| REGISTERED NUMBER: |
| REPORT OF THE DIRECTORS AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024 |
| FOR |
| JACOMO COMMERCIAL LIMITED |
| REGISTERED NUMBER: |
| REPORT OF THE DIRECTORS AND |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024 |
| FOR |
| JACOMO COMMERCIAL LIMITED |
| JACOMO COMMERCIAL LIMITED (REGISTERED NUMBER: 10311518) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Year Ended 31st August 2024 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| JACOMO COMMERCIAL LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31st August 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 11 Lynton Mead |
| London |
| N20 8DG |
| JACOMO COMMERCIAL LIMITED (REGISTERED NUMBER: 10311518) |
| REPORT OF THE DIRECTORS |
| For The Year Ended 31st August 2024 |
| The directors present their report with the financial statements of the company for the year ended 31st August 2024. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of dry cleaning and laundry services |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1st September 2023 to the date of this report. |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| JACOMO COMMERCIAL LIMITED (REGISTERED NUMBER: 10311518) |
| INCOME STATEMENT |
| For The Year Ended 31st August 2024 |
| 31/8/24 | 31/8/23 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT and |
| PROFIT BEFORE TAXATION |
| Tax on profit |
| PROFIT FOR THE FINANCIAL YEAR |
| JACOMO COMMERCIAL LIMITED (REGISTERED NUMBER: 10311518) |
| BALANCE SHEET |
| 31st August 2024 |
| 31/8/24 | 31/8/23 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| JACOMO COMMERCIAL LIMITED (REGISTERED NUMBER: 10311518) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Year Ended 31st August 2024 |
| 1. | STATUTORY INFORMATION |
| Jacomo Commercial Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover represents proceeds from sale of services. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year comprises current tax. Tax is recognised in the Income Statement. |
| 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. |
| 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). |
| 4. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 31/8/24 | 31/8/23 |
| £ | £ |
| Depreciation - owned assets |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st September 2023 |
| and 31st August 2024 |
| DEPRECIATION |
| Charge for year |
| At 31st August 2024 |
| NET BOOK VALUE |
| At 31st August 2024 |
| At 31st August 2023 |
| JACOMO COMMERCIAL LIMITED (REGISTERED NUMBER: 10311518) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Year Ended 31st August 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/8/24 | 31/8/23 |
| £ | £ |
| Trade debtors |
| Amounts owed by participating interests | 100 | 100 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/8/24 | 31/8/23 |
| £ | £ |
| Trade creditors | ( |
) |
| Taxation and social security |
| ( |
) |