Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false letting and operating of own or leased estate 2 2 false true false 12502663 2024-04-01 2025-03-31 12502663 2023-04-01 2024-03-31 12502663 2025-03-31 12502663 2024-03-31 12502663 c:Director1 2024-04-01 2025-03-31 12502663 d:FreeholdInvestmentProperty 2025-03-31 12502663 d:FreeholdInvestmentProperty 2024-03-31 12502663 d:CurrentFinancialInstruments 2025-03-31 12502663 d:CurrentFinancialInstruments 2024-03-31 12502663 d:Non-currentFinancialInstruments 2025-03-31 12502663 d:Non-currentFinancialInstruments 2024-03-31 12502663 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12502663 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12502663 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 12502663 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12502663 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-03-31 12502663 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 12502663 d:ShareCapital 2025-03-31 12502663 d:ShareCapital 2024-03-31 12502663 d:SharePremium 2025-03-31 12502663 d:SharePremium 2024-03-31 12502663 d:RetainedEarningsAccumulatedLosses 2025-03-31 12502663 d:RetainedEarningsAccumulatedLosses 2024-03-31 12502663 c:OrdinaryShareClass1 2024-04-01 2025-03-31 12502663 c:OrdinaryShareClass1 2025-03-31 12502663 c:OrdinaryShareClass1 2024-03-31 12502663 c:OrdinaryShareClass2 2024-04-01 2025-03-31 12502663 c:OrdinaryShareClass2 2025-03-31 12502663 c:OrdinaryShareClass2 2024-03-31 12502663 c:FRS102 2024-04-01 2025-03-31 12502663 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12502663 c:FullAccounts 2024-04-01 2025-03-31 12502663 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12502663 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12502663 JAKAD LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
JAKAD LIMITED REGISTERED NUMBER: 12502663 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 4,255,513 |  | 4,255,513
Current assets |  |  |  |  |
Cash at bank and in hand |  | 40,186 |  | 25,570 |
Creditors: amounts falling due within one year | 5 | (831,650) |  | (803,497) |
Net current liabilities |  |  | (791,464) |  | (777,927)
Total assets less current liabilities |  |  | 3,464,049 |  | 3,477,586
Creditors: amounts falling due after more than one year | 6 |  | (2,520,967) |  | (2,538,200)
Net assets |  |  | 943,082 |  | 939,386
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 200 |  | 200
Share premium account |  |  | 925,815 |  | 925,815
Profit and loss account |  |  | 17,067 |  | 13,371
|  |  | 943,082 |  | 939,386
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. Page 1
JAKAD LIMITED REGISTERED NUMBER: 12502663 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 The Company has opted not to file the statement of income and retained earnings 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 on 18 March 2026.
B Jhatakia
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
JAKAD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Jakad Ltd ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA. The principal activity of the company during the period was that of letting and operating of own or leased real estate. 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 Companies Act 2006. 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 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rental income Rental income from operating leases is recognised on straight line basis over the term of the lease.
| 2.3 | Finance costs
Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.4 | Borrowing costs
All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.
| 2.5 | Taxation
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 reporting date in the countries where the Company operates and generates income. Page 3
JAKAD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Investment property
Investment property is carried at fair value determined annually by external valuers 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 Statement of comprehensive income.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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JAKAD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Investment property
|  | Investment properties
|  | £
| Valuation |
| At 1 April 2024 | 4,255,513
| At 31 March 2025 | 4,255,513
The 2025 valuations were made by directors, on an open market value basis.
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 4,255,513 | 4,255,513
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 3,360 | 3,240
| Corporation tax | 8,113 | 8,354
| Other creditors | 770,546 | 773,864
| Accruals and deferred income | 49,631 | 18,039
|  | 831,650 | 803,497
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JAKAD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,520,967 | 2,538,200
| The following liabilities were secured:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,520,967 | 2,538,200
| Details of security provided:
Bank loans are secured on the investment properties in the company.
7. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due after more than 5 years |  |
| Bank loans | 2,520,967 | 2,538,200
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 136 (2024 - 136) Ordinary A shares of £1.00 each | 136 | 136
|  | 64 (2024 - 64) Ordinary B shares of £1.00 each | 64 | 64
|  |  | 200 | 200
9. | Related party transactions
| Included within other creditors due within one year is an amount of £770,546 (2024 - £773,864) due to the directors of the company.
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