JG Consulting Works Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10520801 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

JG Consulting Works Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J Griffith

REGISTERED OFFICE:

Wingfield

Middle Hill

Englefield Green

Egham

Surrey

TW20 0JR

REGISTERED NUMBER:

10520801 (England and Wales)

ACCOUNTANTS:

WITNEY & CO LTD

Ground Floor

39 Guildford Road

Lightwater

Surrey

GU18 5SA

FIXED ASSETS

Tangible assets

4

499

997

CURRENT ASSETS

Debtors

1,135

1,512

Cash at bank

9,491

4,588

10,626

6,100

CREDITORS

Amounts falling due within one year

3,833

4,587

NET CURRENT ASSETS

6,793

1,513

TOTAL ASSETS LESS CURRENT LIABILITIES

7,292

2,510

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,192

2,410

SHAREHOLDERS' FUNDS

7,292

2,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 23 September 2020 and were signed by:

Mrs J Griffith - Director

1.	STATUTORY INFORMATION

JG Consulting Works 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.

Plant and machinery etc

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

and 31 March 2020

1,993

DEPRECIATION

At 1 April 2019

996

Charge for year

498

At 31 March 2020

1,494

NET BOOK VALUE

At 31 March 2020

499

At 31 March 2019

997

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2020 and 31 March 2019:

31.3.20

31.3.19

£

£

Mrs J Griffith

Balance outstanding at start of year

2,106

953

Amounts advanced

3,299

2,106

Amounts repaid

(5,405

)

(953

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

2,106

6.	RELATED PARTY DISCLOSURES

The controlling party is Mrs J Griffith.

The ultimate controlling party is Mrs J Griffith.