2021-02-012022-01-312022-01-31false12388148JOALIN LTD2022-08-0468100iso4217:GBPxbrli:pure123881482021-02-01123881482022-01-31123881482021-02-012022-01-31123881482020-01-06123881482021-01-31123881482020-01-062021-01-3112388148bus:SmallEntities2021-02-012022-01-3112388148bus:AuditExempt-NoAccountantsReport2021-02-012022-01-3112388148bus:FullAccounts2021-02-012022-01-3112388148bus:PrivateLimitedCompanyLtd2021-02-012022-01-3112388148core:WithinOneYear2022-01-3112388148core:AfterOneYear2022-01-3112388148core:WithinOneYear2021-01-3112388148core:AfterOneYear2021-01-3112388148core:ShareCapital2022-01-3112388148core:SharePremium2022-01-3112388148core:RevaluationReserve2022-01-3112388148core:OtherReservesSubtotal2022-01-3112388148core:RetainedEarningsAccumulatedLosses2022-01-3112388148core:ShareCapital2021-01-3112388148core:SharePremium2021-01-3112388148core:RevaluationReserve2021-01-3112388148core:OtherReservesSubtotal2021-01-3112388148core:RetainedEarningsAccumulatedLosses2021-01-3112388148core:LandBuildings2022-01-3112388148core:PlantMachinery2022-01-3112388148core:Vehicles2022-01-3112388148core:FurnitureFittings2022-01-3112388148core:OfficeEquipment2022-01-3112388148core:NetGoodwill2022-01-3112388148core:IntangibleAssetsOtherThanGoodwill2022-01-3112388148core:ListedExchangeTraded2022-01-3112388148core:UnlistedNon-exchangeTraded2022-01-3112388148core:LandBuildings2021-01-3112388148core:PlantMachinery2021-01-3112388148core:Vehicles2021-01-3112388148core:FurnitureFittings2021-01-3112388148core:OfficeEquipment2021-01-3112388148core:NetGoodwill2021-01-3112388148core:IntangibleAssetsOtherThanGoodwill2021-01-3112388148core:ListedExchangeTraded2021-01-3112388148core:UnlistedNon-exchangeTraded2021-01-3112388148core:LandBuildings2021-02-012022-01-3112388148core:PlantMachinery2021-02-012022-01-3112388148core:Vehicles2021-02-012022-01-3112388148core:FurnitureFittings2021-02-012022-01-3112388148core:OfficeEquipment2021-02-012022-01-3112388148core:NetGoodwill2021-02-012022-01-3112388148core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3112388148core:ListedExchangeTraded2021-02-012022-01-3112388148core:UnlistedNon-exchangeTraded2021-02-012022-01-3112388148core:MoreThanFiveYears2021-02-012022-01-3112388148core:Non-currentFinancialInstruments2022-01-3112388148core:Non-currentFinancialInstruments2021-01-3112388148dpl:CostSales2021-02-012022-01-3112388148dpl:DistributionCosts2021-02-012022-01-3112388148dpl:AdministrativeExpenses2021-02-012022-01-3112388148core:LandBuildings2021-02-012022-01-3112388148core:PlantMachinery2021-02-012022-01-3112388148core:Vehicles2021-02-012022-01-3112388148core:FurnitureFittings2021-02-012022-01-3112388148core:OfficeEquipment2021-02-012022-01-3112388148core:NetGoodwill2021-02-012022-01-3112388148core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3112388148dpl:GroupUndertakings2021-02-012022-01-3112388148dpl:ParticipatingInterests2021-02-012022-01-3112388148dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3112388148core:ListedExchangeTraded2021-02-012022-01-3112388148dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3112388148core:UnlistedNon-exchangeTraded2021-02-012022-01-3112388148dpl:CostSales2020-01-062021-01-3112388148dpl:DistributionCosts2020-01-062021-01-3112388148dpl:AdministrativeExpenses2020-01-062021-01-3112388148core:LandBuildings2020-01-062021-01-3112388148core:PlantMachinery2020-01-062021-01-3112388148core:Vehicles2020-01-062021-01-3112388148core:FurnitureFittings2020-01-062021-01-3112388148core:OfficeEquipment2020-01-062021-01-3112388148core:NetGoodwill2020-01-062021-01-3112388148core:IntangibleAssetsOtherThanGoodwill2020-01-062021-01-3112388148dpl:GroupUndertakings2020-01-062021-01-3112388148dpl:ParticipatingInterests2020-01-062021-01-3112388148dpl:GroupUndertakingscore:ListedExchangeTraded2020-01-062021-01-3112388148core:ListedExchangeTraded2020-01-062021-01-3112388148dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-01-062021-01-3112388148core:UnlistedNon-exchangeTraded2020-01-062021-01-3112388148core:NetGoodwill2022-01-3112388148core:IntangibleAssetsOtherThanGoodwill2022-01-3112388148core:LandBuildings2022-01-3112388148core:PlantMachinery2022-01-3112388148core:Vehicles2022-01-3112388148core:FurnitureFittings2022-01-3112388148core:OfficeEquipment2022-01-3112388148core:AfterOneYear2022-01-3112388148core:WithinOneYear2022-01-3112388148core:ListedExchangeTraded2022-01-3112388148core:UnlistedNon-exchangeTraded2022-01-3112388148core:ShareCapital2022-01-3112388148core:SharePremium2022-01-3112388148core:RevaluationReserve2022-01-3112388148core:OtherReservesSubtotal2022-01-3112388148core:RetainedEarningsAccumulatedLosses2022-01-3112388148core:NetGoodwill2021-01-3112388148core:IntangibleAssetsOtherThanGoodwill2021-01-3112388148core:LandBuildings2021-01-3112388148core:PlantMachinery2021-01-3112388148core:Vehicles2021-01-3112388148core:FurnitureFittings2021-01-3112388148core:OfficeEquipment2021-01-3112388148core:AfterOneYear2021-01-3112388148core:WithinOneYear2021-01-3112388148core:ListedExc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JOALIN LTD

