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Company Registration No. 02419130 (England and Wales)
Just Elegant Limited Unaudited accounts for the year ended 31 December 2024
Just Elegant Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Just Elegant Limited Company Information for the year ended 31 December 2024
Directors
Mohammed Ashraf Azra Parveen Ashraf
Company Number
02419130 (England and Wales)
Registered Office
Unit 1 2-4 Bradstone Road Manchester Lancashire M8 8WA England
Accountants
Tally Tax Accountants Ltd 40 Ash Tree Road Oadby Leicester LE2 5YB
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Just Elegant Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
24,704 
28,291 
Current assets
Inventories
129,857 
328,788 
Debtors
5
49,389 
118,479 
Cash at bank and in hand
162,188 
216,805 
341,434 
664,072 
Creditors: amounts falling due within one year
6
(331,328)
(359,684)
Net current assets
10,106 
304,388 
Total assets less current liabilities
34,810 
332,679 
Creditors: amounts falling due after more than one year
7
(4,975)
(15,967)
Net assets
29,835 
316,712 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,735 
316,612 
Shareholders' funds
29,835 
316,712 
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 directors acknowledge their 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 of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by
Mohammed Ashraf Director Company Registration No. 02419130
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Just Elegant Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Just Elegant Limited is a private company, limited by shares, registered in England and Wales, registration number 02419130. The registered office is Unit 1, 2-4 Bradstone Road, Manchester, Lancashire, M8 8WA, England.
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 January 2024
232,194 
Additions
772 
At 31 December 2024
232,966 
Depreciation
At 1 January 2024
203,903 
Charge for the year
4,359 
At 31 December 2024
208,262 
Net book value
At 31 December 2024
24,704 
At 31 December 2023
28,291 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,868 
111,767 
Accrued income and prepayments
7,521 
6,712 
49,389 
118,479 
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Just Elegant Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
58,869 
58,189 
Trade creditors
11,182 
50,445 
Taxes and social security
6,056 
8,194 
Other creditors
63,778 
55,153 
Loans from directors
178,650 
174,753 
Accruals
2,145 
2,302 
331,328 
359,684 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,975 
15,967 
8
Average number of employees
During the year the average number of employees was 19 (2023: 19).
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