Jay Star International Limited 31/03/2025 iXBRL

Company registration number: 06161976

Jay Star International Limited

Abridged filleted financial statements

31 March 2025

Jay Star International Limited

Contents

Directors and other information

Director's responsibilities statement

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Jay Star International Limited

Directors and other information


	Director	Mr M. Onay


	Secretary	Mrs S. Onay


	Company number	06161976


	Registered office	187 High Road Leyton
		London
		E15 2BY


	Business address	Stand P36 - 37A
		Western International Market
		Hayes Road
		Southall, Middlesex
		UB2 5XJ


	Auditor	Ashford Louis
		Chartered Certified Accountants
		& Statutory Auditors
		187 High Road Leyton
		London
		E15 2BY

Jay Star International Limited

Director's responsibilities statement

Year ended 31 March 2025

The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Jay Star International Limited

Abridged statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	964		7,231
		_______		_______
			964		7,231

Current assets
Debtors		2,976,313		2,616,756
Cash at bank and in hand		260,871		196,260
		_______		_______
		3,237,184		2,813,016
Creditors: amounts falling due
within one year		( 2,521,412)		( 2,194,100)
		_______		_______
Net current assets			715,772		618,916
			_______		_______
Total assets less current liabilities			716,736		626,147

			_______		_______
Net assets			716,736		626,147
			_______		_______

Capital and reserves
Called up share capital	6		200		200
Share premium account			19,900		19,900
Profit and loss account			696,636		606,047
			_______		_______
Shareholder funds			716,736		626,147
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 29 December 2025 , and are signed on behalf of the board by:

Mr M. Onay

Director

Company registration number: 06161976

Jay Star International Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Share premium account	Profit and loss account	Total
	£	£	£	£


At 1 April 2023	200	19,900	522,718	542,818

Profit for the year			143,329	143,329
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	143,329	143,329

Dividends paid and payable			( 60,000)	( 60,000)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 60,000)	( 60,000)

	_______	_______	_______	_______
At 31 March 2024 and 1 April 2024	200	19,900	606,047	626,147

Profit for the year			150,589	150,589
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	150,589	150,589

Dividends paid and payable			( 60,000)	( 60,000)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 60,000)	( 60,000)

	_______	_______	_______	_______
At 31 March 2025	200	19,900	696,636	716,736
	_______	_______	_______	_______

Jay Star International Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 187 High Road Leyton, London, E15 2BY.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, a period of not less than 12 months from the date of approval of these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	Straight line over the life of the lease
Plant and machinery	-	20 %	reducing balance
Fittings fixtures and equipment	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).

5. Tangible assets


		£
	Cost
	At 1 April 2024 and 31 March 2025	399,572
		_______
	Depreciation
	At 1 April 2024	392,341
	Charge for the year	6,267
		_______
	At 31 March 2025	398,608
		_______
	Carrying amount
	At 31 March 2025	964
		_______
	At 31 March 2024	7,231
		_______

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares shares of £ 1.00 each	200	200	200	200
	_______	_______	_______	_______

7. Summary audit opinion

The auditor's report dated 29 December 2025 was unqualified.

The senior statutory auditor was Hayford Doh FCCA for and on behalf of Ashford Louis

8. Related party transactions

During the year, the company paid dividends totalling £60,000 (2024: £60,000) to the director, Mr M Onay.At the balance sheet date, the company owed Mr M Onay £235 (2024: £256).During the year, the company sold goods totalling £19,409,037 (2024: £17,407,582) to Jaystar Produce Ltd a company controlled by the director, Mr M Onay. At the balance sheet date, Jaystar Produce Ltd owed £2,843,284 (2024: £2,533,485).

9. Controlling party

During the current and the previous years, the company was controlled by the director, Mr M Onay, by virtue of ownership of majority of the issued share capital.