REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
JARILO (UK) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
JARILO (UK) LIMITED |
JARILO (UK) LIMITED (REGISTERED NUMBER: 08523412) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
JARILO (UK) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MAY 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Obsidian Offices |
Chantry Court |
Chester |
Cheshire |
CH1 4QN |
JARILO (UK) LIMITED (REGISTERED NUMBER: 08523412) |
ABRIDGED BALANCE SHEET |
31 MAY 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
JARILO (UK) LIMITED (REGISTERED NUMBER: 08523412) |
ABRIDGED BALANCE SHEET - continued |
31 MAY 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
JARILO (UK) LIMITED (REGISTERED NUMBER: 08523412) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
1. | STATUTORY INFORMATION |
Jarilo (UK) Limited (company number 08523412) is a private company limited by shares, registered in England and Wales. Its registered office is at 2A High Street, Bromborough, Wirral, CH62 7HA. |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the Profit and Loss account and Balance Sheet assume no intention nor necessity to liquidate nor curtail significantly the scale of the operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's creditors. |
Turnover |
Turnover represents revenue which is recognised when the right to consideration has been earned in exchange for performance. |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the year represents the sum of current and deferred tax. The company's liability for current tax is calculated using rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.Deferred tax liabilities are measured at the rates that are expected to to apply in the period in the period in which the liability is settled, based upon tax rates that have been enacted or substantively enacted by the end of the IStatement of Income and Retained Earnings period. |
The directors do not consider it necessary to provide for deferred tax in the Statement of Income and Retained Earnings. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Employee benefits |
Short term employee benefits including holiday pay are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they were incurred. The company operates a defined contribution pension scheme.The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable for the period by the company to the fund. |
JARILO (UK) LIMITED (REGISTERED NUMBER: 08523412) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MAY 2024 |
3. | ACCOUNTING POLICIES - continued |
Financial instruments |
Bank loans, which are classified as financial instruments, are initially measured at the present value of future payments, discounted at a market rate of interest , and subsequently at amortised cost using the effective interest method. |
Grants |
Grants are only recognised when there is a reasonable assurance that the entity will comply with the conditions of the grant and that the grant will be received. If the grant imposes specific future performance -related conditions, then the grant is only recognised when the performance-related conditions are met. If the grant is received before these conditions are met, then it is recognised as a liability. If there are no future performance-related conditions, then the grant is recognised when the grant proceeds are received. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 June 2023 |
Additions |
At 31 May 2024 |
DEPRECIATION |
At 1 June 2023 |
Charge for year |
At 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
At 31 May 2023 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 June 2023 |
and 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
At 31 May 2023 |
7. | ULTIMATE CONTROLLING PARTY |
The controlling party is Jarilo Hosting Ltd. |