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Company Registration No. 14090560 (England and Wales)
Jess Poon Ltd Unaudited accounts for the year ended 31 May 2024
Jess Poon Ltd Unaudited accounts Contents
Page
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Jess Poon Ltd Company Information for the year ended 31 May 2024
Director
Jessica Poon
Company Number
14090560 (England and Wales)
Registered Office
17 Hyett Court Honour Lea Avenue London E20 1HH England
Accountants
Accounts Studio Ltd 20-22 Wenlock Road London N1 7GU
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Jess Poon Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,729 
5,765 
Current assets
Debtors
833 
- 
Cash at bank and in hand
10,020 
26,265 
10,853 
26,265 
Creditors: amounts falling due within one year
(4,593)
(30,211)
Net current assets/(liabilities)
6,260 
(3,946)
Net assets
9,989 
1,819 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
9,889 
1,719 
Shareholders' funds
9,989 
1,819 
For the year ending 31 May 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 her 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 30 December 2024 and were signed on its behalf by
Jessica Poon Director Company Registration No. 14090560
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Jess Poon Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Jess Poon Ltd is a private company, limited by shares, registered in England and Wales, registration number 14090560. The registered office is 17 Hyett Court Honour Lea Avenue, London, E20 1HH, England.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
8,647 
Additions
1,269 
At 31 May 2024
9,916 
Depreciation
At 1 June 2023
2,882 
Charge for the year
3,305 
At 31 May 2024
6,187 
Net book value
At 31 May 2024
3,729 
At 31 May 2023
5,765 
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Jess Poon Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
833 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,864 
6,492 
Other creditors
805 
772 
Loans from directors
924 
22,947 
4,593 
30,211 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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