Company Registration No. 13706186 (England and Wales)
JAY VERAI LIMITED
Unaudited accounts
for the year ended 31 December 2024
JAY VERAI LIMITED
Unaudited accounts
Contents
JAY VERAI LIMITED
Company Information
for the year ended 31 December 2024
Director
Jaiminkumar Dineshbhai Patel
Company Number
13706186 (England and Wales)
Registered Office
73 GROSVENOR ROAD
ROMFORD
ESSEX
RM7 0QU
UNITED KINGDOM
JAY VERAI LIMITED
Statement of financial position
as at 31 December 2024
Intangible assets
21,000
21,000
Tangible assets
1,235
1,544
Cash at bank and in hand
6,009
11,582
Creditors: amounts falling due within one year
(54,955)
(64,826)
Net current liabilities
(17,591)
(23,914)
Net assets/(liabilities)
4,644
(1,370)
Profit and loss account
4,634
(1,380)
Shareholders' funds
4,644
(1,370)
For the year ending 31 December 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 23 April 2025 and were signed on its behalf by
Jaiminkumar Dineshbhai Patel
Director
Company Registration No. 13706186
JAY VERAI LIMITED
Notes to the Accounts
for the year ended 31 December 2024
JAY VERAI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13706186. The registered office is 73 GROSVENOR ROAD, ROMFORD, ESSEX, RM7 0QU, 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.
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023.
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.
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:
Fixtures & fittings
20% reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2024
21,000
At 31 December 2024
21,000
At 31 December 2023
21,000
JAY VERAI LIMITED
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,919
1,227
Taxes and social security
891
31
Loans from directors
45,877
58,408
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).