Company Registration No. 03791341 (England and Wales)
Jungleland Limited
Unaudited accounts
for the year ended 31 March 2023
Jungleland Limited
Unaudited accounts
Contents
Jungleland Limited
Company Information
for the year ended 31 March 2023
Director
Mr M C J Nicholas
Company Number
03791341 (England and Wales)
Registered Office
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ
Accountants
Wellden Turnbull Limited
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ
Jungleland Limited
Statement of financial position
as at 31 March 2023
Investments
3,322,745
3,452,615
Cash at bank and in hand
199,735
218,172
Creditors: amounts falling due within one year
(16,697)
(13,977)
Net current assets
183,058
204,434
Total assets less current liabilities
3,505,803
3,657,049
Provisions for liabilities
Deferred tax
(178,681)
(219,288)
Net assets
3,327,122
3,437,761
Called up share capital
2
2
Profit and loss account
3,327,120
3,437,759
Shareholders' funds
3,327,122
3,437,761
For the year ending 31 March 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 1 April 2024 and were signed on its behalf by
Mr M C J Nicholas
Director
Company Registration No. 03791341
Jungleland Limited
Notes to the Accounts
for the year ended 31 March 2023
Jungleland Limited is a private company, limited by shares, registered in England and Wales, registration number 03791341. The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency transactions and balances
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method.
Dividends on equity securities are recognised in income when receivable.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Jungleland Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Investments
Other investments
Valuation at 1 April 2022
3,452,615
Fair value adjustments
(140,272)
Valuation at 31 March 2023
3,322,745
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,080
6,949
Loans from directors
7,307
4,907
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).