JREV Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06665982 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2019

for

JREV Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Reviriego Sanz

REGISTERED OFFICE:

40 MANOR VALE

BRENTFORD

London

TW8 9JP

REGISTERED NUMBER:

06665982 (England and Wales)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

Mae House

Marlborough Business Centre

96 Geroge Lane

South Woodford

London

E18 1AD

FIXED ASSETS

Tangible assets

3

3,093

4,124

Investments

4

42,000

6,000

45,093

10,124

CURRENT ASSETS

Debtors

5

6,500

17,500

Cash at bank and in hand

53,495

49,597

59,995

67,097

CREDITORS

Amounts falling due within one year

6

25,237

26,583

NET CURRENT ASSETS

34,758

40,514

TOTAL ASSETS LESS CURRENT LIABILITIES

79,851

50,638

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

79,850

50,637

SHAREHOLDERS' FUNDS

79,851

50,638

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

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

The director acknowledges his 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 director on 11 December 2019 and were signed by:

J Reviriego Sanz - Director

1.	STATUTORY INFORMATION

JREV Consulting Limited 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to profit or loss in the period to which they relate.

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2018

and 31 August 2019

6,174

DEPRECIATION

At 1 September 2018

2,050

Charge for year

1,031

At 31 August 2019

3,081

NET BOOK VALUE

At 31 August 2019

3,093

At 31 August 2018

4,124

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2018

6,000

Additions

36,000

At 31 August 2019

42,000

NET BOOK VALUE

At 31 August 2019

42,000

At 31 August 2018

6,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Trade debtors

6,500

6,500

Other debtors

-

11,000

6,500

17,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Trade creditors

(1

)

194

Tax

18,354

17,122

Social security and other taxes

94

52

VAT

6,790

8,115

Directors' current accounts

-

1,100

25,237

26,583