2023-08-012024-07-312024-07-31false04214037JAY'S INVESTMENT LTD2024-10-2968209falseiso4217:GBPxbrli:pure042140372023-08-01042140372024-07-31042140372023-08-012024-07-31042140372022-08-01042140372023-07-31042140372022-08-012023-07-3104214037bus:SmallEntities2023-08-012024-07-3104214037bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3104214037bus:FullAccounts2023-08-012024-07-3104214037bus:PrivateLimitedCompanyLtd2023-08-012024-07-3104214037core:WithinOneYear2024-07-3104214037core:AfterOneYear2024-07-3104214037core:WithinOneYear2023-07-3104214037core:AfterOneYear2023-07-3104214037core:ShareCapital2024-07-3104214037core:SharePremium2024-07-3104214037core:RevaluationReserve2024-07-3104214037core:OtherReservesSubtotal2024-07-3104214037core:RetainedEarningsAccumulatedLosses2024-07-3104214037core:ShareCapital2023-07-3104214037core:SharePremium2023-07-3104214037core:RevaluationReserve2023-07-3104214037core:OtherReservesSubtotal2023-07-3104214037core:RetainedEarningsAccumulatedLosses2023-07-3104214037core:LandBuildings2024-07-3104214037core:PlantMachinery2024-07-3104214037core:Vehicles2024-07-3104214037core:FurnitureFittings2024-07-3104214037core:OfficeEquipment2024-07-3104214037core:NetGoodwill2024-07-3104214037core:IntangibleAssetsOtherThanGoodwill2024-07-3104214037core:ListedExchangeTraded2024-07-3104214037core:UnlistedNon-exchangeTraded2024-07-3104214037core:LandBuildings2023-07-3104214037core:PlantMachinery2023-07-3104214037core:Vehicles2023-07-3104214037core:FurnitureFittings2023-07-3104214037core:OfficeEquipment2023-07-3104214037core:NetGoodwill2023-07-3104214037core:IntangibleAssetsOtherThanGoodwill2023-07-3104214037core:ListedExchangeTraded2023-07-3104214037core:UnlistedNon-exchangeTraded2023-07-3104214037core:LandBuildings2023-08-012024-07-3104214037core:PlantMachinery2023-08-012024-07-3104214037core:Vehicles2023-08-012024-07-3104214037core:FurnitureFittings2023-08-012024-07-3104214037core:OfficeEquipment2023-08-012024-07-3104214037core:NetGoodwill2023-08-012024-07-3104214037core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3104214037core:ListedExchangeTraded2023-08-012024-07-3104214037core:UnlistedNon-exchangeTraded2023-08-012024-07-3104214037core:MoreThanFiveYears2023-08-012024-07-3104214037core:Non-currentFinancialInstruments2024-07-3104214037core:Non-currentFinancialInstruments2023-07-3104214037dpl:CostSales2023-08-012024-07-3104214037dpl:DistributionCosts2023-08-012024-07-3104214037core:LandBuildings2023-08-012024-07-3104214037core:PlantMachinery2023-08-012024-07-3104214037core:Vehicles2023-08-012024-07-3104214037core:FurnitureFittings2023-08-012024-07-3104214037core:OfficeEquipment2023-08-012024-07-3104214037dpl:AdministrativeExpenses2023-08-012024-07-3104214037core:NetGoodwill2023-08-012024-07-3104214037core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3104214037dpl:GroupUndertakings2023-08-012024-07-3104214037dpl:ParticipatingInterests2023-08-012024-07-3104214037dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3104214037core:ListedExchangeTraded2023-08-012024-07-3104214037dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3104214037core:UnlistedNon-exchangeTraded2023-08-012024-07-3104214037dpl:CostSales2022-08-012023-07-3104214037dpl:DistributionCosts2022-08-012023-07-3104214037core:LandBuildings2022-08-012023-07-3104214037core:PlantMachinery2022-08-012023-07-3104214037core:Vehicles2022-08-012023-07-3104214037core:FurnitureFittings2022-08-012023-07-3104214037core:OfficeEquipment2022-08-012023-07-3104214037dpl:AdministrativeExpenses2022-08-012023-07-3104214037core:NetGoodwill2022-08-012023-07-3104214037core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3104214037dpl:GroupUndertakings2022-08-012023-07-3104214037dpl:ParticipatingInterests2022-08-012023-07-3104214037dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3104214037core:ListedExchangeTraded2022-08-012023-07-3104214037dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3104214037core:UnlistedNon-exchangeTraded2022-08-012023-07-3104214037core:NetGoodwill2024-07-3104214037core:IntangibleAssetsOtherThanGoodwill2024-07-3104214037core:LandBuildings2024-07-3104214037core:PlantMachinery2024-07-3104214037core:Vehicles2024-07-3104214037core:FurnitureFittings2024-07-3104214037core:OfficeEquipment2024-07-3104214037core:AfterOneYear2024-07-3104214037core:WithinOneYear2024-07-3104214037core:ListedExchangeTraded2024-07-3104214037core:UnlistedNon-exchangeTraded2024-07-3104214037core:ShareCapital2024-07-3104214037core:SharePremium2024-07-3104214037core:RevaluationReserve2024-07-3104214037core:OtherReservesSubtotal2024-07-3104214037core:RetainedEarningsAccumulatedLosses2024-07-3104214037core:NetGoodwill2023-07-3104214037core:IntangibleAssetsOtherThanGoodwill2023-07-3104214037core:LandBuildings2023-07-3104214037core:PlantMachinery2023-07-3104214037core:Vehicles2023-07-3104214037core:FurnitureFittings2023-07-3104214037core:OfficeEquipment2023-07-3104214037core:AfterOneYear2023-07-3104214037core:WithinOneYear2023-07-3104214037core:ListedExchangeTraded2023-07-3104214037core:UnlistedNon-exchangeTraded2023-07-3104214037core:ShareCapital2023-07-3104214037core:SharePremium2023-07-3104214037core:RevaluationReserve2023-07-3104214037core:OtherReservesSubtotal2023-07-3104214037core:RetainedEarningsAccumulatedLosses2023-07-3104214037core:NetGoodwill2022-08-0104214037core:IntangibleAssetsOtherThanGoodwill2022-08-0104214037core:LandBuildings2022-08-0104214037core:PlantMachinery2022-08-0104214037core:Vehicles2022-08-0104214037core:FurnitureFittings2022-08-0104214037core:OfficeEquipment2022-08-0104214037core:AfterOneYear2022-08-0104214037core:WithinOneYear2022-08-0104214037core:ListedExchangeTraded2022-08-0104214037core:UnlistedNon-exchangeTraded2022-08-0104214037core:ShareCapital2022-08-0104214037core:SharePremium2022-08-0104214037core:RevaluationReserve2022-08-0104214037core:OtherReservesSubtotal2022-08-0104214037core:RetainedEarningsAccumulatedLosses2022-08-0104214037core:AfterOneYear2023-08-012024-07-3104214037core:WithinOneYear2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:CostValuation2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3104214037core:Non-currentFinancialInstrumentscore:CostValuation2024-07-3104214037core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-07-3104214037core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3104214037core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3104214037core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3104214037core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3104214037core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3104214037core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3104214037core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3104214037core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3104214037core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3104214037bus:Director12023-08-012024-07-3104214037core:FurnitureFittingsToolsEquipment2023-07-3104214037core:FurnitureFittingsToolsEquipment2024-07-3104214037core:FurnitureFittingsToolsEquipment2023-08-012024-07-31

