JLSPG Ltd - Limited company - abbreviated

REGISTERED NUMBER: 08936719 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

13 MARCH 2014 TO 31 MARCH 2015

FOR

JLSPG LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

P R Godber

Mrs. J Spencer

REGISTERED OFFICE:

14 Beaulieu Gardens

West Bridgford

Nottingham

Nottinghamshire

NG2 7TL

REGISTERED NUMBER:

08936719 (England and Wales)

ACCOUNTANTS:

Cobb Burgin & Co

Chartered Accountants

129a Middleton Boulevard

Wollaton Park

Nottingham

NG8 1FW

FIXED ASSETS

Investment property

2

529,300

CURRENT ASSETS

Debtors

5,607

Cash at bank

3,661

9,268

CREDITORS

Amounts falling due within one year

(514,638

)

NET CURRENT LIABILITIES

(505,370

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,930

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

23,830

SHAREHOLDERS' FUNDS

23,930

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 8 October 2015 and were signed on its behalf
by:

Mrs. J Spencer - Director

1.	ACCOUNTING POLICIES

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 the value of rents receivable during the period.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in market value is transferred to a revaluation reserve.

Deferred tax

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

balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

Additions

529,300

At 31 March 2015

529,300

NET BOOK VALUE

At 31 March 2015

529,300

In the opinion of the directors the market value of the investment property is not materially different to its

historic cost.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year Mrs J Spencer, a director, advanced the company the sum of £390,000 of which £380,925

was outstanding at 31 March 2015.

During the year Mr P Godber, a director, advanced the company the sum of £130,000 of which £126,975

was outstanding at 31 March 2015.

These advances are unsecured, non interest bearing and repayable on demand.

JLSPG Ltd - Limited company - abbreviated - 11.6

JLSPG Ltd - Limited company - abbreviated - 11.6