JABBS.COM_LIMITED - Accounts


Company Registration No. 05171680 (England and Wales)
JABBS.COM LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2014
JABBS.COM LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
JABBS.COM LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2014
31 July 2014
- 1 -
2014
2013
Notes
£
£
£
£
Current assets
Debtors
267
335
Cash at bank and in hand
51
457
318
792
Creditors: amounts falling due within one year
(600)
(250)
Total assets less current liabilities
(282)
542
Capital and reserves
Called up share capital
2
100
100
Profit and loss account
(382)
442
Shareholders'  funds
(282)
542
For the financial year ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 20 April 2015
N Burrlock
P Burrlock
Director
Director
Company Registration No. 05171680
JABBS.COM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3

Going concern

The company meets its day to day working capital requirements through funds loaned to the company by the directors.

 

The company's balance sheet at the year-end shows that the liabilities exceed assets by £282. Creditors include £300 owed to the director N Burrlock, who had given the necessary assurances of continue support to the company such that it is appropriate to prepare these accounts on a going concern basis.

2
Share capital
2014
2013
£
£
Allotted, called up and fully paid
1,000 Ordinary shares of 10p each
100
100
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