Jedco Product Designers Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04554085 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2015

for

Jedco Product Designers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J E Elson

A M Elson

E L U Griffiths

SECRETARY:

A M Elson

REGISTERED OFFICE:

Quadrant House

7 - 9 Heath Road

Weybridge

Surrey

KT13 8SX

REGISTERED NUMBER:

04554085 (England and Wales)

ACCOUNTANTS:

Braywood Ltd

35 Station Approach

West Byfleet

Surrey

KT14 6NF

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

8,716

4,680

8,716

4,680

CURRENT ASSETS

Debtors

77,585

75,606

Cash at bank and in hand

31,142

5,998

108,727

81,604

CREDITORS

Amounts falling due within one year

57,375

45,076

NET CURRENT ASSETS

51,352

36,528

TOTAL ASSETS LESS CURRENT LIABILITIES

60,068

41,208

PROVISIONS FOR LIABILITIES

1,742

950

NET ASSETS

58,326

40,258

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

58,226

40,158

SHAREHOLDERS' FUNDS

58,326

40,258

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 May 2015 and were signed on its behalf by:

J E Elson - Director

E L U Griffiths - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors expect that trading over the next twelve months will generate positive cash flows and have

therefore continued to adopt the going concern basis of preparing the financial statements.

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 and services, excluding value added tax, adjusted for work done

but not invoiced at the balance sheet date where the company has the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

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

Deferred tax

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

sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2014

and 31 January 2015

25,000

AMORTISATION

At 1 February 2014

and 31 January 2015

25,000

NET BOOK VALUE

At 31 January 2015

-

At 31 January 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2014

46,167

Additions

9,143

At 31 January 2015

55,310

DEPRECIATION

At 1 February 2014

41,487

Charge for year

5,107

At 31 January 2015

46,594

NET BOOK VALUE

At 31 January 2015

8,716

At 31 January 2014

4,680

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.15

31.1.14

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2015 and

31 January 2014:

31.1.15

31.1.14

£

£

A M Elson

Balance outstanding at start of year

1,186

-

Amounts advanced

5,102

1,186

Amounts repaid

(1,186

)

-

Balance outstanding at end of year

5,102

1,186

This loan is unsecured, interest free and repayable on demand.