JDC INVESTMENTS LIMITED

JDC INVESTMENTS LIMITED

JDC INVESTMENTS LIMITED - Company Information

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JDC INVESTMENTS LIMITED

Company Registration Number:
07659108 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

JDC INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

JDC INVESTMENTS LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 748 1,379
Investments: 4 100 100
Total fixed assets: 848 1,479
Current assets
Debtors:   259,946 169,565
Cash at bank and in hand: 32,355 91,210
Total current assets: 292,301 260,775
Creditors: amounts falling due within one year:   (117,565) (50,114)
Net current assets (liabilities): 174,736 210,661
Total assets less current liabilities: 175,584 212,140
Creditors: amounts falling due after more than one year: 5 (1,143,240) (743,240)
Provision for liabilities: (13,334) (196,298)
Total net assets (liabilities): (980,990) (727,398)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (980,991) (727,399)
Shareholders funds: (980,990) (727,398)

The notes form part of these financial statements

JDC INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 December 2019
and signed on behalf of the board by:

Name: David Canfield
Status: Director

The notes form part of these financial statements

JDC INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents charges for consultancy services provided to companies all of which are under the beneficial ownership of John Caudwell.

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives. Fixtures and fittings - 20% Computer and IT equipment - 20%

Other accounting policies

The company is controlled by J D Caudwell

JDC INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Employees

2019 2018
Average number of employees during the period 10 8

JDC INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible Assets

Total
Cost £
At 01 April 2018 15,502
Additions 462
At 31 March 2019 15,964
Depreciation
At 01 April 2018 14,123
Charge for year 1,093
At 31 March 2019 15,216
Net book value
At 31 March 2019 748
At 31 March 2018 1,379

JDC INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Fixed investments

JDC Investments (USA) Ltd is a fully owned subsidiary of JDC Investments ltd, with an investment of £100 Share Capital. The investment is held at cost less accumulated impairment. JDC Investments Ltd meets the criteria of a small group and so consolidated accounts have not been prepared.

JDC INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

5. Creditors: amounts falling due after more than one year note

The loan is unsecured and is repayable on 30 days notice when the Board of Directors determines that the company has cash which they consider is not required to meet its liabilities. The loan bears no interest. In compliance with the FRED 67 amendment to FRS 102 applicable to small companies (effective May 2017) the loan has been measured at transaction price.

JDC INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

6. Related party transactions

The company's turnover represents charges for consultancy services provided to the following companies all of which are ultimately under the beneficial ownership of John Caudwell.Lyme Properties - £150,000MY Titania 2012 Ltd - £150,000Pure Jatomi - £144,092Unshackled Ltd - £100,000Caudwell Properties (100) Ltd - £240,000Hyde Park Finance - £30,000