Registered Number
12388148
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2022

JOALIN LTD
Company Information
for the year from 1 February 2021 to 31 January 2022

Directors

LIM-PANG, Kai Nah

Registered Address

7 Bell Yard
London
WC2A 2JR

Registered Number

12388148 (England and Wales)
JOALIN LTD
Balance Sheet as at
31 January 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets5768993
Investment property6489,469489,469
490,237490,462
Current assets
Cash at bank and on hand3071,573
3071,573
Creditors amounts falling due within one year7(152,630)(156,388)
Net current assets (liabilities)(152,323)(154,815)
Total assets less current liabilities337,914335,647
Creditors amounts falling due after one year8(337,500)(337,500)
Net assets414(1,853)
Capital and reserves
Called up share capital55
Profit and loss account409(1,858)
Shareholders' funds414(1,853)
The financial statements were approved and authorised for issue by the Director on 4 August 2022, and are signed on its behalf by:
LIM-PANG, Kai Nah
Director
Registered Company No. 12388148
JOALIN LTD
Notes to the Financial Statements
for the year ended 31 January 2022

1.Statutory information
JOALIN LTD is a private company limited by shares and incorporated in England and Wales. Its registered office is 7 Bell Yard, London, England, WC2A 2JR
2.Compliance with applicable reporting framework
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Fixtures and fittings5
Investment property policy
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at the fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss. Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.
Revenue recognition policy
Turnover represents the amount invoiced, excluding value added tax, adjusted for accrued revenue calculated by reference to the fair value of services performed to the balance sheet date but not invoiced.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for foreseeable future. Although the company has net current liabilities, an amount of £156,208 is owed to company directors. These balances will not be drawn if it would prejudice third-party creditors, thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
4.Employee information

20222021
Average number of employees during the year--
5.Property, plant and equipment

Fixtures & fittings

Total

££
Cost or valuation
At 01 February 211,1241,124
At 31 January 221,1241,124
Depreciation and impairment
At 01 February 21131131
Charge for year225225
At 31 January 22356356
Net book value
At 31 January 22768768
At 31 January 21993993
6.Investment property

£
Fair value at 01 February 21489,469
At 31 January 22489,469
7.Creditors within one year

2022

2021

££
Trade creditors / trade payables-180
Other creditors152,630156,208
Total152,630156,388
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors after one year

2022

2021

££
Bank borrowings and overdrafts337,500337,500
Total337,500337,500