1 false false false false false false false false false true false false false false false false No description of principal activity 2021-08-01 Sage Accounts Production Advanced 2021 - FRS102_2021 1,207 1,120 2,327 424 491 915 1,412 783 xbrli:pure xbrli:shares iso4217:GBP 08136716 2021-08-01 2022-07-31 08136716 2022-07-31 08136716 2021-07-31 08136716 2020-08-01 2021-07-31 08136716 2021-07-31 08136716 bus:Director1 2021-08-01 2022-07-31 08136716 core:WithinOneYear 2022-07-31 08136716 core:WithinOneYear 2021-07-31 08136716 core:ShareCapital 2022-07-31 08136716 core:ShareCapital 2021-07-31 08136716 core:RetainedEarningsAccumulatedLosses 2022-07-31 08136716 core:RetainedEarningsAccumulatedLosses 2021-07-31 08136716 bus:SmallEntities 2021-08-01 2022-07-31 08136716 bus:AuditExemptWithAccountantsReport 2021-08-01 2022-07-31 08136716 bus:FullAccounts 2021-08-01 2022-07-31 08136716 bus:SmallCompaniesRegimeForAccounts 2021-08-01 2022-07-31 08136716 bus:PrivateLimitedCompanyLtd 2021-08-01 2022-07-31 08136716 core:OfficeEquipment 2021-08-01 2022-07-31 08136716 core:OfficeEquipment 2021-07-31 08136716 core:OfficeEquipment 2022-07-31
COMPANY REGISTRATION NUMBER: 08136716
JANEY HOLLIDAY LIMITED
Filleted Unaudited Financial Statements
31 July 2022
JANEY HOLLIDAY LIMITED
Statement of Financial Position
31 July 2022
2022
2021
Note
£
£
£
Fixed assets
Tangible assets
5
1,412
783
Current assets
Debtors
6
5,604
9,280
Cash at bank and in hand
3,235
10,868
-------
--------
8,839
20,148
Creditors: amounts falling due within one year
7
18,048
26,018
--------
--------
Net current liabilities
9,209
5,870
-------
-------
Total assets less current liabilities
( 7,797)
( 5,087)
-------
-------
Net liabilities
( 7,797)
( 5,087)
-------
-------
Capital and reserves
Called up share capital
2
2
Profit and loss account
( 7,799)
( 5,089)
-------
-------
Shareholders deficit
( 7,797)
( 5,087)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
JANEY HOLLIDAY LIMITED
Statement of Financial Position (continued)
31 July 2022
These financial statements were approved by the board of directors and authorised for issue on 23 October 2023 , and are signed on behalf of the board by:
Ms J Holliday
Director
Company registration number: 08136716
JANEY HOLLIDAY LIMITED
Notes to the Financial Statements
Year ended 31 July 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipments
-
25% straight line
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2021: 1 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 August 2021
1,207
1,207
Additions
1,120
1,120
-------
-------
At 31 July 2022
2,327
2,327
-------
-------
Depreciation
At 1 August 2021
424
424
Charge for the year
491
491
-------
-------
At 31 July 2022
915
915
-------
-------
Carrying amount
At 31 July 2022
1,412
1,412
-------
-------
At 31 July 2021
783
783
-------
-------
6. Debtors
2022
2021
£
£
Other debtors
5,604
9,280
-------
-------
7. Creditors: amounts falling due within one year
2022
2021
£
£
Bank loans and overdrafts
7,698
9,200
Corporation tax
1,336
2,288
Other creditors
9,014
14,530
--------
--------
18,048
26,018
--------
--------