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Company Registration No. 08727830 (England and Wales)
Jfl Retail Limited Unaudited accounts for the year ended 31 October 2024
Jfl Retail Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Jfl Retail Limited Company Information for the year ended 31 October 2024
Directors
Mr Rahul Gala Mrs Ruchi Gala
Company Number
08727830 (England and Wales)
Registered Office
Flat 1 Wrens Court 72 Plashet Road London London E13 0RQ England
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Jfl Retail Limited Statement of financial position as at 31 October 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
900
1,800
Current assets
Debtors
5
1,863
21,652
Cash at bank and in hand
575
290
2,438
21,942
Creditors: amounts falling due within one year
6
(790)
(1,382)
Net current assets
1,648
20,560
Total assets less current liabilities
2,548
22,360
Creditors: amounts falling due after more than one year
7
(10,809)
(13,062)
Net (liabilities)/assets
(8,261)
9,298
Capital and reserves
Share premium
100
100
Profit and loss account
(8,361)
9,198
Shareholders' funds
(8,261)
9,298
For the year ending 31 October 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 27 October 2025 and were signed on its behalf by
Mr Rahul Gala Director Company Registration No. 08727830
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Jfl Retail Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Jfl Retail Limited is a private company, limited by shares, registered in England and Wales, registration number 08727830. The registered office is Flat 1, Wrens Court, 72 Plashet Road, London, London, E13 0RQ, 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:
Computer equipment
5 years straight line
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 November 2023
4,500
At 31 October 2024
4,500
Depreciation
At 1 November 2023
2,700
Charge for the year
900
At 31 October 2024
3,600
Net book value
At 31 October 2024
900
At 31 October 2023
1,800
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
4,339
4,339
Amounts due from group undertakings etc.
(2,512)
17,313
Other debtors
36
-
1,863
21,652
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Jfl Retail Limited Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
491
Taxes and social security
790
-
Loans from directors
-
891
790
1,382
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
8,231
13,267
Taxes and social security
286
(205)
Loans from directors
2,292
-
10,809
13,062
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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