1 March 2023 false No description of principal activity Taxfiler 2024.6 SC372532business:PrivateLimitedCompanyLtd2023-03-012024-02-29 SC3725322023-02-28 SC3725322023-03-012024-02-29 SC372532business:AuditExemptWithAccountantsReport2023-03-012024-02-29 SC372532business:FilletedAccounts2023-03-012024-02-29 SC3725322024-02-29 SC372532business:Director12023-03-012024-02-29 SC372532business:Director22023-03-012024-02-29 SC372532business:RegisteredOffice2023-03-012024-02-29 SC3725322023-02-28 SC372532core:WithinOneYear2024-02-29 SC372532core:WithinOneYear2023-02-28 SC372532core:AfterOneYear2024-02-29 SC372532core:AfterOneYear2023-02-28 SC372532core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC372532core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC372532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC372532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC372532core:PreviouslyStatedAmount2024-02-29 SC372532core:PreviouslyStatedAmount2023-02-28 SC372532business:SmallEntities2023-03-012024-02-29 SC372532countries:Scotland2023-03-012024-02-29 SC372532core:ComputerEquipment2023-03-012024-02-29 SC372532core:ComputerEquipment2023-02-28 SC372532core:ComputerEquipment2024-02-29 SC372532business:OrdinaryShareClass12023-03-012024-02-29 SC372532business:OrdinaryShareClass12022-03-012023-02-28 SC3725322022-03-012023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC372532 (Scotland)
J&O Enterprise Limited Unaudited accounts for the year ended 29 February 2024
J&O Enterprise Limited Unaudited accounts Contents
Page
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J&O Enterprise Limited Company Information for the year ended 29 February 2024
Directors
Y Othman H Ibrahim
Company Number
SC372532 (Scotland)
Registered Office
Douglas House 42 Main Street Milngavie Glasgow G62 6BU Scotland
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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J&O Enterprise Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
95 
119 
Current assets
Debtors
2,570 
7,065 
Cash at bank and in hand
22 
124 
2,592 
7,189 
Creditors: amounts falling due within one year
(3,430)
(4,023)
Net current (liabilities)/assets
(838)
3,166 
Total assets less current liabilities
(743)
3,285 
Creditors: amounts falling due after more than one year
(1,819)
(3,081)
Net (liabilities)/assets
(2,562)
204 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(2,564)
202 
Shareholders' funds
(2,562)
204 
For the year ending 29 February 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.
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 21 November 2024 and were signed on its behalf by
Y Othman Director Company Registration No. SC372532
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J&O Enterprise Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
J&O Enterprise Limited is a private company, limited by shares, registered in Scotland, registration number SC372532. The registered office is Douglas House, 42 Main Street, Milngavie, Glasgow, G62 6BU, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents invoiced sales to external customers, excluding value added tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,400 
At 29 February 2024
1,400 
Depreciation
At 1 March 2023
1,281 
Charge for the year
24 
At 29 February 2024
1,305 
Net book value
At 29 February 2024
95 
At 28 February 2023
119 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,570 
7,065 
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J&O Enterprise Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,279 
1,279 
Taxes and social security
(11)
2,094 
Loans from directors
962 
- 
Accruals
1,200 
650 
3,430 
4,023 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,819 
3,081 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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