2024-04-01 2025-03-31 false Capium Accounts Production 1.1 07993875 2024-04-01 2025-03-31 07993875 bus:FullAccounts 2024-04-01 2025-03-31 07993875 bus:FRS102 2024-04-01 2025-03-31 07993875 bus:Audited 2024-04-01 2025-03-31 07993875 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07993875 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07993875 2024-04-01 2025-03-31 07993875 2025-03-31 07993875 bus:RegisteredOffice 2024-04-01 2025-03-31 07993875 core:WithinOneYear 2025-03-31 07993875 core:AfterOneYear 2025-03-31 07993875 1 2024-04-01 2025-03-31 07993875 bus:Director1 2024-04-01 2025-03-31 07993875 bus:Director1 2025-03-31 07993875 bus:Director1 2023-04-01 2024-03-31 07993875 2023-04-01 07993875 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 07993875 2023-04-01 2024-03-31 07993875 2024-03-31 07993875 core:WithinOneYear 2024-03-31 07993875 core:AfterOneYear 2024-03-31 07993875 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 07993875 core:LandBuildings 2024-04-01 2025-03-31 07993875 core:LandBuildings 2025-03-31 07993875 core:LandBuildings 2024-03-31 07993875 core:PlantMachinery 2024-04-01 2025-03-31 07993875 core:PlantMachinery 2025-03-31 07993875 core:PlantMachinery 2024-03-31 07993875 core:MotorCars 2024-04-01 2025-03-31 07993875 core:MotorCars 2025-03-31 07993875 core:MotorCars 2024-03-31 07993875 core:FurnitureFittings 2024-04-01 2025-03-31 07993875 core:FurnitureFittings 2025-03-31 07993875 core:FurnitureFittings 2024-03-31 07993875 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 07993875 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 07993875 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 07993875 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 07993875 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 07993875 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 07993875 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 07993875 core:Non-currentFinancialInstruments 2025-03-31 07993875 core:Non-currentFinancialInstruments 2024-03-31 07993875 core:ShareCapital 2025-03-31 07993875 core:ShareCapital 2024-03-31 07993875 core:RetainedEarningsAccumulatedLosses 2025-03-31 07993875 core:RetainedEarningsAccumulatedLosses 2024-03-31 07993875 core:ShareCapitalOrdinaryShares 2024-04-01 07993875 core:ShareCapitalOrdinaryShares 2023-04-01 07993875 core:ShareCapitalOrdinaryShares 2024-04-01 2025-03-31 07993875 core:ShareCapitalOrdinaryShares 2023-04-01 2024-03-31 07993875 core:ShareCapitalOrdinaryShares 2025-03-31 07993875 core:ShareCapitalOrdinaryShares 2024-03-31 07993875 core:RetainedEarningsAccumulatedLosses 2024-04-01 07993875 core:RetainedEarningsAccumulatedLosses 2023-04-01 07993875 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 07993875 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 07993875 core:RetainedEarningsAccumulatedLosses 2025-03-31 07993875 core:RetainedEarningsAccumulatedLosses 2024-03-31 07993875 dpl:Item1 2024-04-01 07993875 dpl:Item1 2025-03-31 07993875 dpl:Item1 2023-04-01 07993875 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 07993875
England and Wales
JAY RETAIL LTD
Audited Financial Statements
Period of accounts Start date: 01 April 2024 End date: 31 March 2025

JAY RETAIL LTD Contents Page For the year ended 31 March 2025
Company information | 1
Director's report | 2
Independent Auditor's Report | 3
Income statement | 4
Statement of financial position | 5
Statement of changes in equity | 6
Notes to the financial statements | 7

JAY RETAIL LTD Company Information For the year ended 31 March 2025
Director | Kailasapillai Sivathasan
Registered Number | 07993875
Registered Office | 146 Howard Road, Upminster, England RM14 2UU
Auditors | Sterling Young Limited Chartered Certified Accountants Suite 50 238 Merton High Street Wimbledon London SW19 1AU
1

JAY RETAIL LTD Director's Report For the year ended 31 March 2025
Director's report and financial statements The director presents his annual report and the audited financial statements for the year ended 31 March 2025. Principal activities Principal activity of the company during the financial continued to be that of Retail sale of food, beverages or tobacco predominating. Director The director who served the company throughout the year was as follows:
Kailasapillai Sivathasan
Statement of director's responsibilities The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the director is required to : select suitable accounting policies and then apply them consistently make judgements and accounting estimates that are reasonable and prudent state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the companys transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Statement of disclosure of information to auditor So far as the director is aware, there is no relevant audit information (as defined by Section 418 of companies Act 2026 ) of which company's auditors are unaware ; the director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that company's auditors are aware of that information. The Report was approved by board on 21 April 2026 and signed on its behalf. On behalf of the board.
---------------------------------- Kailasapillai Sivathasan Director
Date approved: 21 April 2026 2

