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Registration number: 08386976

Jay Capital Ltd
Filleted Abridged Financial Statements
for the Year Ended 28 February 2026

Jay Capital Ltd

Contents

Company Information | 1
Abridged Balance Sheet | 2
Notes to the Abridged Financial Statements | 3 to 5

Jay Capital Ltd

Company Information

Director | Mr V L Sonawane

Registered office | 3rd Floor suite, 207 Regent Street London England W1B 3HH

Auditors | Cameron & Associates Limited The Hour House, 32 High Street Rickmansworth Hertfordshire WD3 1ER

Jay Capital Ltd

(Registration number: 08386976)
Abridged Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Current assets |  |  |
Debtors |  | 726,148 | 1,001,620
Cash at bank and in hand |  | 1,972 | 4,710
|  | 728,120 | 1,006,330
Prepayments and accrued income |  | - | 2,109
Creditors: Amounts falling due within one year |  | (92,353) | (273,010)
Total assets less current liabilities |  | 635,767 | 735,429
Creditors: Amounts falling due after more than one year |  | (70,281) | (80,671)
Accruals and deferred income |  | (6,528) | (36,729)
Net assets |  | 558,958 | 618,029
Capital and reserves |  |  |
Called up share capital | 4 | 211,990 | 211,990
Retained earnings |  | 346,968 | 406,039
Shareholders' funds |  | 558,958 | 618,029

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 April 2026

......................................... Mr V L Sonawane Director

Jay Capital Ltd

Notes to the Abridged Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
3rd Floor suite,
207 Regent Street
London
W1B 3HH
England

These financial statements were authorised for issue by the director on 30 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 30 April 2026 was Rajinder Basra, who signed for and on behalf of Cameron & Associates Limited.

.........................................

Revenue recognition

Turnover represents the profit or loss that results from the purchase and sale arising from matched bond trades. Financial institutions offer bonds for sale these are matched by the Company to purchasers using a transaction platform which acts as a settlement platform for the transaction.
The income and cost are recognised in the period in which the trades are settled.
The income is recorded gross of settlement fees and other costs for the use of the trading platform. These costs which include transaction costs and other fees are shown within cost of sales.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, 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.

Jay Capital Ltd

Notes to the Abridged Financial Statements for the Year Ended 28 February 2026 (continued)

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 taxable income.

Depreciation

Tangible fixed assets are stated at cost net of accumulated depreciation. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Asset class | Depreciation method and rate
Plant and machinery | over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Jay Capital Ltd

Notes to the Abridged Financial Statements for the Year Ended 28 February 2026 (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

4 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary B of $1 each | 350,000 | 211,890 | 350,000 | 211,890

5 | Related party transactions

Amounts totalling £22,800 (2024: £36,000) in relation to consulting services have been charged by a Company owned by V Sonawane and H Sonawane the wife of the Director the amount outstanding at the year end was £55,825 (2024 :£36,000).
The Director received a salary of £10,563 (2024: £12,000) and dividends totalling £60,000 in 2025 (2024: £100,000).
The Director had an overdrawn current account amounting to £690,891 (2024: £784,961), the relevant taxes due have been accrued and paid as appropriate on the overdrawn current accounts.