Company Registration No. SC372532 (Scotland)
J&O Enterprise Limited
Unaudited accounts
for the year ended 28 February 2025
J&O Enterprise Limited
Unaudited accounts
Contents
J&O Enterprise Limited
Company Information
for the year ended 28 February 2025
Directors
Y Othman
H Ibrahim
Company Number
SC372532 (Scotland)
Registered Office
Douglas House
42 Main Street
Milngavie
Glasgow
G62 6BU
Scotland
Accountants
Assenti & Noble Ltd
18 Mosshead Road
Bearsden
Glasgow
G61 3HN
J&O Enterprise Limited
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
2
22
Creditors: amounts falling due within one year
(20,206)
(3,430)
Net current liabilities
(17,634)
(838)
Total assets less current liabilities
(17,558)
(743)
Creditors: amounts falling due after more than one year
(457)
(1,819)
Net liabilities
(18,015)
(2,562)
Called up share capital
2
2
Profit and loss account
(18,017)
(2,564)
Shareholders' funds
(18,015)
(2,562)
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 directors acknowledge their 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 of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by
Y Othman
Director
Company Registration No. SC372532
J&O Enterprise Limited
Notes to the Accounts
for the year ended 28 February 2025
J&O Enterprise Limited is a private company, limited by shares, registered in Scotland, registration number SC372532. The registered office is Douglas House, 42 Main Street, Milngavie, Glasgow, G62 6BU, Scotland.
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.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents invoiced sales to external customers, excluding value added tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
J&O Enterprise Limited
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,332
1,279
Taxes and social security
39
(11)
Loans from directors
17,085
962
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).