JZ Technologies Ltd - Limited company accounts 11.4

REGISTERED NUMBER: 08598692 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Period 5 July 2013 to 31 July 2014

for

JZ Technologies Ltd

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

J Zurowski

SECRETARY:

REGISTERED OFFICE:

154 Upper Clapton Road

London

E5 9JZ

REGISTERED NUMBER:

08598692 (England and Wales)

ACCOUNTANTS:

Ambiz

154 Upper Clapton Road

London

E5 9JZ

The director presents his report with the financial statements of the company for the period 5 July 2013 to 31 July 2014.

INCORPORATION

The company was incorporated on 5 July 2013 and commenced trading on the same date.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of Information Technology Consultancy

DIRECTOR

J Zurowski was appointed as a director on 5 July 2013 and held office during the whole of the period from then to the
date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

J Zurowski - Director

1 April 2015

TURNOVER

28,207

Cost of sales

3,360

GROSS PROFIT

24,847

Administrative expenses

16,237

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

8,610

Tax on profit on ordinary activities

3

1,722

PROFIT FOR THE FINANCIAL PERIOD

6,888

FIXED ASSETS

Tangible assets

5

4,540

CURRENT ASSETS

Debtors

6

405

Cash at bank and in hand

2,499

2,904

CREDITORS

Amounts falling due within one year

7

5,356

NET CURRENT LIABILITIES

(2,452

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,088

CAPITAL AND RESERVES

Called up share capital

8

1

Profit and loss account

9

2,087

SHAREHOLDERS' FUNDS

2,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2014 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 1 April 2015 and were signed by:

J Zurowski - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

£

Depreciation - owned assets

301

Director's remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the period was as follows:

£

Current tax:

UK corporation tax

1,722

Tax on profit on ordinary activities

1,722

4.

DIVIDENDS

£

Ordinary share of 1

Final

4,801

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

4,841

At 31 July 2014

4,841

DEPRECIATION

Charge for period

301

At 31 July 2014

301

NET BOOK VALUE

At 31 July 2014

4,540

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

405

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to participating interests

3,634

Taxation and social security

1,722

5,356

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

1

9.

RESERVES

Profit

and loss

account

£

Profit for the period

6,888

Dividends

(4,801

)

At 31 July 2014

2,087