JAS ELITE LIMITED

Company Registration Number:
SC797994 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 7 February 2024

End date: 28 February 2025

JAS ELITE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

JAS ELITE LIMITED

Profit And Loss Account

for the Period Ended 28 February 2025

13 months to 28 February 2025


£
Turnover: 3,814,752
Cost of sales: ( 1,947,858 )
Gross profit(or loss): 1,866,894
Distribution costs: ( 857,806 )
Administrative expenses: ( 133,821 )
Operating profit(or loss): 875,267
Profit(or loss) before tax: 875,267
Profit(or loss) for the financial year: 875,267

JAS ELITE LIMITED

Balance sheet

As at 28 February 2025

Notes 13 months to 28 February 2025


£
Fixed assets
Tangible assets: 3 687,452
Total fixed assets: 687,452
Current assets
Stocks: 4 34,585
Debtors: 5 97,425
Cash at bank and in hand: 145,741
Total current assets: 277,751
Net current assets (liabilities): 277,751
Total assets less current liabilities: 965,203
Creditors: amounts falling due after more than one year: 6 ( 10,125 )
Total net assets (liabilities): 955,078
Capital and reserves
Called up share capital: 955,078
Total Shareholders' funds: 955,078

The notes form part of these financial statements

JAS ELITE LIMITED

Balance sheet statements

For the year ending 28 February 2025 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 17 March 2025
and signed on behalf of the board by:

Name: Muhammad Umar
Status: Director

The notes form part of these financial statements

JAS ELITE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

JAS ELITE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    13 months to 28 February 2025
    Average number of employees during the period 7

JAS ELITE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions
Disposals
Revaluations
Transfers 687,452 687,452
At 28 February 2025 687,452 687,452
Depreciation
Charge for year
On disposals
Other adjustments
At 28 February 2025
Net book value
At 28 February 2025 687,452 687,452

JAS ELITE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Stocks

13 months to 28 February 2025
£
Stocks 34,585
Total 34,585

JAS ELITE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Debtors

13 months to 28 February 2025
£
Trade debtors 97,425
Total 97,425

JAS ELITE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

6. Creditors: amounts falling due after more than one year note

13 months to 28 February 2025
£
Other creditors 10,125
Total 10,125