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Company Registration No. 08637023 (England and Wales)
238JG LTD Unaudited accounts for the year ended 31 July 2024
238JG LTD Company Information for the year ended 31 July 2024
Director
Yuk Wang Chung
Company Number
08637023 (England and Wales)
Registered Office
20 Paulmont Rise Temple Cloud BS39 5DT
Accountants
J Wong and Co 4 Massey House 85 Hartfield Road London SW19 3ES
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238JG LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,094 
7,445 
Current assets
Inventories
18,500 
31,000 
Debtors
1,016 
1,274 
Cash at bank and in hand
71,064 
61,903 
90,580 
94,177 
Creditors: amounts falling due within one year
(48,904)
(41,025)
Net current assets
41,676 
53,152 
Net assets
48,770 
60,597 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
48,670 
60,497 
Shareholders' funds
48,770 
60,597 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 17 April 2025 and were signed on its behalf by
Yuk Wang Chung Director Company Registration No. 08637023
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238JG LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
238JG LTD is a private company, limited by shares, registered in England and Wales, registration number 08637023. The registered office is 20 Paulmont Rise , Temple Cloud, BS39 5DT.
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
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
20% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
22,015 
Additions
1,423 
At 31 July 2024
23,438 
Depreciation
At 1 August 2023
14,570 
Charge for the year
1,774 
At 31 July 2024
16,344 
Net book value
At 31 July 2024
7,094 
At 31 July 2023
7,445 
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238JG LTD Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,016 
1,274 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,080 
- 
Taxes and social security
8,297 
22,161 
Loans from directors
35 
50 
Accruals
39,492 
18,814 
48,904 
41,025 
7
Average number of employees
During the year the average number of employees was 8 (2023: 6).
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