JAY RETAIL LTD INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF JAY RETAIL LTD For the year ended 31 March 2025
Opinion Qualified Opinion We have audited the financial statements of JAY RETAIL LTD for the year ended 31 March 2025 which comprise income statements,statements of financial position and notes to the financial statements ,Statement of changes in equity ,including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS102 section 1A The Financial Reporting Standard applicable in the UK and Republic of Ireland Section(United Kingdom Generally Accepted Accounting Practice). In our opinion, except for the effects of matter described in the Basis for Qualified opinion paragraph, the financial statements : give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its Profit for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; have been prepared in accordance with the requirements of the Companies Act 2006. Basis for Qualified opinion We did not observe the counting of physical inventory amounting to £739,351 , however we have obtained a closing stock report from Co-operative Group Limited (Franchisor) to confirm its value. In addition, we are unable to satisfy ourselves by alternative means concerning inventory quantity held on that date. Consequently, we were unable to gain sufficient appropriate audit evidence with regard to stock existence and condition. The company's cash in hand balance as at year end is £226,036. The auditors are unable to factually satisfy themselves with closing cash balances since we did not observe counting of physical cash for the year ended March 2025. We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorized for issue. Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report. Other Information The director is responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. Our opinion on the financial statements do not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. As described in the basis for qualified opinion section of our report, we were unable to satisfy ourselves concerning the inventory balances and cash in hand balances held at 31 March 2025. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the directors report for the financial year for which the financial statements are prepared is consistent with the financial statements; and the the directors report have been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception Except for matter described in the basis for qualified opinion section of our report, in the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Director. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - returns adequate for our audit have not been received - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of director's remuneration specified by law are not made. -We have not received all the information and explanations we require for our audit. Responsibilities of directors As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Auditor’s responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: - the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognize non-compliance with applicable laws and regulations; - we identified the laws and regulations applicable to the company through discussions with the director and other management, and from our commercial knowledge and experience of the company's sector; - we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, employment, health and safety legislation. - we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence where necessary. We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: - making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and - considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we: - performed analytical procedures to identify any unusual or unexpected transactions; - tested the appropriateness of journal entries; - assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and - investigated the rationale behind significant or unusual transactions. To address the risk that revenue could be misstated due to fraud. we: - we obtained an understanding of the company's revenue recognition policies and compared these to the accounting standard; - performed a walkthrough to confirm our understanding of the processes and controls through which the business initiates, records, processes and reports revenue transactions; - tested a sample of revenue transactions to supporting evidence; and In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: - agreeing financial statement disclosures to underlying supporting documentation; - enquiring of management as to actual and potential litigation and claims; and - reviewing correspondence with HMRC and relevant regulators. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non- compliance with laws and regulations to enquiry of the director and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting The council's website atwww.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors. Other matter In previous year , the company took advantage of audit exemption from the companies Act 2006.Therefore the prior period Financial statements were not subject to audit . Use of this report This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. Shoolin Girishkumar Yagnik (Senior Statutory Auditor) for and on behalf of Sterling Young Limited Chartered Certified Accountants and Statutory Auditor Chartered Certified Accountants Suite 50 238 Merton High Street Wimbledon London SW19 1AU Date: 21 April 2026 3

JAY RETAIL LTD Income Statement For the year ended 31 March 2025
| Notes | 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | --- | ---
Turnover |  | 11,183,546 |  | 8,451,118
Cost of sales |  | (8,618,033) |  | (6,714,253)
Gross profit |  | 2,565,513 |  | 1,736,865
Administrative expenses |  | (2,280,889) |  | (1,669,373)
Other operating income |  | 287,929 |  | 470,852
Operating profit |  | 572,553 |  | 538,344
Interest payable and similar charges |  | (152,070) |  | (148,950)
Profit/(Loss) on ordinary activities before taxation |  | 420,483 |  | 389,394
Tax on profit on ordinary activities |  | (48,606) |  | (24,295)
Profit/(Loss) for the financial year |  | 371,877 |  | 365,099
4

