INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Company Registration Number:
06952020 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Company Information

for the Period Ended 31 July 2023




Director: N Kershaw
Secretary: N Kershaw
Registered office: Independent Jiu-Jitsu Organisation (U.K) Limited
Duchess Street
Shaw
Oldham
OL2 7UT
Company Registration Number: 06952020 (England and Wales)

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 1,909 1,707
Total fixed assets: 1,909 1,707
Current assets
Stocks: 7,957 5,683
Cash at bank and in hand: 4,038 6,389
Total current assets: 11,995 12,072
Creditors: amounts falling due within one year: ( 1,790 ) ( 1,756 )
Net current assets (liabilities): 10,205 10,316
Total assets less current liabilities: 12,114 12,023
Provision for liabilities: ( 363 ) ( 324 )
Total net assets (liabilities): 11,751 11,699

The notes form part of these financial statements

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 11,731 11,679
Shareholders funds: 11,751 11,699

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 November 2023
And Signed On Behalf Of The Board By:

Name: N Kershaw
Status: Director

The notes form part of these financial statements

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company trade discounts

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation

    Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

    Fixtures and Fittings - 15 % per annum of net book value
    Motor Vehicles - 25% per annum of net book value

    Other accounting policies

    The financial statements are prepared under the historical cost convention and incorporate the results of the principal activity which is described in the directors' report and which is continuing. Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Debtors The Directors have decided that no provision is required for bad or doubtful debts. Deferred taxation Provision is made for taxation deferred as a result of material timing differences between the incidence of income and expenditure for taxation purposes, using the liability method, only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the near

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Dividends


2023
£

2022
£
Dividends paid 500 5,000

INDEPENDENT JIU-JITSU ORGANISATION (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible Assets

Total
Cost £
At 01 August 2022 7,971
Additions 627
Disposals -
Revaluations -
Transfers -
At 31 July 2023 8,598
Depreciation
At 01 August 2022 6,264
Charge for year 425
On disposals -
Other adjustments -
At 31 July 2023 6,689
Net book value
At 31 July 2023 1,909
At 31 July 2022 1,707