Abbreviated Company Accounts - JESTELL LIMITED

Registered Number 08765568

JESTELL LIMITED

Abbreviated Accounts

31 March 2015

JESTELL LIMITED Registered Number 08765568

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	5,759,885
Investments	3	5,060,000
		10,819,885
Current assets
Debtors		268,924
Cash at bank and in hand		715,045
		983,969
Creditors: amounts falling due within one year		(1,131,118)
Net current assets (liabilities)		(147,149)
Total assets less current liabilities		10,672,736
Provisions for liabilities		(2,936)
Total net assets (liabilities)		10,669,800
Capital and reserves
Called up share capital		2,010
Share premium account		9,998,000
Profit and loss account		669,790
Shareholders' funds		10,669,800

For the year ending 31 March 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 7 August 2015

And signed on their behalf by:
S Pycroft, Director

JESTELL LIMITED Registered Number 08765568

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 25% straight line

2Tangible fixed assets

	£
Cost
Additions	5,764,778
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	5,764,778
Depreciation
Charge for the year	4,893
On disposals	-
At 31 March 2015	4,893
Net book values
At 31 March 2015	5,759,885

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.