0 01/09/2023 31/08/2024 2024-08-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-09-01 Sage Accounts Production 23.1 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI626058 2023-09-01 2024-08-31 NI626058 2024-08-31 NI626058 2023-08-31 NI626058 2022-09-01 2023-08-31 NI626058 2023-08-31 NI626058 2022-08-31 NI626058 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 NI626058 bus:Director1 2023-09-01 2024-08-31 NI626058 core:WithinOneYear 2024-08-31 NI626058 core:WithinOneYear 2023-08-31 NI626058 core:ShareCapital 2024-08-31 NI626058 core:ShareCapital 2023-08-31 NI626058 core:RetainedEarningsAccumulatedLosses 2024-08-31 NI626058 core:RetainedEarningsAccumulatedLosses 2023-08-31 NI626058 bus:OrdinaryShareClass1 core:ShareCapital 2024-08-31 NI626058 bus:OrdinaryShareClass1 core:ShareCapital 2023-08-31 NI626058 bus:SmallEntities 2023-09-01 2024-08-31 NI626058 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 NI626058 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 NI626058 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 NI626058 bus:AbridgedAccounts 2023-09-01 2024-08-31
Company registration number: NI626058
Jesan Limited
Unaudited filleted abridged financial statements
for the year ended
31 August 2024
Jesan Limited
Abridged statement of financial position
31 August 2024
2024 2023
Note £ £ £ £
Current assets
Stocks 215,534 215,534
_______ _______
215,534 215,534
Creditors: amounts falling due
within one year ( 217,885) ( 217,885)
_______ _______
Net current liabilities ( 2,351) ( 2,351)
_______ _______
Total assets less current liabilities ( 2,351) ( 2,351)
_______ _______
Net liabilities ( 2,351) ( 2,351)
_______ _______
Capital and reserves
Called up share capital 5 2 2
Profit and loss account ( 2,353) ( 2,353)
_______ _______
Shareholders deficit ( 2,351) ( 2,351)
_______ _______
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 13 August 2025 , and are signed on behalf of the board by:
Mr T G Jennings
Director
Company registration number: NI626058
Jesan Limited
Notes to the financial statements
Year ended 31 August 2024
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 57 Drumwhinney Road, Kesh, Enniskillen, Co. Fermanagh, BT93 1SD.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and Comapnies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on a going concern basis under the historical cost convention.The company has availed of the exemption in FRS 102 from the requirement to prepare a Cash Flow Statement because it is classified as a small company.The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements:There are no critical judgements in applying the entity's accounting policies. Key sources of estimation uncertainty:There are no critical accounting estimates and assumptions.
Properties held for resale
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Financial instruments
The company only enters into basic financial instruments transactions that result in recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short term instrument constitute a financing transaction, like the payment of trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an outright short term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank facilities, are initially valued at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest rate method.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: Nil).
5. Called up share capital
Issued, called up and fully paid
2024 2023
No £ No £
Ordinary shares of £ 1.00 each 2 2 2 2
_______ _______ _______ _______