JOABLA LTD - Filleted accounts

Registered number

12531773

JOABLA LTD

Filleted Accounts

31 March 2025

JOABLA LTD
Registered number:		12531773
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Investments	4		7,346,569			6,937,877

Current assets
Cash at bank and in hand		966			1,096

Creditors: amounts falling due within one year	5	(133,647)			(209,455)

Net current liabilities			(132,681)			(208,359)

Net assets			7,213,888			6,729,518

Capital and reserves
Called up share capital			25,004			25,004
Profit and loss account			7,188,884			6,704,514

Shareholders' funds			7,213,888			6,729,518

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Benjamin Shaw
Director
Approved by the board on 3 November 2025

JOABLA LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Other information

	JOABLA LTD is a private company limited by shares and registered in England and Wales, registration number 12531773. Its registered office is:
	72 Charlotte Street
	London
	W1T 4QQ


2	Compliance with accounting standards

	The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.


3	Accounting policies

	The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.

	Basis of preparation
	The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets

	Presentation currency
	The accounts are presented in £ sterling.

	Reporting period
	The entity's annual financial statements are presented for a period of more than 12 months as this is the length of period from incorporation.

	Cash and cash equivalents
	Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

	Investments
	Investments in subsidiaries are measured at cost less accumulated impairment.The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.Investment income is dividends received from subsidiaries, where corporation tax on the profits generating those dividends has already been paid by the relevant subsidiary so no further corporation tax is payable by Joabla Ltd.

	Employees
	The company has no employees other than the directors, who did not receive any remuneration.


4	Investments
Investments in
subsidiary			Other
undertakings			investments		Total
£			£		£
	Cost
	At 1 April 2024	25,005		6,912,872		6,937,877
	Additions	-		408,692		408,692

	At 31 March 2025	25,005		7,321,564		7,346,569

	Investments were principally in loans on the HNW Lending Ltd peer to peer lending platform

5	Creditors: amounts falling due within one year			2025		2024
£					£

	Amounts owed to shareholders			66,677		103,224
	Taxation and social security costs			66,970		106,231
				133,647		209,455


6	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			0		0