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REGISTERED NUMBER: 05290911 (England and Wales)















Financial Statements for the Year Ended 31st March 2024

for

Jovis Limited

Jovis Limited (Registered number: 05290911)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jovis Limited

Company Information
for the Year Ended 31st March 2024







DIRECTOR: D Stewart





SECRETARY: D Stewart





REGISTERED OFFICE: 5 Kings Mews
Wivenhoe
Colchester
Essex
CO7 9JD





REGISTERED NUMBER: 05290911 (England and Wales)





ACCOUNTANTS: Armstrong & Co
Chartered Accountants
4a Printing House Yard
Hackney Road
London
E2 7PR

Jovis Limited (Registered number: 05290911)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,818 16,556

CURRENT ASSETS
Debtors 5 43,779 24,467
Cash at bank 52,631 65,142
96,410 89,609
CREDITORS
Amounts falling due within one year 6 19,900 18,394
NET CURRENT ASSETS 76,510 71,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,328

87,771

PROVISIONS FOR LIABILITIES 2,692 3,165
NET ASSETS 86,636 84,606

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 86,633 84,603
86,636 84,606

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

Jovis Limited (Registered number: 05290911)

Balance Sheet - continued
31st March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th January 2025 and were signed by:





D Stewart - Director


Jovis Limited (Registered number: 05290911)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Jovis 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Jovis Limited (Registered number: 05290911)

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


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2023 5,663 31,968 4,446 42,077
Additions - - 720 720
At 31st March 2024 5,663 31,968 5,166 42,797
DEPRECIATION
At 1st April 2023 1,415 20,167 3,939 25,521
Charge for year 1,133 2,950 375 4,458
At 31st March 2024 2,548 23,117 4,314 29,979
NET BOOK VALUE
At 31st March 2024 3,115 8,851 852 12,818
At 31st March 2023 4,248 11,801 507 16,556

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 43,479 24,467

Amounts falling due after more than one year:
Other debtors 300 -

Aggregate amounts 43,779 24,467

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,909
Taxation and social security 18,221 15,002
Other creditors 1,679 1,483
19,900 18,394