Jengra Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC358899 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 September 2019

for

Jengra Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G D Sword

J Sword

REGISTERED OFFICE:

Gowan House 10 Prospecthill Road

Bieldside

Aberdeen

AB15 9AN

REGISTERED NUMBER:

SC358899 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Investments

4

1,821,938

2,491,411

CURRENT ASSETS

Cash at bank

302,527

94,101

CREDITORS

Amounts falling due within one year

5

312,340

334,789

NET CURRENT LIABILITIES

(9,813

)

(240,688

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,812,125

2,250,723

CAPITAL AND RESERVES

Called up share capital

2

2

Other reserves

(388,175

)

(143,554

)

Retained earnings

2,200,298

2,394,275

1,812,125

2,250,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2020 and were signed on its behalf by:

G D Sword - Director

1.	STATUTORY INFORMATION

Jengra Limited is a private company, limited by shares , registered in Scotland. The company's registered number

and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 October 2018

2,491,411

Additions

163,827

Disposals

(588,679

)

Revaluations

(244,621

)

At 30 September 2019

1,821,938

NET BOOK VALUE

At 30 September 2019

1,821,938

At 30 September 2018

2,491,411

Cost or valuation at 30 September 2019 is represented by:

Other

investments

£

Valuation in 2016

(331,727

)

Valuation in 2017

(174,902

)

Valuation in 2018

363,075

Valuation in 2019

(244,621

)

Cost

2,210,113

1,821,938

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Taxation and social security

-

262

Other creditors

312,340

334,527

312,340

334,789

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2019 and

30 September 2018:

30.9.19

30.9.18

£

£

G D Sword

Balance outstanding at start of year

(166,544

)

(158,804

)

Amounts advanced

12,373

10,391

Amounts repaid

(1,039

)

(18,131

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(155,210

)

(166,544

)

J Sword

Balance outstanding at start of year

(166,544

)

(158,804

)

Amounts advanced

12,373

10,391

Amounts repaid

(1,039

)

(18,131

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(155,210

)

(166,544

)

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, who between them, own 100% of the issued share capital.