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JUMBO JUNGLE LIMITED - Company Information

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Jumbo Jungle Limited

Registered Number:06363306

For the year ended 31 August 2020

England and Wales

Unaudited Financial Statements

Registered Number :

06363306

As at 31 August 2020

Jumbo Jungle Limited

Statement of Financial Position

2019

2020

Notes

Fixed assets

Property, plant and equipment

50,380

60,025

50,380

60,025

Current assets

Inventories

1,570

2,180

Trade and other receivables

18,490

9,964

43,601

Cash and cash equivalents

105,152

117,296

63,661

Trade and other payables: amounts falling due within one

year

(64,523)

(161,801)

(862)

(44,505)

Net current liabilities

Total assets less current liabilities

5,875

59,163

(5,088)

(6,360)

Provisions for liabilities

787

Net assets

52,803

Capital and reserves

Called up share capital

Retained earnings

785

52,801

787

52,803

Shareholders' funds

For the year ended 31 August 2020 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 of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

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

Mr A Greener Director

These financial statements were approved and authorised for issue by the Board on 31 August 2021 and were signed by:

The notes form part of these financial statements

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For the year ended 31 August 2020

Jumbo Jungle Limited

Notes to the Financial Statements

Statutory Information

Jumbo Jungle Limited is a private limited company, limited by shares, domiciled in England and Wales, registration

number 06363306.

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

25% Reducing balance

Motor vehicles

20% Reducing balance

Fixtures and fittings

No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected

useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation

would be immaterial. The directors undertake an annual impairment review of these properties.

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.

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For the year ended 31 August 2020

Jumbo Jungle Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Fixtures and

fittings

Land and

buildings

Cost or

valuation

At 01 September 2019

133,466

103,966

29,500

At 31 August 2020

29,500

103,966

133,466

Provision for depreciation and impairment

At 01 September 2019

73,441

70,491

2,950

Charge for year

9,645

6,695

2,950

At 31 August 2020

83,086

77,186

5,900

At 31 August 2020

Net book value

23,600

26,780

50,380

At 31 August 2019

26,550

33,475

60,025

3. Inventories

2019

2020

Stocks

2,180

1,570

4. Trade and other receivables

2019

2020

Other debtors

9,964

18,490

5. Trade and other payables: amounts falling due within one year

2019

2020

Bank loans and overdraft (secured)

52,917

12,467

Bank loans and overdraft

6,874

Trade creditors

88,145

12,105

Taxation and social security

8,105

20,045

Other creditors

5,760

19,906

161,801

64,523

6. Average number of persons employed

During the year the average number of employees was 8 (2019 : 8)

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For the year ended 31 August 2020

Jumbo Jungle Limited

Notes to the Financial Statements Continued

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