JAY RETAIL LTD Statement of Financial Position As at 31 March 2025
| Notes | 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Tangible fixed assets | 3 | 925,511 |  | 688,048
|  | 925,511 |  | 688,048
Current assets |  |  |
Stocks | 4 | 739,351 |  | 664,300
Debtors | 5 | 1,999,264 |  | 1,440,939
Cash at bank and in hand |  | 391,519 |  | 253,103
|  | 3,130,134 |  | 2,358,342
Creditors: amount falling due within one year | 6 | (1,051,509) |  | (715,592)
Net current assets |  | 2,078,625 |  | 1,642,750
Total assets less current liabilities |  | 3,004,136 |  | 2,330,798
Creditors: amount falling due after more than one year | 7 | (1,774,671) |  | (1,453,210)
Net assets |  | 1,229,465 |  | 877,588
Capital and reserves |  |  |
Called up share capital |  | 100 |  | 100
Profit and loss account |  | 1,229,365 |  | 877,488
Shareholders' funds |  | 1,229,465 |  | 877,588
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 financial statements were approved by the director on 21 April 2026 and were signed by:
------------------------------- Kailasapillai Sivathasan Director
5

JAY RETAIL LTD Statement of Changes in Equity For the year ended 31 March 2025
|  | Equity share capital |  | Retained Earnings |  | Total
| £ |  | £ |  | £ |
At 01 April 2023 |  | 100 |  | 562,389 |  | 562,489
Profit for the year |  |  |  | 365,099 |  | 365,099
Total comprehensive income for the year |  | - |  | 365,099 |  | 365,099
Dividends |  |  |  | (50,000) |  | (50,000)
Total investments by and distributions to owners |  | - |  | (50,000) |  | (50,000)
At 31 March 2024 |  | 100 |  | 877,488 |  | 877,588
At 01 April 2024 |  | 100 |  | 877,488 |  | 877,588
Profit for the year |  |  |  | 371,877 |  | 371,877
Total comprehensive income for the year |  | - |  | 371,877 |  | 371,877
Dividends |  |  |  | (20,000) |  | (20,000)
Total investments by and distributions to owners |  | - |  | (20,000) |  | (20,000)
At 31 March 2025 |  | 100 |  | 1,229,365 |  | 1,229,465
6

