Company Registration No. 07773737 (England and Wales)
ST.JAMES' NEWS LIMITED
Unaudited accounts
for the year ended 30 September 2024
ST.JAMES' NEWS LIMITED
Unaudited accounts
Contents
ST.JAMES' NEWS LIMITED
Company Information
for the year ended 30 September 2024
Directors
Jasvinder Singh RANDHAWA
Parmjeet Kaur Randhawa
Company Number
07773737 (England and Wales)
Registered Office
A J Shah & Co
8 Pinner View
Harrow
Middlesex
HA1 4QA
England
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
ST.JAMES' NEWS LIMITED
Statement of financial position
as at 30 September 2024
Intangible assets
-
17,500
Cash at bank and in hand
(20,494)
118,291
Creditors: amounts falling due within one year
(215,830)
(272,663)
Net current (liabilities)/assets
(15,845)
90,204
Total assets less current liabilities
(15,071)
109,150
Creditors: amounts falling due after more than one year
(65,342)
(58,490)
Net (liabilities)/assets
(80,413)
50,660
Called up share capital
10
10
Profit and loss account
(80,423)
50,650
Shareholders' funds
(80,413)
50,660
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by
Jasvinder Singh RANDHAWA
Director
Company Registration No. 07773737
ST.JAMES' NEWS LIMITED
Notes to the Accounts
for the year ended 30 September 2024
ST.JAMES' NEWS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07773737. The registered office is A J Shah & Co, 8 Pinner View, Harrow, Middlesex, HA1 4QA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% PER YEAR
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation .
Amortisation is at 4% per annum
4
Intangible fixed assets
Goodwill
At 30 September 2024
125,000
Charge for the year
17,500
At 30 September 2024
125,000
At 30 September 2023
17,500
ST.JAMES' NEWS LIMITED
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery
At 30 September 2024
6,725
At 30 September 2024
5,951
At 30 September 2023
1,446
Amounts falling due within one year
Amounts due from group undertakings etc.
195,694
161,540
Other debtors
24,000
24,000
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
40,766
68,890
Trade creditors
113,515
145,704
Amounts owed to group undertakings and other participating interests
46,224
42,971
Taxes and social security
15,571
12,986
8
Creditors: amounts falling due after more than one year
2024
2023
Controling Parties are
Jasvinder Singh Randhawa
Parmjeet Kaur Randhawa
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).