Company Registration No. 05494850 (England and Wales)
Standard Jeans Limited
Unaudited accounts
for the year ended 31 March 2025
Standard Jeans Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
30,489
158,339
Creditors: amounts falling due within one year
(191,677)
(3,604)
Net current assets
282,072
271,258
Net assets
282,072
271,258
Called up share capital
4
4
Profit and loss account
282,068
271,254
Shareholders' funds
282,072
271,258
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 director acknowledges his 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 and authorised for issue on 22 December 2025 and were signed on its behalf by
Mr. Sucklackshan Kumar Ahluwalia
Director
Company Registration No. 05494850
Standard Jeans Limited
Notes to the Accounts
for the year ended 31 March 2025
Standard Jeans Limited is a private company, limited by shares, registered in England and Wales, registration number 05494850. The registered office is 103 Wolsey Road, Wolsey Road, Northwood, HA6 2ER.
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.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Amounts falling due within one year
Trade debtors
422,760
83,523
Standard Jeans Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
156,246
-
Taxes and social security
4,481
3,604
Loans from directors
6,033
-
6
Average number of employees
During the year the average number of employees was 2 (2024: 5).