1 October 2022 v2024.8.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBPSC4150692022-10-012023-09-30SC4150692023-09-30SC4150692022-09-30SC415069core:WithinOneYear2023-09-30SC415069core:WithinOneYear2022-09-30SC415069core:ShareCapital2023-09-30SC415069core:ShareCapital2022-09-30SC415069core:RetainedEarningsAccumulatedLosses2023-09-30SC415069core:RetainedEarningsAccumulatedLosses2022-09-30SC415069bus:Director12022-10-012023-09-30SC415069bus:RegisteredOffice2022-10-012023-09-30SC4150692021-10-012022-09-30SC415069core:PlantMachinery2022-10-01SC415069core:PlantMachinery2022-10-012023-09-30SC415069core:PlantMachinery2023-09-30SC415069core:PlantMachinery2022-09-30SC415069core:CostValuation2022-10-01SC415069core:CostValuation2023-09-30SC41506912022-10-012023-09-30SC415069countries:Scotland2022-10-012023-09-30SC415069bus:AuditExemptWithAccountantsReport2022-10-012023-09-30SC415069bus:PrivateLimitedCompanyLtd2022-10-012023-09-30SC415069bus:SmallEntities2022-10-012023-09-30SC415069bus:FullAccounts2022-10-012023-09-30
Company registration number:
SC415069
Jungle Rumble (Holdings) Limited
Unaudited Filleted Financial Statements for the year ended
30 September 2023
Jungle Rumble (Holdings) Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Jungle Rumble (Holdings) Limited
Year ended
30 September 2023
As described on the statement of financial position, the Board of Directors of
Jungle Rumble (Holdings) Limited
are responsible for the preparation of the
financial statements
for the year ended
30 September 2023
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Horizon Chartered Accountants
12 Somerset Place
Glasgow
G3 7 JT
United Kingdom
Date:
3 April 2024
Jungle Rumble (Holdings) Limited
Statement of Financial Position
30 September 2023
20232022
Note££
Fixed assets    
Tangible assets 5
7,522
 
12,406
 
Investments 6
5
 
5
 
7,527
 
12,411
 
Current assets    
Stocks -  
30,468
 
Debtors 7
1,806,837
 
997,282
 
Cash at bank and in hand
51,511
 
8,068
 
1,858,348
 
1,035,818
 
Creditors: amounts falling due within one year 8
(782,621
)
(718,720
)
Net current assets
1,075,727
 
317,098
 
Total assets less current liabilities 1,083,254   329,509  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
1,083,154
 
329,409
 
Shareholders funds
1,083,254
 
329,509
 
For the year ending
30 September 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
3 April 2024
, and are signed on behalf of the board by:
Mr Angus Wright
Director
Company registration number:
SC415069
Jungle Rumble (Holdings) Limited
Notes to the Financial Statements
Year ended
30 September 2023

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
c/o Horizon CA
,
12 Somerset Place
,
Glasgow
,
G3 7JT
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and 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 assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, 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.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2022:
2.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 October 2022
21,581
 
Additions
1,590
 
At
30 September 2023
23,171
 
Depreciation  
At
1 October 2022
9,175
 
Charge
6,474
 
At
30 September 2023
15,649
 
Carrying amount  
At
30 September 2023
7,522
 
At 30 September 2022
12,406
 

6 Investments

Other investments other than loans
£
Cost  
At
1 October 2022
5
 
At
30 September 2023
5
 
Impairment  
At
1 October 2022
and
30 September 2023
-  
Carrying amount  
At
30 September 2023
5
 
At 30 September 2022
5
 

7 Debtors

20232022
££
Amounts owed by group undertakings and undertakings in which the company has a participating interest
1,806,837
 
994,420
 
Other debtors -  
2,862
 
1,806,837
 
997,282
 
At 30th September 2021, £357,901 (2020: £357,901) was due from Besila Investments Ltd, a company in which Vivienne Wright is a director. The other amounts above are due from and to companies in which Angus and Vivienne Wright are directors.

8 Creditors: amounts falling due within one year

20232022
££
Trade creditors
10,586
 
5,149
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
769,341
 
713,571
 
Taxation and social security
1,031
  -  
Other creditors
1,663
  -  
782,621
 
718,720