1 September 2023 false No description of principal activity Taxfiler 2024.6 10901991business:PrivateLimitedCompanyLtd2023-09-012024-08-31 109019912023-08-31 109019912023-09-012024-08-31 10901991business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 10901991business:FilletedAccounts2023-09-012024-08-31 109019912024-08-31 109019912023-08-31 10901991core:WithinOneYear2024-08-31 10901991core:WithinOneYear2023-08-31 10901991core:SharePremiumcore:PreviouslyStatedAmount2024-08-31 10901991core:SharePremiumcore:PreviouslyStatedAmount2023-08-31 10901991core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10901991core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10901991core:PreviouslyStatedAmount2024-08-31 10901991core:PreviouslyStatedAmount2023-08-31 10901991business:SmallEntities2023-09-012024-08-31 10901991business:Director12023-09-012024-08-31 10901991countries:EnglandWales2023-09-012024-08-31 10901991business:RegisteredOffice2023-09-012024-08-31 10901991core:FurnitureFittings2023-08-31 10901991core:FurnitureFittings2024-08-31 10901991core:FurnitureFittings2023-09-012024-08-31 109019912022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10901991 (England and Wales)
JAK Trading Ltd Unaudited accounts for the year ended 31 August 2024
JAK Trading Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,285 
15,356 
Current assets
Debtors
13,784 
13,784 
Cash at bank and in hand
30,521 
45,149 
44,305 
58,933 
Creditors: amounts falling due within one year
(51,854)
(67,506)
Net current liabilities
(7,549)
(8,573)
Net assets
4,736 
6,783 
Capital and reserves
Share premium
100 
100 
Profit and loss account
4,636 
6,683 
Shareholders' funds
4,736 
6,783 
For the year ending 31 August 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 14 May 2025 and were signed on its behalf by
Khuram Rafiq Director Company Registration No. 10901991
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JAK Trading Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
JAK Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 10901991. The registered office is 1192 STRATFORD ROAD, HALL GREEN, BIRMINGHAM, B28 8AB, UNITED KINGDOM.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
25,801 
At 31 August 2024
25,801 
Depreciation
At 1 September 2023
10,445 
Charge for the year
3,071 
At 31 August 2024
13,516 
Net book value
At 31 August 2024
12,285 
At 31 August 2023
15,356 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
13,784 
13,784 
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JAK Trading Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
31,040 
33,880 
Taxes and social security
10,341 
13,583 
Loans from directors
8,377 
18,747 
Accruals
2,096 
1,296 
51,854 
67,506 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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