Company Registration No. 09943659 (England and Wales)
JIMMY D LIMITED
Unaudited accounts
for the year ended 31 January 2024
JIMMY D LIMITED
Unaudited accounts
Contents
JIMMY D LIMITED
Company Information
for the year ended 31 January 2024
Directors
Folajimi Daodu
Samuel Ajala
Company Number
09943659 (England and Wales)
Registered Office
10 Whites Road
London
E1 7NF
Accountants
Arthur Hamilton Accountancy
124 City Road
London
EC1V 2NX
JIMMY D LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
16,428
16,148
Investment property
231,355
231,355
Cash at bank and in hand
672
4,471
Creditors: amounts falling due within one year
(16,482)
(13,378)
Net current liabilities
(15,800)
(8,897)
Total assets less current liabilities
231,983
238,606
Creditors: amounts falling due after more than one year
(228,144)
(225,323)
Called up share capital
20
20
Profit and loss account
3,819
13,263
Shareholders' funds
3,839
13,283
For the year ending 31 January 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 28 October 2024 and were signed on its behalf by
Folajimi Daodu
Director
Company Registration No. 09943659
JIMMY D LIMITED
Notes to the Accounts
for the year ended 31 January 2024
JIMMY D LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09943659. The registered office is 10 Whites Road, London, E1 7NF.
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.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.
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:
Plant & machinery
10% on Straight Line Basis
Motor vehicles
20% on Straight Line Basis
Fixtures & fittings
33.33% on Straight Line Basis
Computer equipment
33.33% on Straight Line Basis
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
JIMMY D LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Total
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20
20
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
LOAN FROM DIRECTOR
(45,261)
-
-
(45,261)
LOAN FROM DIRECTOR
15,918
-
-
15,918
LOAN FROM DIRECTOR
(68,020)
-
-
(68,020)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).