REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
29 MARCH 2023 TO 26 MARCH 2024 |
FOR |
JOELIN LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
29 MARCH 2023 TO 26 MARCH 2024 |
FOR |
JOELIN LIMITED |
JOELIN LIMITED (REGISTERED NUMBER: 08161031) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 29 MARCH 2023 TO 26 MARCH 2024 |
Page |
Balance Sheet | 1 |
JOELIN LIMITED (REGISTERED NUMBER: 08161031) |
BALANCE SHEET |
26 MARCH 2024 |
2024 | 2023 |
£ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Joelin Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the period was NIL (2023 - NIL). |
JOELIN LIMITED (REGISTERED NUMBER: 08161031) |
BALANCE SHEET - continued |
26 MARCH 2024 |
NOTES TO THE FINANCIAL STATEMENTS |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the periods ended 26 March 2024 and 28 March 2023: |
2024 | 2023 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
4. | GOING CONCERN |
The financial statements have been prepared on a going concern basis. The directors have assessed the company’s ability to continue operating in the immediate future. |
The company holds a significant balance of intercompany debtors, and there is uncertainty regarding the recoverability of these amounts. As of the date of filing, the director is in discussions with the management of the counter-party regarding the settlement of these balances. |
If these amounts are not fully recoverable, the company may face difficulties in meeting its liabilities as they fall due. While these uncertainties raise concerns about the company’s ability to continue as a going concern, the directors believe that preparing the financial statements on this basis remains appropriate. |
The directors acknowledge their 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. |
JOELIN LIMITED (REGISTERED NUMBER: 08161031) |
BALANCE SHEET - continued |
26 MARCH 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |