Company Registration No. 9953574 (England and Wales)
JOLOF SPORTS CLUB LTD
Unaudited accounts
for the year ended 31 August 2019
JOLOF SPORTS CLUB LTD
Unaudited accounts
Contents
JOLOF SPORTS CLUB LTD
Company Information
for the year ended 31 August 2019
Director
Ahmadou Bamba SEYE
Company Number
9953574 (England and Wales)
Registered Office
63 JEDDO ROAD
UNIT 1
LONDON
W12 9EE
ENGLAND
Accountants
Archer Accountants Ltd
Unit 1
63 Jeddo Road
London
W12 9EE
JOLOF SPORTS CLUB LTD
Statement of financial position
as at
31 August 2019
Tangible assets
19,752
3,682
Cash at bank and in hand
16,180
23,032
Creditors: amounts falling due within one year
(8,186)
(22,030)
Net current assets
18,213
1,002
Total assets less current liabilities
37,965
4,684
Creditors: amounts falling due after more than one year
(37,544)
-
Called up share capital
100
100
Profit and loss account
321
4,584
Shareholders' funds
421
4,684
For the year ending 31 August 2019 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.
Approved by the Board on 30 May 2020.
Ahmadou Bamba SEYE
Director
Company Registration No. 9953574
JOLOF SPORTS CLUB LTD
Notes to the Accounts
for the year ended 31 August 2019
JOLOF SPORTS CLUB LTD is a private company, limited by shares, registered in England and Wales, registration number 9953574. The registered office is 63 JEDDO ROAD, UNIT 1, LONDON, W12 9EE, ENGLAND.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
33% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2018
7,512
-
7,512
Additions
-
23,047
23,047
At 31 August 2019
7,512
23,047
30,559
At 1 September 2018
3,830
-
3,830
Charge for the year
1,215
5,762
6,977
At 31 August 2019
5,045
5,762
10,807
At 31 August 2019
2,467
17,285
19,752
At 31 August 2018
3,682
-
3,682
JOLOF SPORTS CLUB LTD
Notes to the Accounts
for the year ended 31 August 2019
6
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
-
7,376
Taxes and social security
6,336
4,952
Loans from directors
-
7,502
7
Creditors: amounts falling due after more than one year
2019
2018
8
Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2018: 2).