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Registered Number: 13925039
England and Wales
JK LONDON NEWS LIMITED
Abridged Accounts
Period of accounts Start date: 01 March 2024 End date: 28 February 2025

JK LONDON NEWS LIMITED Contents Page For the year ended 28 February 2025
Accountants' report | 1
Statement of financial position | 2
Notes to the financial statements | 3

JK LONDON NEWS LIMITED Accountants' Report For the year ended 28 February 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Jaswal and Co Limited 28 February 2025 .................................................... Jaswal and Co Limited 121 Beavers Lane Hounslow TW4 6HF 19 February 2026 1

JK LONDON NEWS LIMITED Statement of Financial Position As at 28 February 2025
| Notes | 2025 £ |  | 2024 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Tangible fixed assets | 3 | 374 |  | 432
|  | 374 |  | 432
Current assets |  |  |
Stocks |  | 89,205 |  | 67,205
Debtors |  | (11,592) |  | 0
Cash at bank and in hand |  | 6,615 |  | 150
|  | 84,228 |  | 67,355
Creditors: amount falling due within one year |  | (18,595) |  | (23,583)
Net current assets |  | 65,633 |  | 43,772
Total assets less current liabilities |  | 66,007 |  | 44,204
Creditors: amount falling due after more than one year |  | (67,960) |  | (38,335)
Provisions for liabilities |  | 0 |  | (200)
Net assets |  | (1,953) |  | 5,669
Capital and reserves |  |  |
Called up share capital |  | 100 |  | 100
Profit and loss account |  | (2,053) |  | 5,569
Shareholders' funds |  | (1,953) |  | 5,669
For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These 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 income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). The financial statements were approved by the director on 19 February 2026 and were signed by:
------------------------------- Pawandeep Singh Director
2

JK LONDON NEWS LIMITED Notes to the Abridged Financial Statements For the year ended 28 February 2025
General Information JK LONDON NEWS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13925039, registration address 123 WORPLESDON ROAD, J A LEWIS NEWSAGENTS GUILDFORD, United Kindom, GU2 9XA. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Operating lease rentals Rentals payable under operating leases are charged against income on a straight line basis over the lease term. Taxation Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted Goodwill Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings | 10 Straight Line
Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Preference shares The company's preference shares are treated as a financial liability since they are subject to mandatory redemption for a fixed or determinable amount at a fixed or determinable time and are thus included in creditors in the statement of financial position rather than as part of the company's issued share capital.
2. | Average number of employees Average number of employees during the year was 3 (2024 : 0).
3. | Tangible fixed assets
Cost or valuation | Fixtures and Fittings |  | Total
| £ |  | £
At 01 March 2024 | 575 |  | 575
Additions | - |  | -
Disposals | - |  | -
At 28 February 2025 | 575 |  | 575
Depreciation
At 01 March 2024 | 143 |  | 143
Charge for year | 58 |  | 58
On disposals | - |  | -
At 28 February 2025 | 201 |  | 201
Net book values
Closing balance as at 28 February 2025 | 374 |  | 374
Opening balance as at 01 March 2024 | 432 |  | 432
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