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REGISTERED NUMBER: 08524980 (England and Wales)


















Jolo Consulting Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024






Jolo Consulting Limited (Registered number: 08524980)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Jolo Consulting Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr R Walker





REGISTERED OFFICE: 14 Stevenson Road
Taw Hill
Swindon
Wiltshire
SN25 1TE





REGISTERED NUMBER: 08524980 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

Jolo Consulting Limited (Registered number: 08524980)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 26 51

CURRENT ASSETS
Debtors 5 33,094 39,508
Cash at bank 17,822 13,060
50,916 52,568
CREDITORS
Amounts falling due within one year 6 (45,162 ) (41,083 )
NET CURRENT ASSETS 5,754 11,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,780

11,536

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 5,680 11,436
SHAREHOLDERS' FUNDS 5,780 11,536

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





Mr R Walker - Director


Jolo Consulting Limited (Registered number: 08524980)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Jolo Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 122 382 504
DEPRECIATION
At 1 June 2023 73 380 453
Charge for year 25 - 25
At 31 May 2024 98 380 478
NET BOOK VALUE
At 31 May 2024 24 2 26
At 31 May 2023 49 2 51

Jolo Consulting Limited (Registered number: 08524980)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,432 29,084
Other debtors 16,662 10,424
33,094 39,508

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 225 -
Taxation and social security 7,707 4,060
Other creditors 37,230 37,023
45,162 41,083

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100