Company Registration No. 9953574 (England and Wales)
JOLOF SPORTS CLUB LTD
Unaudited accounts
for the year ended 31 August 2017
JOLOF SPORTS CLUB LTD
Unaudited accounts
Contents
JOLOF SPORTS CLUB LTD
Company Information
for the year ended 31 August 2017
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
London
W12 9EE
JOLOF SPORTS CLUB LTD
Statement of financial position
as at
31 August 2017
Tangible assets
1,644
2,453
Cash at bank and in hand
18,567
18,479
Creditors: amounts falling due within one year
(17,889)
(19,931)
Net current assets/(liabilities)
678
(1,452)
Called up share capital
100
100
Profit and loss account
2,222
901
Shareholders' funds
2,322
1,001
For the year ending 31 August 2017 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 31 May 2018.
Ahmadou Bamba SEYE
Director
Company Registration No. 9953574
JOLOF SPORTS CLUB LTD
Notes to the Accounts
for the year ended 31 August 2017
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.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 15 January 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
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Tangible fixed assets
Total
At 1 September 2016
3,661
At 1 September 2016
1,208
JOLOF SPORTS CLUB LTD
Notes to the Accounts
for the year ended 31 August 2017
5
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 2 (2016: 2).