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REGISTERED NUMBER: 09043607 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

JACK NATHAN LIMITED

JACK NATHAN LIMITED (REGISTERED NUMBER: 09043607)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JACK NATHAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: M S Jamaluddin
A H Jamaluddin
T Y Khyra





REGISTERED OFFICE: 77 Milson Rd
West Kensington
London
W14 0LH





REGISTERED NUMBER: 09043607 (England and Wales)





ACCOUNTANTS: Murugesu Associates
Accountants
77 Milson Road
West Kensington
London
W14 0LH

JACK NATHAN LIMITED (REGISTERED NUMBER: 09043607)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Right - Of - Use Assets 4 162,434 185,538
Tangible assets 5 84,279 103,396
246,713 288,934

CURRENT ASSETS
Stocks 58,244 62,318
Debtors 6 13,849 14,255
Cash at bank and in hand 14,704 34,066
86,797 110,639
CREDITORS
Amounts falling due within one year 7 57,540 50,589
NET CURRENT ASSETS 29,257 60,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,970

348,984

CREDITORS
Amounts falling due after more than one year 8 1,821,788 1,651,153
NET LIABILITIES (1,545,818 ) (1,302,169 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (1,545,918 ) (1,302,269 )
SHAREHOLDERS' FUNDS (1,545,818 ) (1,302,169 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by:





M S Jamaluddin - Director


JACK NATHAN LIMITED (REGISTERED NUMBER: 09043607)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Jack Nathan 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Right-of-use assets
ROU assets are initially measured at cost. After initial recognition, ROU assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

ROU assets are being amortised evenly over their useful life of 5 to 20 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 3 (2023 - 4 ) .

JACK NATHAN LIMITED (REGISTERED NUMBER: 09043607)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. RIGHT - OF - USE ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 277,954
AMORTISATION
At 1 July 2023 92,416
Charge for year 23,104
At 30 June 2024 115,520
NET BOOK VALUE
At 30 June 2024 162,434
At 30 June 2023 185,538

Cost or valuation at 30 June 2024 is represented by:

Other
intangible
assets
£   
Valuation in 2024 277,954

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 114,682 95,090 13,198 863 223,833
Additions - 388 - 839 1,227
Disposals - (14,465 ) - - (14,465 )
At 30 June 2024 114,682 81,013 13,198 1,702 210,595
DEPRECIATION
At 1 July 2023 82,217 27,862 9,947 411 120,437
Charge for year 6,554 696 2,632 154 10,036
Eliminated on disposal - (4,157 ) - - (4,157 )
At 30 June 2024 88,771 24,401 12,579 565 126,316
NET BOOK VALUE
At 30 June 2024 25,911 56,612 619 1,137 84,279
At 30 June 2023 32,465 67,228 3,251 452 103,396

JACK NATHAN LIMITED (REGISTERED NUMBER: 09043607)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,387 1,416
VAT 75 3,292
Prepayments 1,445 6,124
Deferred tax asset 3,942 3,423
13,849 14,255

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,045 -
Social security and other taxes 3,171 4,867
Pension creditor 204 204
Other creditors 22,146 17,826
Accrued expenses 7,318 7,318
Lease liability 21,656 20,374
57,540 50,589

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other loans - 2-5 years 1,660,264 1,467,973
Finance leases 161,524 183,180
1,821,788 1,651,153

Amounts falling due in more than five years:

Repayable by instalments
Finance leases 161,524 183,180

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 July 2023 (1,302,269 )
Deficit for the year (243,649 )
At 30 June 2024 (1,545,918 )