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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
Page
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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
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ST.JAMES' NEWS LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
17,500 
Tangible assets
774 
1,446 
774 
18,946 
Current assets
Inventories
- 
58,786 
Debtors
220,479 
185,790 
Cash at bank and in hand
(20,494)
118,291 
199,985 
362,867 
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 
Capital and reserves
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
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ST.JAMES' NEWS LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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 
£ 
Cost
At 1 October 2023
125,000 
At 30 September 2024
125,000 
Amortisation
At 1 October 2023
107,500 
Charge for the year
17,500 
At 30 September 2024
125,000 
Net book value
At 30 September 2024
- 
At 30 September 2023
17,500 
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ST.JAMES' NEWS LIMITED Notes to the Accounts for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
6,725 
At 30 September 2024
6,725 
Depreciation
At 1 October 2023
5,279 
Charge for the year
672 
At 30 September 2024
5,951 
Net book value
At 30 September 2024
774 
At 30 September 2023
1,446 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
535 
- 
Trade debtors
250 
250 
Amounts due from group undertakings etc.
195,694 
161,540 
Other debtors
24,000 
24,000 
220,479 
185,790 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
40,766 
68,890 
VAT
(781)
2,050 
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 
Other creditors
535 
62 
215,830 
272,663 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
65,342 
58,490 
9
Controlling party
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).
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