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REGISTERED NUMBER: 11541013 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

JLO INVESTMENTS LTD

JLO INVESTMENTS LTD (REGISTERED NUMBER: 11541013)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JLO INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mrs L E Howard
Mr J R Howard





SECRETARY:





REGISTERED OFFICE: 7a Alkmaar Way
Norwich
United Kingdom
Norfolk
NR6 6BF





REGISTERED NUMBER: 11541013 (England and Wales)





ACCOUNTANTS: Insight Accountancy Services Ltd
7A Alkmaar Way
Norwich Int Business Park
Norwich
Norfolk
NR6 6BF

JLO INVESTMENTS LTD (REGISTERED NUMBER: 11541013)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 114,400 110,000
Investment property 5 821,000 801,000
935,400 911,000

CURRENT ASSETS
Debtors 6 3,500 1,194
Cash at bank 11,598 156,991
15,098 158,185
CREDITORS
Amounts falling due within one year 7 769,232 926,012
NET CURRENT LIABILITIES (754,134 ) (767,827 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,266

143,173

PROVISIONS FOR LIABILITIES 26,224 22,424
NET ASSETS 155,042 120,749

CAPITAL AND RESERVES
Called up share capital 200 200
Fair value reserve 8 111,365 95,165
Retained earnings 43,477 25,384
155,042 120,749

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

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.

JLO INVESTMENTS LTD (REGISTERED NUMBER: 11541013)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 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 Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:





Mr J R Howard - Director


JLO INVESTMENTS LTD (REGISTERED NUMBER: 11541013)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Jlo Investments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3. EMPLOYEES AND DIRECTORS

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

JLO INVESTMENTS LTD (REGISTERED NUMBER: 11541013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023 110,000
Additions 84,400
Disposals (80,000 )
At 31 August 2024 114,400
NET BOOK VALUE
At 31 August 2024 114,400
At 31 August 2023 110,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 801,000
Revaluations 20,000
At 31 August 2024 821,000
NET BOOK VALUE
At 31 August 2024 821,000
At 31 August 2023 801,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2019 239,249
Valuation in 2021 265,751
Valuation in 2022 227,000
Valuation in 2023 69,000
Valuation in 2024 20,000
821,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 3,500 1,194

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 488,158 488,158
Trade creditors 1 2
Taxation and social security 4,244 4,442
Other creditors 276,829 433,410
769,232 926,012

JLO INVESTMENTS LTD (REGISTERED NUMBER: 11541013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. RESERVES
Fair
value
reserve
£   
At 1 September 2023 95,165
Reserve transfer 16,200

At 31 August 2024 111,365

9. RELATED PARTY DISCLOSURES

At the balance sheet date the directors were owed £361,689 ( 2023 - £365,981 ) Interest of nil was charged on this loan.