Company registration number 05475739 (England and Wales)
JOLIADE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
JOLIADE LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
JOLIADE LIMITED (REGISTERED NUMBER: 05475739)
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
572
763
Current assets
Debtors
4
555,550
555,977
Cash at bank and in hand
5,086
11,868
560,636
567,845
Creditors: amounts falling due within one year
5
(27,431)
(32,522)
Net current assets
533,205
535,323
Total assets less current liabilities
533,777
536,086
Creditors: amounts falling due after more than one year
6
(109,298)
(108,437)
Net assets
424,479
427,649
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
7
424,379
427,549
Total equity
424,479
427,649
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
JOLIADE LIMITED (REGISTERED NUMBER: 05475739)
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
30 June 2024
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 14 March 2025
R Southwell
Director
JOLIADE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
1
Accounting policies
Company information
Joliade Limited is a private company limited by shares incorporated in England and Wales. The registered office is 19/21 Swan Street, West Malling, Kent, ME19 6JU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents net invoiced sales of services, excluding value added tax.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
25% Reducing balance
Computer equipment
25% Reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
JOLIADE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
3
Tangible fixed assets
Fixtures, fittings & equipment
Computer equipment
Total
£
£
£
Cost
At 1 July 2023 and 30 June 2024
17,734
11,417
29,151
Depreciation and impairment
At 1 July 2023
17,540
10,848
28,388
Depreciation charged in the year
49
142
191
At 30 June 2024
17,589
10,990
28,579
Carrying amount
At 30 June 2024
145
427
572
At 30 June 2023
194
569
763
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
555,550
555,977
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
3,848
3,848
Taxation and social security
1,628
Other creditors
21,955
28,674
27,431
32,522
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
109,298
108,437
The bank loans and overdrafts (due within one year and after more than one year) are secured on assets which are owned by the company's director.
JOLIADE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 5 -
7
Profit and loss reserves
2024
2023
£
£
At the beginning of the year
427,549
441,627
Loss for the year
(3,170)
(14,078)
At the end of the year
424,379
427,549
8
Director's transactions
At the balance sheet date, the company owed R Southwell £22,664 (2023: £24,673 ).