REGISTERED NUMBER: 11494764 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JAPESTAR LIMITED

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mrs J Patel

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

11494764 (England and Wales)

ACCOUNTANTS:

STG Accountants Limited

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Japestar Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of Japestar Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Japestar Limited and state those matters that we have agreed to state to the director of Japestar Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Japestar Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Japestar Limited. You consider that Japestar Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Japestar Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

STG Accountants Limited

505 Pinner Road

Harrow

Middlesex

HA2 6EH

29 December 2025

FIXED ASSETS

Investment property

4

520,000

465,000

CURRENT ASSETS

Debtors

5

31,253

31,253

Cash at bank

13,330

2,340

44,583

33,593

CREDITORS

Amounts falling due within one year

6

125,263

124,698

NET CURRENT LIABILITIES

(80,680

)

(91,105

)

TOTAL ASSETS LESS CURRENT LIABILITIES

439,320

373,895

CREDITORS

Amounts falling due after more than one year

7

(256,216

)

(256,227

)

PROVISIONS FOR LIABILITIES

10

(36,835

)

(26,385

)

NET ASSETS

146,269

91,283

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

11

146,268

91,282

146,269

91,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2025 and were signed by:

Mrs J Patel - Director

1.	STATUTORY INFORMATION

Japestar Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover comprises rental income arising from the letting of investment properties. Rental income is recognised on a straight-line basis over the period of the lease, unless another systematic basis is more representative of the time pattern of the lessee’s benefit.

Service charge income and recharges to tenants are recognised in turnover when the related expenditure is incurred and recoverable under the terms of the lease.

All turnover is stated net of VAT where applicable.

Investment property

Investment properties are recognised at cost on initial recognition, including any directly attributable acquisition costs.

Subsequent to initial recognition, investment properties are measured at fair value at each reporting date, with any changes in fair value recognised in the profit and loss account in the period in which they arise.

Where obtaining a reliable fair value is not possible without undue cost or effort, the property is measured at cost less accumulated depreciation and impairment, and this fact is disclosed in the notes to the financial statements.

Rental income from investment properties is recognised on a straight-line basis over the lease term.

The company does not depreciate investment properties that are carried at fair value.

Taxation

Tax is recognised in the Profit and Loss Account except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Interest receivable and interest payable

Interest receivable and interest payable are recognised in profit or loss as they accrue, using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

465,000

Revaluations

55,000

At 31 March 2025

520,000

NET BOOK VALUE

At 31 March 2025

520,000

At 31 March 2024

465,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

27,319

Valuation in 2022

86,550

Valuation in 2023

25,000

Valuation in 2025

55,000

Cost

326,131

520,000

The investment property has been valued by the director at the year end, based on their professional knowledge of the local property market, comparable evidence, and prevailing economic conditions. The director considers that the carrying value is a reasonable approximation of fair value and is not materially different from the amount disclosed in these financial statements.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,345

2,345

Amounts owed by connected companies

28,908

28,908

31,253

31,253

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to connected companies

123,343

122,778

Accrued expenses

1,920

1,920

125,263

124,698

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

256,216

256,227

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

256,216

256,227

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

256,216

256,227

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

256,216

256,227

The bank loans are secured by a legal charge over the investment properties. The loans are repayable from 5 years to 16 years and the rate of interest charged are between 3.04% to 3.29% per annum.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

36,835

26,385

Deferred

tax

£

Balance at 1 April 2024

26,385

Provided during year

10,450

Net movement

Balance at 31 March 2025

36,835

11.

RESERVES

Retained

earnings

£

At 1 April 2024

91,282

Profit for the year

54,986

At 31 March 2025

146,268

The reserved includes undistributable profit reserves of £157,034 (2024: £112,484) relating to revaluation of investment properties.

12.	RELATED PARTY DISCLOSURES

At the year end, amounts owed to related parties comprised £122,173 (2024: £121,608) due to 1st Care Limited, a company in which the director has a beneficial interest, and £1,170 (2024: £1,170) due to New Green Solutions Limited, a company in which the director’s husband has a beneficial interest.

Also at the year end, an amount of £28,908 (2024: £30,872) was owed by Newbornes Ltd, a company in which the director’s husband has a beneficial interest.

All balances are repayable on demand.

13.	ULTIMATE CONTROLLING PARTY

The director is the ultimate controlling party.