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REGISTERED NUMBER: 04865662 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Junella 55 Degrees Limited

Junella 55 Degrees Limited (Registered number: 04865662)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Junella 55 Degrees Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: A Tariq





REGISTERED OFFICE: 29 Howard Street
North Shields
Tyne and Wear
NE30 1AR





REGISTERED NUMBER: 04865662 (England and Wales)





ACCOUNTANTS: Essell Accountants Limited
29 Howard Street
North Shields
Tyne and Wear
NE30 1AR

Junella 55 Degrees Limited (Registered number: 04865662)

Balance Sheet
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 527,474 527,474

CURRENT ASSETS
Cash at bank and in hand 10,436 5,752

CREDITORS
Amounts falling due within one year 5 8,635 9,575
NET CURRENT ASSETS/(LIABILITIES) 1,801 (3,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

529,275

523,651

CREDITORS
Amounts falling due after more than one
year

6

511,606

511,429
NET ASSETS 17,669 12,222

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,569 12,122
SHAREHOLDERS' FUNDS 17,669 12,222

Junella 55 Degrees Limited (Registered number: 04865662)

Balance Sheet - continued
31 August 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 May 2025 and were signed by:





A Tariq - Director


Junella 55 Degrees Limited (Registered number: 04865662)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Junella 55 Degrees 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 527,474 2,957 530,431
DEPRECIATION
At 1 September 2023
and 31 August 2024 - 2,957 2,957
NET BOOK VALUE
At 31 August 2024 527,474 - 527,474
At 31 August 2023 527,474 - 527,474

Junella 55 Degrees Limited (Registered number: 04865662)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans and overdrafts 5,187 5,187
Taxation and social security 1,278 1,305
Other creditors 2,170 3,083
8,635 9,575

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/8/24 31/8/23
£    £   
Bank loans 225,606 225,429
Other creditors 286,000 286,000
511,606 511,429

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 225,606 225,429
Other loans more 5yrs non-inst 116,000 116,000
341,606 341,429

7. RELATED PARTY DISCLOSURES



Transactions with Junella Fish Merchants and Catering Services Limited require disclosure under the terms of Financial Reporting Standard 8 ("FRS 8"), Related Party Transactions, as both the Shareholders and the directors are common to both companies. At the year end There was a loan outstanding to Junella Fish Merchants and Catering Services Limited of £116,000.