JCPII Limited,Ltd - Accounts

JCPII LTD - Company Information

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JCPII Limited

For the year ended 31 March 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 05750972

Contents Page

JCPII Limited

For the year ended 31 March 2015

Balance Sheet

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Notes to the Abbreviated Financial Statements

Abbreviated Balance Sheet

JCPII Limited

As at 31 March 2015

05750972

Registered Number :

2015

Notes

2014

Fixed assets

Tangible assets

23,101

618

23,101

618

Current assets

Debtors

173,706

87,152

Cash at bank and in hand

169,669

132,459

256,821

306,165

Creditors: amounts falling due within one year

(206,890)

(155,398)

99,275

101,423

Net current assets

Total assets less current liabilities

124,524

99,893

(4,600)

Provisions for liabilities

119,924

Net assets

99,893

Capital and reserves

Called up share capital

Profit and loss account

119,829

99,798

119,924

99,893

Shareholders funds

For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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.

Date approved by the board: 22 December 2015

Mr D. De-Burgh Milne Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

JCPII Limited

For the year ended 31 March 2015

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises the invoiced value of team building and management skills training events, excluding Value Added Tax. Turnover is recognised upon completion of each event.

Deferred taxation

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

Dividends

Dividends paid in the year are on Ordinary A shares of £1 each, Ordinary B shares of £1 each, Ordinary C

shares of £1 each, Ordinary D shares of £1 each and Ordinary E shares of £1 each.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Marine Craft

25% Reducing balance

Fixtures and Fittings

15% Reducing balance

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Notes to the Abbreviated Financial Statements

JCPII Limited

For the year ended 31 March 2015

2 Tangible fixed assets

Tangible

fixed assets

Cost or valuation

1,097

At 01 April 2014

29,501

Additions

At 31 March 2015

30,598

Depreciation

479

At 01 April 2014

7,018

Charge for year

7,497

At 31 March 2015

Net book values

At 31 March 2015

23,101

618

At 31 March 2014

3 Share capital

Authorised

930 Ordinary A shares of £1.00 each

25 Ordinary B shares of £1.00 each

25 Ordinary C shares of £1.00 each

5 Ordinary D shares of £1.00 each

15 Ordinary E shares of £1.00 each

Allotted called up and fully paid

2015

2014

25 Ordinary A shares of £1.00 each

25 Ordinary B shares of £1.00 each

25 Ordinary C shares of £1.00 each

5 Ordinary D shares of £1.00 each

15 Ordinary E shares of £1.00 each

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