JNOD LTD

Company Registration Number:
12625543 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

JNOD LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

JNOD LTD

Company Information

for the Period Ended 31 May 2023




Director: Joseph Idaye
Registered office: 107
Burdett Road
London
England
E3 4JN
Company Registration Number: 12625543 (England and Wales)

JNOD LTD

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Principal Activities

The principal activity of the company is IT Consultancy Service.

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Joseph Idaye

This report was approved by the board of directors on 22 February 2024
And Signed On Behalf Of The Board By:

Name: Joseph Idaye
Status: Director

JNOD LTD

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 87,210 92,219
Cost of sales ( 3,355 ) ( 2,488 )
Gross Profit or (Loss) 83,855 89,731
Administrative Expenses ( 74,897 ) ( 72,303 )
Operating Profit or (Loss) 8,958 17,428
Profit or (Loss) Before Tax 8,958 17,428
Tax on Profit ( 1,702 ) ( 3,311 )
Profit or (Loss) for Period 7,256 14,117

The notes form part of these financial statements

JNOD LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 832 868
Total fixed assets: 832 868
Current assets
Cash at bank and in hand: 20,605 17,647
Total current assets: 20,605 17,647
Creditors: amounts falling due within one year: 5 ( 6,896 ) ( 8,230 )
Net current assets (liabilities): 13,709 9,417
Total assets less current liabilities: 14,541 10,285
Total net assets (liabilities): 14,541 10,285

The notes form part of these financial statements

JNOD LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 14,540 10,284
Shareholders funds: 14,541 10,285

For the year ending 31 May 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 22 February 2024
And Signed On Behalf Of The Board By:

Name: Joseph Idaye
Status: Director

The notes form part of these financial statements

JNOD LTD

Notes to the Financial Statements

for the Period Ended 31 May 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

JNOD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

JNOD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

JNOD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 June 2022 986 986
Additions 56 56
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2023 1,042 1,042
Depreciation
At 01 June 2022 118 118
Charge for year 92 92
On disposals - -
Other adjustments - -
At 31 May 2023 210 210
Net book value
At 31 May 2023 832 832
At 31 May 2022 868 868

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 10% reducinng balance.

JNOD LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 6,849 7,719
Other creditors 47 511
Total 6,896 8,230