Abbreviated Company Accounts - JUMPSTACK LIMITED

Registered Number 06569748

JUMPSTACK LIMITED

Abbreviated Accounts

31 March 2015

JUMPSTACK LIMITED Registered Number 06569748

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	60	80
		60	80
Current assets
Stocks		25,000	25,000
Debtors		1,845	1,821
		26,845	26,821
Creditors: amounts falling due within one year		(121,682)	(97,730)
Net current assets (liabilities)		(94,837)	(70,909)
Total assets less current liabilities		(94,777)	(70,829)
Creditors: amounts falling due after more than one year		-	(1,425)
Total net assets (liabilities)		(94,777)	(72,254)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(94,877)	(72,354)
Shareholders' funds		(94,777)	(72,254)

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 17 December 2015

And signed on their behalf by:
Mrs N L Aldridge, Director

JUMPSTACK LIMITED Registered Number 06569748

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

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 comprises the value of sales excluding value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less estimated residual value, over their expected useful lives on the following bases:
Computer equipment 25 % per annum reducing balance basis

Valuation information and policy
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 April 2014	446
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	446
Depreciation
At 1 April 2014	366
Charge for the year	20
On disposals	-
At 31 March 2015	386
Net book values
At 31 March 2015	60
At 31 March 2014	80