JAY'S INVESTMENT LTD

Registered Number
04214037
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

JAY'S INVESTMENT LTD
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

Cihan Ayvaz

Registered Address

293 Green Lanes
Palmers Green
N13 4XS

Registered Number

04214037 (England and Wales)
JAY'S INVESTMENT LTD
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets39,57212,762
Investment property4900,0001,400,000
909,5721,412,762
Current assets
Debtors29,589-
Cash at bank and on hand29,5426,894
59,1316,894
Creditors amounts falling due within one year5(25,804)(101,962)
Net current assets (liabilities)33,327(95,068)
Total assets less current liabilities942,8991,317,694
Creditors amounts falling due after one year6-(75,206)
Provisions for liabilities7(120,168)(120,168)
Net assets822,7311,122,320
Capital and reserves
Called up share capital100100
Revaluation reserve341,340341,340
Profit and loss account481,291780,880
Shareholders' funds822,7311,122,320
The financial statements were approved and authorised for issue by the Director on 29 October 2024, and are signed on its behalf by:
Cihan Ayvaz
Director
Registered Company No. 04214037
JAY'S INVESTMENT LTD
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognized in profit or loss.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Total

£££
Cost or valuation
At 01 August 236,640115,652122,292
At 31 July 246,640115,652122,292
Depreciation and impairment
At 01 August 235,490104,040109,530
Charge for year2872,9033,190
At 31 July 245,777106,943112,720
Net book value
At 31 July 248638,7099,572
At 31 July 231,15011,61212,762
4.Investment property

£
Fair value at 01 August 231,400,000
Disposals(800,000)
Fair value adjustments300,000
At 31 July 24900,000
5.Creditors: amounts due within one year

2024

2023

££
Other creditors22,304100,462
Accrued liabilities and deferred income3,5001,500
Total25,804101,962
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts-75,206
Total-75,206
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)120,168120,168
Total120,168120,168