JO SHOWA TRADING LIMITED

Company Registration Number:
08166717 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

JO SHOWA TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

JO SHOWA TRADING LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 21,696 25,847
Total fixed assets: 21,696 25,847
Current assets
Stocks: 76,263 192,269
Debtors:   681,067 763,945
Cash at bank and in hand: 162,066 373,682
Total current assets: 919,396 1,329,896
Creditors: amounts falling due within one year:   (427,605) (779,080)
Net current assets (liabilities): 491,791 550,816
Total assets less current liabilities: 513,487 576,663
Creditors: amounts falling due after more than one year:   (4,110) (14,269)
Total net assets (liabilities): 509,377 562,394
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 509,367 562,384
Shareholders funds: 509,377 562,394

The notes form part of these financial statements

JO SHOWA TRADING LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 October 2025
and signed on behalf of the board by:

Name: Y Okoda
Status: Director

The notes form part of these financial statements

JO SHOWA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. Plant & Machinery - 25% reducing balance Motor Vehicles - 25% reducing balance Fixtures & fitting - 25% reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies

Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 have been enacted or substantively enacted by the balance sheet date.

JO SHOWA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 18 16

JO SHOWA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 103,862
Additions 4,080
At 31 December 2024 107,942
Depreciation
At 01 January 2024 78,015
Charge for year 8,231
At 31 December 2024 86,246
Net book value
At 31 December 2024 21,696
At 31 December 2023 25,847