JOL Promotions Ltd. - Filleted accounts

Registered number

08606299

JOL Promotions Ltd.

Filleted Accounts

31 July 2025

JOL Promotions Ltd.
Registered number:		08606299
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,435			3,174

Current assets
Debtors	4	3,648			972
Cash at bank and in hand		3,567			17,515
		7,215			18,487

Creditors: amounts falling due within one year	5	(5,333)			(2,514)

Net current liabilities			1,882			15,973

Net assets			4,317			19,147

Capital and reserves
Called up share capital			100			100
Profit and loss account			4,217			19,047

Shareholders' funds			4,317			19,147

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.




Stephen Harper
Director
Approved by the board on 22 January 2026

JOL Promotions Ltd.
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computers and equipment	33.33% per annum - reducing balance

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		-		2



3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 August 2024				10,474
	Additions				478
	At 31 July 2025				10,952

	Depreciation
	At 1 August 2024				7,300
	Charge for the year				1,217
	At 31 July 2025				8,517

	Net book value
	At 31 July 2025				2,435
	At 31 July 2024				3,174


4	Debtors		2025		2024
£				£

	Corporation tax rebate		61		972
	Inter-Company account - JOL Properties (NE) Ltd.		3,587		-
			3,648		972


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

	Trade creditors		2,400		2,400
	Other creditors		2,933		114
			5,333		2,514


6	Other information

	JOL Promotions Ltd. is a private company limited by shares and incorporated in England. Its registered office is:
	8 Adelaide Row
	Seaham
	County Durham
	SR7 7EF