JAY RETAIL LTD Notes to the Financial Statements For the year ended 31 March 2025
General Information JAY RETAIL LTD is a private company, limited by shares, registered in England and Wales, registration number 07993875, registration address 146 Howard Road, , Upminster, England , RM14 2UU. The presentation currency is £ sterling.
1. | Accounting policies Basis of preparation The financial statements have been prepared in accordance with FRS 102 1A "the Financial Reporting Standard "applicable in the UK and Republic of Ireland and Companies Act 2006. The financial statements have been prepared under the historical cost convention . Going concern basis The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. 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. Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied:- -the company has transferred the significant risks and rewards of ownership to the buyer. -the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; - the amount of revenue can be measured reliably. - it is probable that the company will receive the consideration due under the transaction. and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Other operation income : Other operating income is recognized to the extend that it is probable that economic benefits will flow to the company and the revenue can reliably measured. It is measured as the fair value of the consideration received or receivable ,excluding discounts ,rebates ,value added tax and other sales taxes. Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks 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 effective interest method . Pensions Contributions to defined contribution plans are expenses in the period to which they relate. Lease Committments Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors. Rental payable and receivable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease 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 effective interest method less any impairment. 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 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: Leasehold Property is amortized over life of lease.
Plant and Machinery | 20% Reducing Balance
Motor Vehicles | 20% Reducing Balance
Fixtures and Fittings | 20% Reducing Balance
Assets on finance lease and hire purchase Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives. Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. Inventory Inventory 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. Provisions Provisions are recognized when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be estimated reliably. Critical accounting judgements and key source of estimation uncertainty Tangible fixed assets : Fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual life of assets are assessed annually and may vary depending upon number of factors. Inventory Provision : Inventory is valued at lower of cost or net realisable value .Management is required to consider the net realisable value of inventory and whether an impairment is appropriate. When considering the inventory impairment provision ,the management considers the nature ,condition, aging and expiry date of inventory as well as applying assumptions around anticipated salability of finished goods. Bad debts Provision : The company makes an estimate of the recoverable value of trade and other debtors. When assessing the impairment of trade and other debtors ,management considers factors including current credit rating of the debtor ,the aging profile of debtors and historical experience.
2. | Average number of employees Average number of employees during the year was 70 (2024 : 53).
3. | Tangible fixed assets
Cost or valuation | Land and Buildings |  | Plant and Machinery |  | Motor Vehicles |  | Fixtures and Fittings |  | Total
| £ |  | £ |  | £ |  | £ |  | £
At 01 April 2024 | 316,981 |  | 67,541 |  | 9,800 |  | 662,158 |  | 1,056,480
Additions | 27,818 |  | - |  | - |  | 354,822 |  | 382,640
Disposals | - |  | - |  | - |  | - |  | -
At 31 March 2025 | 344,799 |  | 67,541 |  | 9,800 |  | 1,016,980 |  | 1,439,120
Depreciation
At 01 April 2024 | - |  | 49,774 |  | 8,485 |  | 310,172 |  | 368,431
Charge for year | - |  | 3,553 |  | 263 |  | 141,362 |  | 145,178
On disposals | - |  | - |  | - |  | - |  | -
At 31 March 2025 | - |  | 53,327 |  | 8,748 |  | 451,534 |  | 513,609
Net book values
Closing balance as at 31 March 2025 | 344,799 |  | 14,214 |  | 1,052 |  | 565,446 |  | 925,511
Opening balance as at 01 April 2024 | 316,980 |  | 17,767 |  | 1,315 |  | 351,986 |  | 688,048
4. | Stocks
| 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | ---
Stocks | 739,351 |  | 664,300
| 739,351 |  | 664,300
5. | Debtors: amounts falling due within one year
| 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | ---
Trade Debtors | 56,693 |  | 166,838
Prepayments & Accrued Income | 17,667 |  | 156,181
Deposits paid | 148,430 |  | 83,055
Other Debtors | 888,710 |  | 393,260
VAT RECEIVABLE | 0 |  | 106,779
HP-Prepaid | 95,124 |  | 54,553
| 1,206,624 |  | 960,666
5. | Debtors: amounts falling due after one year
| 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | ---
SSMP REAL ESTATE LIMITED | 550,000 |  | 250,000
Lash Property holding Ltd | 242,640 |  | 230,273
| 792,640 |  | 480,273
6. | Creditors: amount falling due within one year
| 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | ---
Trade Creditors | 402,253 |  | 344,712
Bank and other Loans | 199,313 |  | 200,508
Corporation Tax | 74,712 |  | 44,985
Social security and other Taxes | 147,858 |  | 37,599
Accrued Expenses | 63,904 |  | 0
Wages & Salaries Control Account | 49,943 |  | 32,303
Hire Purchase Loan | 113,526 |  | 55,485
| 1,051,509 |  | 715,592
7. | Creditors: amount falling due after more than one year
| 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | ---
Bank and other Loans | 853,910 |  | 969,226
Lash Retail Ltd | 573,199 |  | 231,887
Hire Purchase Loan | 325,914 |  | 198,189
Directors' Loan Accounts | 21,648 |  | 53,908
| 1,774,671 |  | 1,453,210
8. | AUDITOR LIABILITY LIMITATION AGREEMENT The company has entered into a liability limitation agreement with Sterling Young Ltd, the statutory auditor, in respect of the statutory audit for the year ended 31 March 2025. The proportionate liability agreement follows the standard terms to the Financial Reporting Council's June 2008 Guidance on Auditor Liability Agreements, and was approved by the member on 01 August 2025.
9. | Contingent Liabilities Jay Retail has provided an unlimited guarantee in favor of the Barclays bank for Lash Retail Ltd (Company in which director has significant control) in respect of its banking facilities. At the reporting date, no amounts have been recognized in the financial statements in respect of this guarantee, as the director consider that it is not probable that the guarantee will be called upon.
10. | Committments Lash Retail Ltd has provided unlimited bank gurantees to Barclays Bank in relation to Loans of Jay retail Ltd . The Director has provided gurantees amounting to GBP 250,000 dated 29-01-2024 to the bank in relation to bank loans .
11. | Pension commitments The company operates defined contribution scheme. The assets of the scheme are held separately from those of company , being invested with insurance company. During the year contribution payable by company to the fund amounted to £5,375 (2024-£5,102) .
12. | Lease committments
Particulars |  | 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | --- | ---
The future rental payable under lease are as follows |  | - |  | -
Amount due not later than 1 year |  | 420,166 |  | 299,766
Amount due Later than 1 year but not later than 5 years |  | 1,768,664 |  | 1,265,064
Amount due Later than 5 years |  | 3,975,117 |  | 2,881,250
|  | 6,163,947 |  | 4,446,080
13. | Related Party Transactions
Particulars |  | 31/03/2025 £ |  | 31/03/2024 £
--- | --- | --- | --- | ---
At the reporting date, the company had the following balances with related parties: |  | - |  | -
SSMP Real Estate Ltd-Receivable |  | 550,000 |  | 250,000
LASH Property Holding Ltd-Receivable |  | 242,640 |  | 230,273
Lash Retail Ltd-Payable |  | 573,199 |  | 231,887
Directors’ Loan Account-Payable |  | 21,648 |  | 53,908
14. | controlling Party The company is controlled by Mr. Kailasapillai Sivathasan who holds 100% of the shares in company.
7