REGISTERED NUMBER: 11735547 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Jala Three Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Patel

SECRETARY:

REGISTERED OFFICE:

72 Wembley Park Drive

Wembley

United Kingdom

HA9 8HB

REGISTERED NUMBER:

11735547 (England and Wales)

ACCOUNTANTS:

KD Associates

72 Wembley Park Drive

Wembley

Middlesex

HA9 8HB

FIXED ASSETS

Tangible assets

4

1,218,954

1,220,178

CURRENT ASSETS

Stocks

79,740

74,680

Debtors

5

192,314

294,440

Cash at bank and in hand

3,318

12,335

275,372

381,455

CREDITORS

Amounts falling due within one year

6

813,256

666,453

NET CURRENT LIABILITIES

(537,884

)

(284,998

)

TOTAL ASSETS LESS CURRENT LIABILITIES

681,070

935,180

CREDITORS

Amounts falling due after more than one year

7

727,693

959,194

NET LIABILITIES

(46,623

)

(24,014

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(46,624

)

(24,015

)

SHAREHOLDERS' FUNDS

(46,623

)

(24,014

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

D Patel - Director

1.	STATUTORY INFORMATION

Jala Three Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

1,058,459

247,204

1,305,663

Additions

-

30,574

30,574

At 31 December 2024

1,058,459

277,778

1,336,237

DEPRECIATION

At 1 January 2024

4,128

81,357

85,485

Charge for year

1,692

30,106

31,798

At 31 December 2024

5,820

111,463

117,283

NET BOOK VALUE

At 31 December 2024

1,052,639

166,315

1,218,954

At 31 December 2023

1,054,331

165,847

1,220,178

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

30,788

65,185

Other debtors

161,526

229,255

192,314

294,440

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

61,718

86,215

Taxation and social security

89,354

98,880

Other creditors

662,184

481,358

813,256

666,453

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

672,262

678,218

Other creditors

55,431

280,976

727,693

959,194