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
Tangible assets
12,285
15,356
Cash at bank and in hand
30,521
45,149
Creditors: amounts falling due within one year
(51,854)
(67,506)
Net current liabilities
(7,549)
(8,573)
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
JAK Trading Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 1 September 2023
25,801
At 1 September 2023
10,445
Amounts falling due within one year
Amounts due from group undertakings etc.
13,784
13,784
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
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).