Company No: 08871971 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Current assets
Debtors	4	169,497		129,095
Cash at bank and in hand		235		327,582
		169,732		456,677
Creditors: amounts falling due within one year	5	( 84,636)		( 340,547)
Net current assets		85,096		116,130
Total assets less current liabilities		85,096		116,130
Net assets		85,096		116,130
Capital and reserves
Called-up share capital		1,200		1,200
Profit and loss account		83,896		114,930
Total shareholders' funds		85,096		116,130

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Jays Entertainments Limited (registered number: 08871971) were approved and authorised for issue by the Board of Directors on 07 January 2026. They were signed on its behalf by:

Mr D Moore Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jays Entertainments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

The company is run and administered by the directors of the company for whom no formal contracts of service are in place.

4. Debtors

	2024		2023
	£		£
Other debtors	169,497		129,095

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	2,709		2,709
Taxation and social security	30,110		30,110
Other creditors	51,817		307,728
	84,636		340,547

6. Related party transactions

Transactions with the entity's directors

The directors loan account is repayable on demand and interest has been charged on any overdrawn balance exceeding £10,000 at the official HMRC rates.

At 01 August 2023 the balance owed from the directors was £Nil. During the year, the company made advances to directors amounting to £73,162 and received repayments of £32,760 leaving a balance due from the directors of £40,402.

At 01 August 2022 the balance owed from the directors was £Nil. During the year, the company made advances to directors amounting to £Nil and received repayments of £Nil leaving a balance due from the directors of £Nil.