JOYMER LTD

Company Registration Number:
11301422 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

JOYMER LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

JOYMER LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 1,250,000 1,250,000
Total fixed assets: 1,250,000 1,250,000
Current assets
Debtors:   25,000
Cash at bank and in hand: 118 158
Total current assets: 25,118 158
Creditors: amounts falling due within one year: 4 (243,334) (218,049)
Net current assets (liabilities): (218,216) (217,891)
Total assets less current liabilities: 1,031,784 1,032,109
Creditors: amounts falling due after more than one year: 5 (1,032,909) (1,032,909)
Total net assets (liabilities): (1,125) (800)
Capital and reserves
Called up share capital: 20 20
Profit and loss account: (1,145) (820)
Shareholders funds: (1,125) (800)

The notes form part of these financial statements

JOYMER LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 January 2025
and signed on behalf of the board by:

Name: Iduwamwenyi IGHODARO
Status: Director

The notes form part of these financial statements

JOYMER LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

JOYMER LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

JOYMER LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Fixed investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

JOYMER LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the credit for at least twelve months after the reporting date. If there is an unconditional right to defer sett lenient for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognized initially at the transaction price and subsequently measured at amortized cost using the effective interest method.

JOYMER LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due after more than one year note

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortized cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognized as a charge to the Profit and Loss Account over the period of the relevant borrowing. Interest expense is recognized on the basis of the effective interest method and is included in interest payable and similar charges. Where the company has an unconditional right to defer settlement or the liability for at least twelve months after the reporting date, these borrowings are classed as creditors falling due after one year.