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Company Registration No. 09216164 (England and Wales)
JK Taiwo and Sons Limited Unaudited Accounts for the year ended 30 September 2023
JK Taiwo and Sons Limited Unaudited Accounts Contents
Page
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JK Taiwo and Sons Limited Company Information for the year ended 30 September 2023
Director
Johnson Taiwo Kolawole
Company Number
09216164 (England and Wales)
Registered Office
6 Garrard Close Luton LU3 2FE England
Accountants
NATMAX LTD 9 Deepfield Way Coulsdon Surrey CR5 2SY
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JK Taiwo and Sons Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
387 
4,260 
Creditors: amounts falling due within one year
1,441 
679 
Net current assets
1,828 
4,939 
Total assets less current liabilities
1,828 
4,939 
Creditors: amounts falling due after more than one year
(5,327)
(5,692)
Net liabilities
(3,499)
(753)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,500)
(754)
Shareholders' funds
(3,499)
(753)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 March 2024 and were signed on its behalf by
Johnson Taiwo Kolawole Director Company Registration No. 09216164
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JK Taiwo and Sons Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
JK Taiwo and Sons Limited is a private company, limited by shares, registered in England and Wales, registration number 09216164. The registered office is 6 Garrard Close, Luton, LU3 2FE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,380 
377 
Loans from directors
(3,471)
(1,441)
Accruals
650 
385 
(1,441)
(679)
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,327 
5,692 
Government Bounce Back Loan
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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