ACCOUNTS - Final Accounts preparation

Registered number: 13805727

JAZZA58 LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

JAZZA58 LIMITED

REGISTERED NUMBER: 13805727

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Stocks	4	776,447		715,776
		776,447		715,776
Creditors: amounts falling due within one year	5	(780,753)		(719,396)
Net current liabilities			(4,306)		(3,620)
Total assets less current liabilities			(4,306)		(3,620)

Net liabilities			(4,306)		(3,620)

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		(4,406)	(3,720)
		(4,306)	(3,620)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S J Bartlett

Director

Date: 11 December 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

JAZZA58 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Jazza58 Limited is a private company limited by shares and incorporated in England and Wales (registered number 13805727). The registered office is 8 Grass Hill, Caversham, Reading, England, RG4 7TJ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The parent company has committed to providing support to the company to enable it to continue in operational existence for the 12 months following the financial year end.

2.3

Stocks

Stocks and work in progress are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

4.	Stocks
		2024	2023
		£	£

	Work in progress	776,447	715,776

Page 2

JAZZA58 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	2,160	-
Amounts owed to group undertakings	776,347	715,676
Accruals and deferred income	2,246	3,720
	780,753	719,396

6.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 (2023 - 1) Ordinary share of £100	100	100

7.	Related party transactions
	Included in amounts owed to group undertakings is a balance of £776,347 (2023: £715,676) owed to Bigtots Limited, of which the company is a wholly owned subsidiary. The balance is interest free and repayable on demand.

8.	Controlling party

The company's immediate parent company is Bigtots Limited, a company registered in England and Wales.

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