Japan Genki Trading Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04638686

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

JAPAN GENKI TRADING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

G. WHERRELL

T. WHERRELL

SECRETARY:

T. WHERRELL

REGISTERED OFFICE:

78 MILL LANE

London

NW6 1JZ

REGISTERED NUMBER:

04638686

ACCOUNTANTS:

ALAN HEYWOOD & COMPANY

CHARTERED ACCOUNTANTS &

REGISTERED AUDITORS

78 MILL LANE

LONDON

NW6 1JZ

FIXED ASSETS

Tangible assets

2

6,266

4,730

Investments

3

8,957

8,957

15,223

13,687

CURRENT ASSETS

Stocks

8,329

8,628

Debtors

7,235

1,743

Cash at bank

1,248

2,642

16,812

13,013

CREDITORS

Amounts falling due within one year

49,624

44,449

NET CURRENT LIABILITIES

(32,812

)

(31,436

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,589

)

(17,749

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(17,591

)

(17,751

)

SHAREHOLDERS' FUNDS

(17,589

)

(17,749

)

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

The members have not required the company to obtain an audit of its financial statements for the year 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 23 December 2015 and were signed on its behalf by:

G. WHERRELL - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

26,922

Additions

3,625

At 31 March 2015

30,547

DEPRECIATION

At 1 April 2014

22,192

Charge for year

2,089

At 31 March 2015

24,281

NET BOOK VALUE

At 31 March 2015

6,266

At 31 March 2014

4,730

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2014

and 31 March 2015

8,957

NET BOOK VALUE

At 31 March 2015

8,957

At 31 March 2014

8,957

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

2

ORDINARY

£1

2

2

5.

CONTROL

The company has been controlled throughout the year by G.Wherrell and T.Wherrell, directors and shareholders.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial

statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of

Japan Genki Trading Limited for the year ended 31 March 2015 which comprise the Profit and Loss Account, the Balance Sheet, the

Cash Flow Statement, the Statement of Total Recognised Gains and Losses and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Japan Genki Trading Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Japan Genki Trading Limited and state those matters that we have agreed to state to the Board of Directors of Japan Genki Trading Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Japan Genki Trading Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Japan Genki Trading Limited. You consider that Japan Genki Trading Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Japan Genki Trading Limited. For this reason,

we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we

do not, therefore, express any opinion on the statutory financial statements.

ALAN HEYWOOD & COMPANY

CHARTERED ACCOUNTANTS &

REGISTERED AUDITORS

78 MILL LANE

LONDON

NW6 1JZ

23 December 2015