ACCOUNTS - Final Accounts

Registered number: 13955613

JASK INTERNATIONAL LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 2 SEPTEMBER 2025

JASK INTERNATIONAL LIMITED

REGISTERED NUMBER: 13955613

BALANCE SHEET

AS AT 2 SEPTEMBER 2025

		2025		2024
Note		£		£

FIXED ASSETS
Tangible assets	4		600		552
Investment property	5		185,000		-
			185,600		552
CURRENT ASSETS
Debtors: amounts falling due within one year	6	807		45,979
Cash at bank and in hand		262,189		4,895
		262,996		50,874
Creditors: amounts falling due within one year	7	(683,139)		(301,585)
NET CURRENT LIABILITIES			(420,143)		(250,711)
TOTAL ASSETS LESS CURRENT LIABILITIES			(234,543)		(250,159)
PROVISIONS FOR LIABILITIES
Deferred tax	8	(11,880)		-
			(11,880)		-
NET LIABILITIES			(246,423)		(250,159)

CAPITAL AND RESERVES
Called up share capital	9	100	100
Revaluation reserve	10	35,639	-
Profit and loss account	10	(282,162)	(250,259)
		(246,423)	(250,159)

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JASK INTERNATIONAL LIMITED

REGISTERED NUMBER: 13955613

BALANCE SHEET (CONTINUED)

AS AT 2 SEPTEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

B D Anandappa

Director

Date: 8 January 2026

The notes on pages 3 to 8 form part of these financial statements.

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JASK INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 2 SEPTEMBER 2025

1.	GENERAL INFORMATION

JASK International Limited is a private company limited by shares and incorporated in England and Wales. Its registered office address is Salisbury House, Station Road, Cambridge, CB1 2LA.

Unless otherwise stated, figures are rounded to the nearest pound (£).

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

GOING CONCERN

The Company had net liabilities of £246,423 at the balance sheet date (2024 - £250,159). The financial statements have been prepared on the going concern basis on the assumption that the Company will continue to receive financial support from its shareholders to provide sufficient funds to enable it to meet its liabilities as they fall due.

2.3

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

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JASK INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 2 SEPTEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.4

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion on the contract when the following conditions are satisfied. The amount of turnover can be reliably measured, it is probable that the Company will receive the consideration due under the contract, the stage of completion of the contract at the reporting period can be measured reliably, and the costs incurred and costs to complete the contract can be measured reliably.

2.5

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.6

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.7

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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JASK INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 2 SEPTEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.7

TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

25%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by the directors based on professional advice received and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and Loss Account.

2.9

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.12

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

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JASK INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 2 SEPTEMBER 2025

EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	TANGIBLE FIXED ASSETS

		Office equipment
		£
	COST
	At 3 September 2024	1,156
	Additions	399
	At 2 September 2025	1,555
	DEPRECIATION
	At 3 September 2024	604
	Charge for the year on owned assets	351
	At 2 September 2025	955
	NET BOOK VALUE
	At 2 September 2025	600

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JASK INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 2 SEPTEMBER 2025

5.	INVESTMENT PROPERTY

		Freehold investment property
		£
	VALUATION
	Additions at cost	137,481
	Surplus on revaluation	47,519
	AT 2 SEPTEMBER 2025	185,000

The 2025 valuations were made by by the directors, based on professional advice received, on an open market value basis.

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
	2025	2024
	£	£

Historic cost

137,481

DEBTORS

					2025	2024
					£	£


Trade debtors	-	18,825
Other debtors	512	26,880
Prepayments and accrued income	295	274
	807	45,979

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Other loans	6,922	16,532
Other creditors	291,975	281,893
Accruals and deferred income	384,242	3,160
	683,139	301,585

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JASK INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 2 SEPTEMBER 2025

8.	DEFERRED TAXATION

		2025
		£

	Charged to profit or loss	(11,880)
	AT END OF YEAR	(11,880)

The deferred taxation balance is made up as follows:
	2025	2024
	£	£

Revaluation of investment property

(11,880)

9.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

10.

RESERVES

Revaluation reserve

This represents the cumulative unrealised gains arising from the revaluation of investment properties to fair value, net of any related deferred tax.

Profit and loss account

This comprises the accumulated profits and losses of the Company, including the current year’s retained earnings after tax.

11.	COMMITMENTS UNDER OPERATING LEASES

The Company had no commitments under non-cancellable operating leases at the balance sheet date (2024 - £17,400).

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