JOSEY CONSULTING LTD

Company Registration Number:
10622446 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

JOSEY CONSULTING LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

JOSEY CONSULTING LTD

Company Information

for the Period Ended 28 February 2023




Director: FOLAKEMI ODUSANYA
Secretary: DIRECTOR
Registered office: Flat 10
Wickham Lane
London
England
SE2 0XH
Company Registration Number: 10622446 (England and Wales)

JOSEY CONSULTING LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

Payroll services Business case & Project support Process improvement Self employment tax returns Corporation tax preparation Book Keeping and Accounts Vat Return Business/system transformation Business integration

Additional information

Their are qualifying third parties indemnity provisions, they are: Employers' liability indemnity Professional liability indemnity Public liability indemnity Money Laundering Regulations

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
FOLAKEMI ODUSANYA

Secretary
DIRECTOR

This report was approved by the board of directors on 21 November 2023
And Signed On Behalf Of The Board By:

Name: FOLAKEMI ODUSANYA
Status: Director

JOSEY CONSULTING LTD

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 166,022 112,178
Cost of sales ( 54,000 ) ( 83,985 )
Gross Profit or (Loss) 112,022 28,193
Distribution Costs ( 76,880 ) ( 38,512 )
Administrative Expenses ( 32,889 ) ( 25,980 )
Operating Profit or (Loss) 2,253 ( 36,299 )
Profit or (Loss) Before Tax 2,253 ( 36,299 )
Tax on Profit ( 428 ) -
Profit or (Loss) for Period 1,825 ( 36,299 )

The notes form part of these financial statements

JOSEY CONSULTING LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,839 1,952
Total fixed assets: 2,839 1,952
Current assets
Stocks: 38,588
Debtors: 5 14,400 8,421
Cash at bank and in hand: 32 901
Total current assets: 14,432 47,910
Creditors: amounts falling due within one year: 6 ( 1,153 ) ( 800 )
Net current assets (liabilities): 13,279 47,110
Total assets less current liabilities: 16,118 49,062
Creditors: amounts falling due after more than one year: 7 ( 54,523 ) ( 46,220 )
Total net assets (liabilities): ( 38,405 ) 2,842

The notes form part of these financial statements

JOSEY CONSULTING LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 8 ( 39,934 ) 2,742
Profit and loss account: 1,429
Shareholders funds: ( 38,405 ) 2,842

For the year ending 28 February 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.

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 21 November 2023
And Signed On Behalf Of The Board By:

Name: FOLAKEMI ODUSANYA
Status: Director

The notes form part of these financial statements

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 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 represents the value, net value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers and other consultancy activities

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

    Office Equipment 20% straight line
    Motor Vehicles 25% straight line

    Valuation information and policy

    Stock is valued at the lower of cost and net realised value.

    Other accounting policies

    Additional Information: Their are qualifying third parties indemnity provisions, they are: Employers' liability indemnity Professional liability indemnity Public liability indemnity Money Laundering Requlations

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

    The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2022 1,952 1,952
Additions 1,730 1,730
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 3,682 3,682
Depreciation
At 01 March 2022 - -
Charge for year 843 843
On disposals - -
Other adjustments - -
At 28 February 2023 843 843
Net book value
At 28 February 2023 2,839 2,839
At 28 February 2022 1,952 1,952

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Office Equipment 20% straight line
Motor Vehicles 25% straight line

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Trade debtors 14,400 8,421
Total 14,400 8,421

Aged Debtor
The aged debtors report is broken down in full to provide clear information on how much each customer owe, who owes the business the most money, how long each customer owes and when the payment is made.

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 1,153 800
Total 1,153 800

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 32,500 42,000
Other creditors 22,023 4,220
Total 54,523 46,220

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

8. Revaluation reserve


2023
£
Balance at 01 March 2022 2,742
Surplus or deficit after revaluation ( 42,676 )
Balance at 28 February 2023 ( 39,934 )

JOSEY CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 9. Financial Commitments

    There is an estimate for an office space and setting up of a good office space - this is forecasted to be £45000.