1 March 2023 false No description of principal activity Taxfiler 2024.6 10023147business:PrivateLimitedCompanyLtd2023-03-012024-02-29 100231472023-02-28 100231472023-03-012024-02-29 10023147business:AuditExemptWithAccountantsReport2023-03-012024-02-29 10023147business:AbridgedAccounts2023-03-012024-02-29 100231472024-02-29 10023147business:Director12023-03-012024-02-29 10023147business:Director22023-03-012024-02-29 10023147business:RegisteredOffice2023-03-012024-02-29 100231472023-02-28 10023147core:WithinOneYear2024-02-29 10023147core:WithinOneYear2023-02-28 10023147core:AfterOneYear2024-02-29 10023147core:AfterOneYear2023-02-28 10023147core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10023147core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10023147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10023147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10023147core:PreviouslyStatedAmount2024-02-29 10023147core:PreviouslyStatedAmount2023-02-28 10023147business:SmallEntities2023-03-012024-02-29 10023147countries:EnglandWales2023-03-012024-02-29 10023147core:MotorVehicles2023-03-012024-02-29 10023147core:FurnitureFittings2023-03-012024-02-29 10023147core:ComputerEquipment2023-03-012024-02-29 10023147business:OrdinaryShareClass12023-03-012024-02-29 10023147business:OrdinaryShareClass12022-03-012023-02-28 100231472022-03-012023-02-28 iso4217:GBP xbrli:shares xbrli:pure
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
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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
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JOLLIMAN ESSENTIALS LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,281 
31,501 
Current assets
Inventories
900,000 
635,450 
Debtors
56,962 
13,578 
Cash at bank and in hand
41,476 
147,457 
998,438 
796,485 
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 
Capital and reserves
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
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JOLLIMAN ESSENTIALS LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
Inventories
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:
Motor vehicles
6%
Fixtures & fittings
18%
Computer equipment
18%
Government grants
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.
Pension costs
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.
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JOLLIMAN ESSENTIALS LTD Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2023
43,490 
Additions
7,346 
At 29 February 2024
50,836 
Depreciation
At 1 March 2023
11,989 
Charge for the year
3,566 
At 29 February 2024
15,555 
Net book value
At 29 February 2024
35,281 
At 28 February 2023
31,501 
5
Share capital
2024 
2023 
£ 
£ 
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).
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