Jonita Limited 2768867 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is Deepsea fishing Digita Accounts Production Advanced 6.30.9574.0 true true 2768867 2023-05-01 2024-04-30 2768867 2024-04-30 2768867 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-04-30 2768867 core:CurrentFinancialInstruments 2024-04-30 2768867 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 2768867 core:PatentsTrademarksLicencesConcessionsSimilar 2024-04-30 2768867 core:FurnitureFittingsToolsEquipment 2024-04-30 2768867 bus:SmallEntities 2023-05-01 2024-04-30 2768867 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 2768867 bus:FilletedAccounts 2023-05-01 2024-04-30 2768867 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 2768867 bus:RegisteredOffice 2023-05-01 2024-04-30 2768867 bus:Director1 2023-05-01 2024-04-30 2768867 bus:Director2 2023-05-01 2024-04-30 2768867 bus:Director3 2023-05-01 2024-04-30 2768867 bus:Director4 2023-05-01 2024-04-30 2768867 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-05-01 2024-04-30 2768867 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 2768867 core:PatentsTrademarksLicencesConcessionsSimilar 2023-05-01 2024-04-30 2768867 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 2768867 core:PlantMachinery 2023-05-01 2024-04-30 2768867 countries:AllCountries 2023-05-01 2024-04-30 2768867 2023-04-30 2768867 core:PatentsTrademarksLicencesConcessionsSimilar 2023-04-30 2768867 core:FurnitureFittingsToolsEquipment 2023-04-30 2768867 2022-05-01 2023-04-30 2768867 2023-04-30 2768867 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-04-30 2768867 core:CurrentFinancialInstruments 2023-04-30 2768867 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 2768867 core:PatentsTrademarksLicencesConcessionsSimilar 2023-04-30 2768867 core:FurnitureFittingsToolsEquipment 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 2768867

Jonita Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Jonita Limited

Contents
__________________________________________________________________________

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Jonita Limited

Company Information
__________________________________________________________________________

Directors

E Santiago Rodriguez

M Hermida

B Santiago Freire

Maria Del Carmen Santiago

Registered office

Viewlands
Broomehall Road
Coldharbour
Surrey
RH5 6HJ


 

Accountants

Brooks Green
Chartered Accountants
Abbey House
342 Regents Park Road
London
N3 2LJ

 

Jonita Limited

(Registration number: 2768867)
Balance Sheet as at 30 April 2024
__________________________________________________________________________

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

3

182,464

210,676

Tangible assets

4

22,044

34,949

 

204,508

245,625

Current assets

 

Debtors

5

109,053

198,928

Cash at bank and in hand

 

1,258,554

1,071,274

 

1,367,607

1,270,202

Creditors: Amounts falling due within one year

6

(163,962)

(158,294)

Net current assets

 

1,203,645

1,111,908

Net assets

 

1,408,153

1,357,533

Capital and reserves

 

Called up share capital

7

1,000

1,000

Retained earnings

1,407,153

1,356,533

Shareholders' funds

 

1,408,153

1,357,533

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 19 November 2024 and signed on its behalf by:
 

.........................................
Maria Del Carmen Santiago
Director

 

Jonita Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
__________________________________________________________________________

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Jonita Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
__________________________________________________________________________

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Vessel and equipment

10% RB

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Fishing licence

18%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Jonita Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
__________________________________________________________________________

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 4).

 

Jonita Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
__________________________________________________________________________

3

Intangible assets

Trademarks, patents and licenses
 £

Total
£

Cost or valuation

At 1 May 2023

291,327

291,327

At 30 April 2024

291,327

291,327

Amortisation

At 1 May 2023

80,651

80,651

Amortisation charge

28,212

28,212

At 30 April 2024

108,863

108,863

Carrying amount

At 30 April 2024

182,464

182,464

At 30 April 2023

210,676

210,676

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2023

855,355

855,355

At 30 April 2024

855,355

855,355

Depreciation

At 1 May 2023

820,406

820,406

Charge for the year

12,905

12,905

At 30 April 2024

833,311

833,311

Carrying amount

At 30 April 2024

22,044

22,044

At 30 April 2023

34,949

34,949

 

Jonita Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
__________________________________________________________________________

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

73,398

Prepayments

902

1,486

Other debtors

108,151

124,044

 

109,053

198,928

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

149,093

156,544

Taxation and social security

14,869

-

Accruals and deferred income

-

1,750

163,962

158,294

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1,000

1,000

1,000

1,000