Company Registration No. 10023147 (England and Wales)
JOLLIMAN ESSENTIALS LTD
Amended Unaudited accounts
for the year ended 29 February 2024
JOLLIMAN ESSENTIALS LTD
Amended Unaudited accounts
Contents
JOLLIMAN ESSENTIALS LTD
Company Information
for the year ended 29 February 2024
Directors
Jaswant Sogi
Jaswinder S Sogi
Company Number
10023147 (England and Wales)
Registered Office
177-181 GREAT BRIDGE STREET
WEST BROMWICH
WEST MIDLANDS
B70 0DJ
UNITED KINGDOM
JOLLIMAN ESSENTIALS LTD
Statement of financial position
as at 29 February 2024
Tangible assets
35,281
31,501
Inventories
900,000
635,450
Cash at bank and in hand
41,476
147,457
Creditors: amounts falling due within one year
(769,865)
(743,049)
Net current assets
228,573
53,436
Total assets less current liabilities
263,854
84,937
Creditors: amounts falling due after more than one year
(359,230)
(49,519)
Net (liabilities)/assets
(95,376)
35,418
Called up share capital
100
100
Profit and loss account
(95,476)
35,318
Shareholders' funds
(95,376)
35,418
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.
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 23 December 2024 and were signed on its behalf by
Jaswant Sogi
Director
Company Registration No. 10023147
JOLLIMAN ESSENTIALS LTD
Notes to the Accounts
for the year ended 29 February 2024
JOLLIMAN ESSENTIALS LTD is a private company, limited by shares, registered in England and Wales, registration number 10023147. The registered office is 177-181 GREAT BRIDGE STREET, WEST BROMWICH, WEST MIDLANDS, B70 0DJ, UNITED KINGDOM.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
JOLLIMAN ESSENTIALS LTD
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Total
At 29 February 2024
50,836
At 29 February 2024
15,555
At 29 February 2024
35,281
At 28 February 2023
31,501
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 18 (2023: 18).