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Company Registration No. 8970680 (England and Wales)
Japonica Pride Limited Unaudited accounts for the year ended 31 March 2025
Japonica Pride Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
6,724
9,431
Current assets
Cash at bank and in hand
506
548
Creditors: amounts falling due within one year
5
(16,053)
(13,486)
Net current liabilities
(15,547)
(12,938)
Total assets less current liabilities
(8,823)
(3,507)
Provisions for liabilities
Deferred tax
6
(1,277)
(1,792)
Net liabilities
(10,100)
(5,299)
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
(10,200)
(5,399)
Shareholders' funds
(10,100)
(5,299)
For the year ending 31 March 2025 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 8 October 2025 and were signed on its behalf by
Adrian Wakeman Director Company Registration No. 8970680
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Japonica Pride Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Japonica Pride Limited is a private company, limited by shares, registered in England and Wales, registration number 8970680. The registered office is 7 Middlefield Lane, Newbold-on-Stour, Stratford, Warwickshire, CV37 8TX, UK.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line 3 yrs
Motor vehicles
20% straight line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
1,459
11,970
13,429
At 31 March 2025
1,459
11,970
13,429
Depreciation
At 1 April 2024
426
3,572
3,998
Charge for the year
365
2,342
2,707
At 31 March 2025
791
5,914
6,705
Net book value
At 31 March 2025
668
6,056
6,724
At 31 March 2024
1,033
8,398
9,431
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Japonica Pride Limited Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
249
61
Loans from directors
14,891
12,555
Accruals
913
870
16,053
13,486
6
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
1,277
1,792
2025
2024
£
£
Provision at start of year
1,792
29
(Credited)/charged to the profit and loss account
(515)
1,763
Provision at end of year
1,277
1,792
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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