| J J L F Limited |
| Registered number: |
07748770 |
| Abbreviated Balance Sheet |
| as at 31 August 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
403 |
|
|
- |
|
| Current assets |
| Debtors |
|
|
103,204 |
|
|
65,513 |
| Cash at bank and in hand |
|
|
282,151 |
|
|
276,698 |
|
|
|
385,355 |
|
|
342,211 |
|
| Creditors: amounts falling due within one year |
|
|
(34,514) |
|
|
(39,700) |
|
| Net current assets |
|
|
|
350,841 |
|
|
302,511 |
|
| Total assets less current liabilities |
|
|
|
351,244 |
|
|
302,511 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(121,974) |
|
|
(130,280) |
|
|
|
| Net assets |
|
|
|
229,270 |
|
|
172,231 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
229,170 |
|
|
172,131 |
|
| Shareholders' funds |
|
|
|
229,270 |
|
|
172,231 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J J L Fillaut |
| Director |
| Approved by the board on 19 October 2015 |
|
| J J L F Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers. Sales are recognised in the Profit and Loss account when the goods are dispatched to the customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Computer equipment |
33.33% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the month of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
1,178 |
|
Additions |
602 |
|
At 31 August 2015 |
1,780 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2014 |
1,178 |
|
Charge for the year |
199 |
|
At 31 August 2015 |
1,377 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
403 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
