Company Registration No. 11654560 (England and Wales)
Jolovana Ltd
Unaudited accounts
for the year ended 30 November 2023
Jolovana Ltd
Unaudited accounts
Contents
Jolovana Ltd
Company Information
for the year ended 30 November 2023
Directors
Joseph Lee
Louisa Lui
Company Number
11654560 (England and Wales)
Registered Office
41 Fernwood Drive
Rugeley
WS15 2PX
Accountants
DB Accountancy Ltd
15 Owlscastle Close
Horsham
West Sussex
RH12 5YA
Jolovana Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
170,236
170,306
Total assets less current liabilities
170,236
170,306
Creditors: amounts falling due after more than one year
(192,484)
(190,801)
Net liabilities
(22,248)
(20,495)
Called up share capital
2
2
Profit and loss account
(22,250)
(20,497)
Shareholders' funds
(22,248)
(20,495)
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by
Joseph Lee
Director
Company Registration No. 11654560
Jolovana Ltd
Notes to the Accounts
for the year ended 30 November 2023
Jolovana Ltd is a private company, limited by shares, registered in England and Wales, registration number 11654560. The registered office is 41 Fernwood Drive, Rugeley, WS15 2PX.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% - straight line basis
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
170,236
579
170,815
At 30 November 2023
170,236
579
170,815
At 1 December 2022
-
509
509
Charge for the year
-
70
70
At 30 November 2023
-
579
579
At 30 November 2023
170,236
-
170,236
At 30 November 2022
170,236
70
170,306
5
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
192,484
190,801
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).