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REGISTERED NUMBER: 07769271 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

JAMBO YOGA LIMITED

JAMBO YOGA LIMITED (REGISTERED NUMBER: 07769271)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JAMBO YOGA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: D J Truong





REGISTERED OFFICE: 32 Denhill Park
Newcastle upon Tyne
NE15 6QH





REGISTERED NUMBER: 07769271 (England and Wales)





ACCOUNTANTS: RMT Ribchesters
Accountants and Business Advisors
Finchale House
Belmont Business Park
Durham
DH1 1TW

JAMBO YOGA LIMITED (REGISTERED NUMBER: 07769271)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 543 1,652

CURRENT ASSETS
Debtors 5 15,989 20,264
Cash at bank 2,717 3,566
18,706 23,830
CREDITORS
Amounts falling due within one year 6 15,607 17,302
NET CURRENT ASSETS 3,099 6,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,642

8,180

CREDITORS
Amounts falling due after more than one
year

7

(2,991

)

(7,479

)

PROVISIONS FOR LIABILITIES (136 ) (413 )
NET ASSETS 515 288

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 514 287
SHAREHOLDERS' FUNDS 515 288

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

JAMBO YOGA LIMITED (REGISTERED NUMBER: 07769271)

BALANCE SHEET - continued
30 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2025 and were signed by:





D J Truong - Director


JAMBO YOGA LIMITED (REGISTERED NUMBER: 07769271)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Jambo Yoga 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 represents income generated from the company's principal activity, which is that of yoga instruction. Income is recognised once the class has taken place.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Yoga equipment - straight line over 4 years
Computer equipment - straight line over 3 years

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

JAMBO YOGA LIMITED (REGISTERED NUMBER: 07769271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Yoga Computer
equipment equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 5,677 4,889 10,566
DEPRECIATION
At 1 October 2023 5,111 3,803 8,914
Charge for year 566 543 1,109
At 30 September 2024 5,677 4,346 10,023
NET BOOK VALUE
At 30 September 2024 - 543 543
At 30 September 2023 566 1,086 1,652

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 704 641
Other debtors 15,285 19,623
15,989 20,264

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,487 4,487
Trade creditors 2,482 1,566
Taxation and social security 5,422 8,011
Other creditors 3,216 3,238
15,607 17,302

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,991 7,479

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1.00 1 1

JAMBO YOGA LIMITED (REGISTERED NUMBER: 07769271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
D J Truong
Balance outstanding at start of year 11,308 25,782
Amounts advanced - 16,275
Amounts repaid (4,338 ) (30,749 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,970 11,308