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Company Registration No. 06047028 (England and Wales)
JOLLOFE LTD Unaudited accounts for the year ended 31 January 2024
JOLLOFE LTD Unaudited accounts Contents
Page
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JOLLOFE LTD Company Information for the year ended 31 January 2024
Director
Christianah OLATUNJI
Company Number
06047028 (England and Wales)
Registered Office
CHRISTINE LONDON ROAD RAINHAM GILLINGHAM ME8 8PT ENGLAND
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JOLLOFE LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,970 
29,522 
Current assets
Cash at bank and in hand
3,708 
2,167 
Creditors: amounts falling due within one year
(8,278)
- 
Net current (liabilities)/assets
(4,570)
2,167 
Total assets less current liabilities
13,400 
31,689 
Creditors: amounts falling due after more than one year
(437,708)
(491,285)
Net liabilities
(424,308)
(459,596)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(424,309)
(459,597)
Shareholders' funds
(424,308)
(459,596)
For the year ending 31 January 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 27 January 2025 and were signed on its behalf by
Christianah OLATUNJI Director Company Registration No. 06047028
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JOLLOFE LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
JOLLOFE LTD is a private company, limited by shares, registered in England and Wales, registration number 06047028. The registered office is CHRISTINE LONDON ROAD, RAINHAM, GILLINGHAM, ME8 8PT, 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.
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:
Fixtures & fittings
22
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
559,636 
At 31 January 2024
559,636 
Depreciation
At 1 February 2023
530,114 
Charge for the year
11,552 
At 31 January 2024
541,666 
Net book value
At 31 January 2024
17,970 
At 31 January 2023
29,522 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
8,278 
- 
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JOLLOFE LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,088 
22,894 
Loans from directors
418,620 
468,391 
437,708 
491,285 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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