JDO 2 LTD - Accounts to registrar (filleted) - small 18.2

JDO 2 LTD - Accounts to registrar (filleted) - small 18.2

JDO 2 LTD - Company Information

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REGISTERED NUMBER: 07896790 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

JDO 2 LTD
JDO 2 LTD (REGISTERED NUMBER: 07896790)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

JDO 2 LTD

COMPANY INFORMATION
for the year ended 31 October 2019







DIRECTORS: P L Drake
F A Florence
S P Dives
B P Oates





REGISTERED OFFICE: Royal Victoria House
51-55 The Pantiles
Tunbridge Wells
Kent
TN2 5TE





REGISTERED NUMBER: 07896790 (England and Wales)





ACCOUNTANTS: BSR Bespoke Chartered Accountants
Linden House
Linden Close
Tunbridge Wells
Kent
TN4 8HH
Page 1
JDO 2 LTD (REGISTERED NUMBER: 07896790)

BALANCE SHEET
31 October 2019

31.10.19 31.10.18
Notes £    £   
CURRENT ASSETS
Debtors 4 944,404 798,833
Cash at bank 47,788 2,547
992,192 801,380
CREDITORS
Amounts falling due within one year 5 772,787 759,921
NET CURRENT ASSETS 219,405 41,459
TOTAL ASSETS LESS CURRENT
LIABILITIES
219,405
41,459

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 219,404 41,458
SHAREHOLDERS' FUNDS 219,405 41,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2020 and were
signed on its behalf by:





P L Drake - Director


The notes form part of these financial statements

Page 2
JDO 2 LTD (REGISTERED NUMBER: 07896790)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2019


1. STATUTORY INFORMATION

JDO 2 LTD is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Turnover is recognised when it is probable that future economic benefits will flow to the company from the
provision of contracts for the sale of services and is measured as the fair value of consideration which the
company expects to receive from those transactions. Turnover is recognised from the provision of services as
the value of services provided is delivered to the customer. Where the normal criteria for the recognition of
turnover are not met or are varied, then turnover is recognised at the point when control has passed to the
customer which could be when legal title has passed to the customer or when the business has a right to
payment such as on delivery or when cash payment has been made to the company.

When the outcome of a services contract can be estimated reliably, contract turnover and associated
expenditure are recognised by reference to the stage of completion of the contract at the reporting date.

When the outcome of a services contract cannot be estimated reliably, contract turnover shall only be
recognised to the extent of the amount of associated expenditure incurred and it is probable that the contract
turnover will be recoverable.

Provision will be made for all losses arising from a services contract where it is probable that current and
future contract expenditure exceeds contract revenue.

Turnover is recognised net of returns and of trade discounts and is shown exclusive of value added tax.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.


Page 3 continued...
JDO 2 LTD (REGISTERED NUMBER: 07896790)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2019


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and
laws that have been enacted or substantively enacted by the year end and that are expected to apply to the
reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 8 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.19 31.10.18
£    £   
Trade debtors 659,030 390,988
Amounts owed by group undertakings - 222,345
Prepayments and accrued income 285,374 185,500
944,404 798,833

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.19 31.10.18
£    £   
Amounts owed to group undertakings 91,976 -
Tax 103,188 30,393
Other creditors 577,623 722,460
Accrued expenses - 7,068
772,787 759,921

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JDO 2 LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to
file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements
and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of JDO 2 LTD for the year ended 31 October 2019 which comprise the Income Statement,
Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of JDO 2 LTD, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JDO 2 LTD and state those matters that we have agreed to state to the Board of Directors of JDO 2 LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JDO 2 LTD and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JDO 2 LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JDO 2 LTD. You consider that JDO 2 LTD 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 financial statements of JDO 2 LTD. 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 financial statements.






BSR Bespoke Chartered Accountants
Linden House
Linden Close
Tunbridge Wells
Kent
TN4 8HH


16 July 2020

This page does not form part of the statutory financial statements

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