JMC Paint Services Limited - Period Ending 2020-05-31
JMC Paint Services Limited - Period Ending 2020-05-31
Year Ended
Registration number:
JMC Paint Services Limited
Director's Report
Year Ended 31 May 2020
The director presents his report and the financial statements for the year ended 31 May 2020.
Director of the company
The director who held office during the year was as follows:
Approved by the
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JMC Paint Services Limited
Profit and Loss Account
Year Ended 31 May 2020
The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
JMC Paint Services Limited
Balance Sheet
31 May 2020
Note |
2020 |
2019 |
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Current assets |
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Debtors |
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Capital and reserves |
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Called up share capital |
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Total equity |
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For the financial year ending 31 May 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the director on
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Company Registration Number: 09921766
JMC Paint Services Limited
Notes to the Financial Statements
Year Ended 31 May 2020
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.
Statement of compliance
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' incorporating Section 1A and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
Financial instruments
Classification
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Debtors |
JMC Paint Services Limited
Notes to the Financial Statements
Year Ended 31 May 2020
3 |
Debtors (continued) |
2020 |
2019 |
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Amounts owed by related parties |
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Share capital |
Allotted, called up and fully paid shares
2020 |
2019 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Parent and ultimate parent undertaking |
The company's immediate parent is