JOLLYSAILOR BARBELL LIMITED

Company Registration Number:
14679307 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 21 February 2023

End date: 28 February 2024

JOLLYSAILOR BARBELL LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

JOLLYSAILOR BARBELL LIMITED

Company Information

for the Period Ended 28 February 2024




Director: William Gibson
Registered office: Jollysailor Crossfit
Longdowns Industrial Estate
Longdowns
Penryn
GBR
TR10 9NA
Company Registration Number: 14679307 (England and Wales)

JOLLYSAILOR BARBELL LIMITED

Directors' Report Period Ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Directors

The directors shown below have held office during the whole of the period from 21 February 2023 to 28 February 2024
William Gibson

This report was approved by the board of directors on 29 October 2024
And Signed On Behalf Of The Board By:

Name: William Gibson
Status: Director

JOLLYSAILOR BARBELL LIMITED

Profit and Loss Account

for the Period Ended 28 February 2024


Notes

2024
£
Turnover 5,300
Cost of sales ( 3,000 )
Gross Profit or (Loss) 2,300
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 550 )
Other operating income 0
Operating Profit or (Loss) 1,750
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 1,750
Tax on Profit ( 0 )
Profit or (Loss) for Period 1,750

The notes form part of these financial statements

JOLLYSAILOR BARBELL LIMITED

Balance sheet

As at 28 February 2024


Notes

2024
£
Fixed assets
Intangible assets: 4 135
Tangible assets: 5 1,100
Total fixed assets: 1,235
Current assets
Stocks: 0
Debtors: 6 25
Cash at bank and in hand: 470
Total current assets: 495
Prepayments and accrued income: 25
Creditors: amounts falling due within one year: 7 ( 65 )
Net current assets (liabilities): 455
Total assets less current liabilities: 1,690
Creditors: amounts falling due after more than one year: 8 ( 20 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 25 )
Total net assets (liabilities): 1,645

The notes form part of these financial statements

JOLLYSAILOR BARBELL LIMITED

Balance sheet continued

As at 28 February 2024


Notes

2024
£
Capital and reserves
Called up share capital: 1,000
Revaluation reserve: 9 0
Profit and loss account: 645
Shareholders funds: 1,645

For the year ending 28 February 2024 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 29 October 2024
And Signed On Behalf Of The Board By:

Name: William Gibson
Status: Director

The notes form part of these financial statements

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 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

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 3. Off balance sheet disclosure

    No

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Intangible assets

Goodwill Total
Cost £ £
Additions 100 100
Disposals ( 85 ) ( 85 )
Revaluations 92 92
Transfers 28 28
At 28 February 2024 135 135
Amortisation
Charge for year 10 10
On disposals ( 35 ) ( 35 )
Other adjustments 25 25
Amortisation at 28 February 2024 0 0
Net book value
Net book value at 28 February 2024 135 135

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Tangible assets

Office equipment Total
Cost £ £
Additions 1,500 1,500
Disposals ( 600 ) ( 600 )
Revaluations 100 100
Transfers 100 100
At 28 February 2024 1,100 1,100
Depreciation
Charge for year 300 300
On disposals ( 500 ) ( 500 )
Other adjustments 200 200
At 28 February 2024 0 0
Net book value
At 28 February 2024 1,100 1,100

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Debtors


2024
£
Trade debtors 25
Prepayments and accrued income 0
Other debtors 0
Total 25

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

7.Creditors: amounts falling due within one year note


2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 65
Accruals and deferred income 0
Other creditors 0
Total 65

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

8.Creditors: amounts falling due after more than one year


2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 20
Total 20

JOLLYSAILOR BARBELL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

9. Revaluation reserve


2024
£
Surplus or deficit after revaluation 0
Balance at 28 February 2024 0