Abbreviated Company Accounts - JADECRAFT LIMITED

08824444 JADECRAFT LIMITED 2014-12-31 false 2013-12-23 2014-12-31 true 08824444 2013-12-23 2014-12-31 08824444 2014-12-31 08824444 uk-gaap-cd-bus:Director1 2013-12-23 2014-12-31 08824444 uk-gaap-cd-bus:Director2 2013-12-23 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-23 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08824444

JADECRAFT LIMITED

Abbreviated Accounts

31 December 2014

JADECRAFT LIMITED Registered Number 08824444

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Intangible assets	2	100,000
Tangible assets	3	47,500
		147,500
Current assets
Stocks		51,257
Debtors		344,561
Cash at bank and in hand		28,870
		424,688
Creditors: amounts falling due within one year		(505,498)
Net current assets (liabilities)		(80,810)
Total assets less current liabilities		66,690
Total net assets (liabilities)		66,690
Capital and reserves
Called up share capital	4	1
Profit and loss account		66,689
Shareholders' funds		66,690

For the year ending 31 December 2014 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 22 September 2015

And signed on their behalf by:
RICHARD VANN, Director

JADECRAFT LIMITED Registered Number 08824444

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows :

Plant and machinery - 20% straight line

Intangible assets amortisation policy
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
Additions	100,000
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	100,000
Amortisation
Charge for the year	-
On disposals	-
At 31 December 2014	-
Net book values
At 31 December 2014	100,000

3Tangible fixed assets

	£
Cost
Additions	47,500
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	47,500
Depreciation
Charge for the year	-
On disposals	-
At 31 December 2014	-
Net book values
At 31 December 2014	47,500

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
1 Ordinary shares of £1 each	1