Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-07-01falseThe principal activity of the company was that of management consultancy activities.11truetrue 10209216 2022-07-01 2023-06-30 10209216 2021-07-01 2022-06-30 10209216 2023-06-30 10209216 2022-06-30 10209216 c:Director1 2022-07-01 2023-06-30 10209216 d:OfficeEquipment 2022-07-01 2023-06-30 10209216 d:OfficeEquipment 2023-06-30 10209216 d:OfficeEquipment 2022-06-30 10209216 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10209216 d:CurrentFinancialInstruments 2023-06-30 10209216 d:CurrentFinancialInstruments 2022-06-30 10209216 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10209216 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10209216 d:ShareCapital 2023-06-30 10209216 d:ShareCapital 2022-06-30 10209216 d:RetainedEarningsAccumulatedLosses 2023-06-30 10209216 d:RetainedEarningsAccumulatedLosses 2022-06-30 10209216 c:OrdinaryShareClass1 2022-07-01 2023-06-30 10209216 c:OrdinaryShareClass1 2023-06-30 10209216 c:FRS102 2022-07-01 2023-06-30 10209216 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10209216 c:FullAccounts 2022-07-01 2023-06-30 10209216 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10209216














JOLENA LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 JUNE 2023

 
JOLENA LTD
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5


 
JOLENA LTD
REGISTERED NUMBER:10209216

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,342
1,050

Current assets
  

Debtors: amounts falling due within one year
 5 
31,957
21

Cash at bank and in hand
  
90,717
166,550

  
122,674
166,571

Creditors: amounts falling due within one year
 6 
(31,635)
(23,530)

Net current assets
  
 
 
91,039
 
 
143,041

  

Net assets
  
93,381
144,091


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
93,281
143,991

  
93,381
144,091


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




E Bakech
Director

Date: 7 March 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
JOLENA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Jolena Ltd is a limited liability company incorporated in England and Wales with its registered office at      5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD.

The principal activity of the company was that of management consultancy activities.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

Page 2

 
JOLENA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.7

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 
JOLENA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 July 2022
3,353


Additions
2,531


Disposals
(2,224)



At 30 June 2023

3,660



Depreciation


At 1 July 2022
2,304


Charge for the year on owned assets
781


Disposals
(1,767)



At 30 June 2023

1,318



Net book value



At 30 June 2023
2,342



At 30 June 2022
1,050

Page 4

 
JOLENA LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Other debtors
586
21

Prepayments and accrued income
31,371
-

31,957
21



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Taxation and social security
24,788
16,904

Other creditors
4,060
4,060

Accruals and deferred income
2,787
2,566

31,635
23,530



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100


 
Page 5