ACCOUNTS - Final Accounts preparation

JY ADVISORS LIMITED - Company Information

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Registered number: 07062385

JY ADVISORS LIMITED

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2015

JY ADVISORS LIMITED

REGISTERED NUMBER: 07062385

ABBREVIATED BALANCE SHEET

AS AT 5 APRIL 2015

2015

2014

	Note	£	£	£	£
FIXED ASSETS
Tangible assets	2		420		420

CURRENT ASSETS
Debtors	144		144
Cash at bank	809		809

	953		953
CREDITORS: amounts falling due within one year	(986)		(986)
NET CURRENT LIABILITIES		(33)		(33)

TOTAL ASSETS LESS CURRENT LIABILITIES

387

CAPITAL AND RESERVES
Called up share capital	3	100	100
Profit and loss account		287	287

SHAREHOLDERS' FUNDS

387

For the year ended 5 April 2015 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year, in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 30 November 2015.

J C Yeend

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

JY ADVISORS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2015

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		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).

	1.2	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings

25% Reducing balance

2.TANGIBLE FIXED ASSETS

		£
	Cost
	At 6 April 2014 and 5 April 2015	997

	Depreciation
	At 6 April 2014 and 5 April 2015	577

	Net book value
	At 5 April 2015	420
	At 5 April 2014	420

Page 2

JY ADVISORS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2015

3.SHARE CAPITAL

	2015	2014
	£	£
Allotted, called up and fully paid

50 Ordinary A shares of £1 each	50	50
50 Ordinary B shares of £1 each	50	50

	100	100

Page 3