Jaival Consulting Limited - Period Ending 2015-05-31

Registration number: 08535125

Jaival Consulting Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2015
 

Jaival Consulting Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Jaival Consulting Limited
(Registration number: 08535125)
Abbreviated Balance Sheet at 31 May 2015

		Note			31 May 2015 £			31 May 2014 £
Fixed assets
Tangible fixed assets					1,955			272
Current assets
Debtors					2,632			1,440
Cash at bank and in hand					43,179			18,934
					45,811			20,374
Creditors: Amounts falling due within one year					(16,948)			(12,033)
Net current assets					28,863			8,341
Net assets					30,818			8,613
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					30,718			8,513
Shareholders' funds					30,818			8,613

For the year ending 31 May 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 by the Board on 2 July 2015 and signed on its behalf by:

.........................................
Mr Jigneshkumar Chimanbhai Nayi
Director

The notes on page 2 form an integral part of these financial statements.
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Jaival Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33.33% at cost

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 June 2014		408			408
Additions		2,112			2,112
At 31 May 2015		2,520			2,520
Depreciation
At 1 June 2014		136			136
Charge for the year		429			429
At 31 May 2015		565			565
Net book value
At 31 May 2015		1,955			1,955
At 31 May 2014		272			272

3	Share capital

Allotted, called up and fully paid shares

	31 May 2015						31 May 2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

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