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Company Registration No. SC674909 (Scotland)
J2 Associates Ltd Unaudited accounts for the year ended 30 September 2024
J2 Associates Ltd Unaudited accounts Contents
Page
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J2 Associates Ltd Company Information for the year ended 30 September 2024
Director
HASSAN, Olayemi Kazeem
Company Number
SC674909 (Scotland)
Registered Office
7 Southhouse Crescent Edinburgh Midlothian EH17 8FJ Scotland
Accountants
Wrights Consulting Ltd 14 Dovedale Road Dartford Kent DA2 6JJ
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J2 Associates Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
24,699 
133,323 
Cash at bank and in hand
20,239 
21,708 
44,938 
155,031 
Creditors: amounts falling due within one year
(70,187)
(95,793)
Net current (liabilities)/assets
(25,249)
59,238 
Total assets less current liabilities
(25,249)
59,238 
Provisions for liabilities
Other provisions
- 
(124,500)
Net liabilities
(25,249)
(65,262)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(25,251)
(65,264)
Shareholders' funds
(25,249)
(65,262)
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 26 October 2024 and were signed on its behalf by
HASSAN, Olayemi Kazeem Director Company Registration No. SC674909
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J2 Associates Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
J2 Associates Ltd is a private company, limited by shares, registered in Scotland, registration number SC674909. The registered office is 7 Southhouse Crescent, Edinburgh, Midlothian, EH17 8FJ, 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 as modified by the revaluation of certain fixed assets.
Going concern
The Business is operating as a going concern and there are no reservations that will impair the future operations
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
124,500 
Other debtors
24,699 
8,823 
24,699 
133,323 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,160 
- 
Trade creditors
16,734 
54,500 
Loans from directors
41,293 
41,293 
70,187 
95,793 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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