4 February 2022 false No description of principal activity Taxfiler 2023.10 13893629business:PrivateLimitedCompanyLtd2022-02-042023-02-28 138936292022-02-03 138936292022-02-042023-02-28 13893629business:AuditExempt-NoAccountantsReport2022-02-042023-02-28 13893629business:FilletedAccounts2022-02-042023-02-28 138936292023-02-28 13893629business:Director12022-02-042023-02-28 13893629business:RegisteredOffice2022-02-042023-02-28 13893629core:WithinOneYear2023-02-28 13893629core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13893629core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13893629core:PreviouslyStatedAmount2023-02-28 13893629business:SmallEntities2022-02-042023-02-28 13893629countries:EnglandWales2022-02-042023-02-28 13893629core:Goodwill2022-02-03 13893629core:IntangibleAssetsOtherThanGoodwill2022-02-03 13893629core:Goodwill2022-02-042023-02-28 13893629core:IntangibleAssetsOtherThanGoodwill2022-02-042023-02-28 13893629core:Goodwill2023-02-28 13893629core:IntangibleAssetsOtherThanGoodwill2023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13893629 (England and Wales)
J Olanya Sports Ltd Unaudited accounts for the period from 4 February 2022 to 28 February 2023
J Olanya Sports Ltd Unaudited accounts Contents
Page
- 2 -
J Olanya Sports Ltd Company Information for the period from 4 February 2022 to 28 February 2023
Director
James Olanya
Company Number
13893629 (England and Wales)
Registered Office
172-174 ALBERT ROAD JARROW NE32 5JA ENGLAND
- 3 -
J Olanya Sports Ltd Statement of financial position as at 28 February 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
12,000 
Current assets
Debtors
48 
Cash at bank and in hand
569 
617 
Creditors: amounts falling due within one year
(14,425)
Net current liabilities
(13,808)
Net liabilities
(1,808)
Capital and reserves
Called up share capital
1 
Profit and loss account
(1,809)
Shareholders' funds
(1,808)
For the period ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 November 2023 and were signed on its behalf by
James Olanya Director Company Registration No. 13893629
- 4 -
J Olanya Sports Ltd Notes to the Accounts for the period from 4 February 2022 to 28 February 2023
1
Statutory information
J Olanya Sports Ltd is a private company, limited by shares, registered in England and Wales, registration number 13893629. The registered office is 172-174 ALBERT ROAD, JARROW, NE32 5JA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 4 February 2022
- 
- 
- 
Additions
- 
15,000 
15,000 
At 28 February 2023
- 
15,000 
15,000 
Amortisation
At 4 February 2022
- 
- 
- 
Charge for the period
3,000 
- 
3,000 
At 28 February 2023
3,000 
- 
3,000 
Net book value
At 28 February 2023
(3,000)
15,000 
12,000 
Franchise Licence amortised straight line over 5 years
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
48 
- 5 -
J Olanya Sports Ltd Notes to the Accounts for the period from 4 February 2022 to 28 February 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Other creditors
583 
Loans from directors
13,842 
14,425 
7
Average number of employees
During the period the average number of employees was 0.
- 6 -