 137,163
Total net assets (liabilities): 143,660 137,163
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 143,560 137,063
Total Shareholders' funds: 143,660 137,163

The notes form part of these financial statements

JAYKISHAN LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 February 2025
and signed on behalf of the board by:

Name: Jayeshkumar Parekh
Status: Director

The notes form part of these financial statements

JAYKISHAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JAYKISHAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 29 29

JAYKISHAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 155,587 50,433 101,842 307,862
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 155,587 50,433 101,842 307,862
Depreciation
At 1 June 2023 86,076 7,704 20,886 114,666
Charge for year 6,951 10,682 8,095 25,728
On disposals
Other adjustments
At 31 May 2024 93,027 18,386 28,981 140,394
Net book value
At 31 May 2024 62,560 32,047 72,861 167,468
At 31 May 2023 69,511 42,729 80,956 193,196

JAYKISHAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Fixed assets investments note

Furniture, Fittings & Equipment - 10% reducing balance Motor Vehicle - 10% reducing balance

JAYKISHAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Stocks

2024 2023
£ £
Stocks 237,259 132,225
Total 237,259 132,225

JAYKISHAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Debtors

2024 2023
£ £
Trade debtors 11,016 85,818
Other debtors 5,000 5,000
Total 16,016 90,818

JAYKISHAN LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 171,353 172,146
Amounts due under finance leases and hire purchase contracts 62,837 82,292
Trade creditors 21,077 38,968
Taxation and social security 9,577 3,635
Accruals and deferred income 3,500 3,500
Other creditors 9,900
Total 278,244 300,541