Company registration number 14463076 (England and Wales)
ALL IS JOY (UK) LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023
ALL IS JOY (UK) LTD
COMPANY INFORMATION
Directors
Mr J P Levack
(Appointed 4 November 2022)
Mr P Tidy
(Appointed 4 November 2022)
Company number
14463076
Registered office
180 Great Portland Street
London
W1W 5QZ
Accountants
180 Great Portland Street
London
W1W 5QZ
ALL IS JOY (UK) LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Statement of changes in equity
5
Notes to the financial statements
6 - 8
ALL IS JOY (UK) LTD
DIRECTORS' REPORT
FOR THE PERIOD ENDED 30 NOVEMBER 2023
- 1 -

The directors present their annual report and financial statements for the Period ended 30 November 2023.

Principal activities

The principal activity of the company was office / studio rental and event production.

Directors

The directors who held office during the Period and up to the date of signature of the financial statements were as follows:

Mr J P Levack
(Appointed 4 November 2022)
Mr P Tidy
(Appointed 4 November 2022)
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr J P Levack
Mr P Tidy
Director
Director
28 August 2024
ALL IS JOY (UK) LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ALL IS JOY (UK) LTD
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ALL IS JOY (UK) LTD for the Period ended 30 November 2023 which comprise the profit and loss account, the balance sheet, the statement of changes in equity and the related notes from the company’s accounting records and from information and explanations you have given us.

This report is made solely to the board of directors of ALL IS JOY (UK) LTD, as a body, in accordance with the terms of our engagement letter dated 4 November 2022. Our work has been undertaken solely to prepare for your approval the financial statements of ALL IS JOY (UK) LTD. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ALL IS JOY (UK) LTD and its board of directors as a body, for our work or for this report.

It is your duty to ensure that ALL IS JOY (UK) LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of ALL IS JOY (UK) LTD. You consider that ALL IS JOY (UK) LTD is exempt from the statutory audit requirement for the Period.

We have not been instructed to carry out an audit or a review of the financial statements of ALL IS JOY (UK) LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

YMU Business Management
28 August 2024
Accountants
180 Great Portland Street
London
W1W 5QZ
ALL IS JOY (UK) LTD
PROFIT AND LOSS ACCOUNT
FOR THE PERIOD ENDED 30 NOVEMBER 2023
- 3 -
Period
ended
30 November
2023
£
Turnover
173,512
Cost of sales
(29,534)
Gross profit
143,978
Administrative expenses
(166,590)
Operating loss
(22,612)
Interest receivable and similar income
25
Interest payable and similar expenses
(12)
Loss before taxation
(22,599)
Tax on loss
-
0
Loss for the financial Period
(22,599)

The profit and loss account has been prepared on the basis that all operations are continuing operations.

ALL IS JOY (UK) LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2023
30 November 2023
- 4 -
2023
Notes
£
£
Fixed assets
Tangible assets
3
2,699
Current assets
Stocks
3,800
Debtors
4
17,979
Cash at bank and in hand
22,432
44,211
Creditors: amounts falling due within one year
5
(64,229)
Net current liabilities
(20,018)
Net liabilities
(17,319)
Capital and reserves
Called up share capital
300
Share premium account
4,980
Profit and loss reserves
(22,599)
Total equity
(17,319)

For the financial Period ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 28 August 2024 and are signed on its behalf by:
Mr J P Levack
Mr P Tidy
Director
Director
Company registration number 14463076 (England and Wales)
ALL IS JOY (UK) LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 NOVEMBER 2023
- 5 -
Share capital
Share premium account
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 4 November 2022
-
0
-
0
-
0
-
Period ended 30 November 2023:
Loss and total comprehensive income
-
-
(22,599)
(22,599)
Issue of share capital
300
4,980
-
5,280
Balance at 30 November 2023
300
4,980
(22,599)
(17,319)
ALL IS JOY (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023
- 6 -
1
Accounting policies
Company information

ALL IS JOY (UK) LTD is a private company limited by shares incorporated in England and Wales. The registered office is 180 Great Portland Street, London, W1W 5QZ.

1.1
Reporting period

The company was incorporated on the 4th November 2022, this has resulted in a reporting period of 13 Months.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings and equipment
25% reducing value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Financial instruments

The company only had basic financial instruments.

ALL IS JOY (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2023
1
Accounting policies
(Continued)
- 7 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

2
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2023
Number
Total
7
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 4 November 2022
-
0
Additions
3,064
At 30 November 2023
3,064
Depreciation and impairment
At 4 November 2022
-
0
Depreciation charged in the Period
365
At 30 November 2023
365
Carrying amount
At 30 November 2023
2,699
4
Debtors
2023
Amounts falling due within one year:
£
Trade debtors
13,358
Other debtors
4,621
17,979
ALL IS JOY (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2023
- 8 -
5
Creditors: amounts falling due within one year
2023
£
Trade creditors
16,421
Taxation and social security
8,687
Other creditors
39,121
64,229
ALL IS JOY (UK) LTD
MANAGEMENT INFORMATION
FOR THE PERIOD ENDED 30 NOVEMBER 2023
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