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Company Registration No. 07149502 (England and Wales)
Joomnet Limited Unaudited accounts for the year ended 28 February 2025
Joomnet Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Joomnet Limited Company Information for the year ended 28 February 2025
Director
Oluwasegun Meduoye
Company Number
07149502 (England and Wales)
Accountants
Sodavic & Associates 193 Sixth Avenue London E12 5PT
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Joomnet Limited Accountants' report
Accountants' report to the director of Joomnet Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Joomnet Limited for the year ended 28 February 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Joomnet Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Joomnet Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Joomnet Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Joomnet Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Joomnet Limited. You consider that Joomnet Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Joomnet Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sodavic & Associates 193 Sixth Avenue London E12 5PT 6 November 2025
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Joomnet Limited Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
208,473
212,985
Cash at bank and in hand
300
295
208,773
213,280
Creditors: amounts falling due within one year
6
(10,340)
(13,829)
Net current assets
198,433
199,451
Net assets
198,433
199,451
Capital and reserves
Called up share capital
1
1
Profit and loss account
198,432
199,450
Shareholders' funds
198,433
199,451
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 November 2025 and were signed on its behalf by
Oluwasegun Meduoye Director Company Registration No. 07149502
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Joomnet Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Joomnet Limited is a private company, limited by shares, registered in England and Wales, registration number 07149502.
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 year, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight-line over three years
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 March 2024
604
At 28 February 2025
604
Depreciation
At 1 March 2024
604
At 28 February 2025
604
Net book value
At 28 February 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
208,473
212,985
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Joomnet Limited Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
9,840
13,439
Accruals
500
390
10,340
13,829
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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