SJBN Limited - Period Ending 2015-07-31

Registration number: 08619994

SJBN Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2015
 

SJBN Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

SJBN Limited (Registration number: 08619994)
Abbreviated Balance Sheet at 31 July 2015

		Note			31 July 2015 £			31 July 2014 £
Fixed assets
Tangible fixed assets					2,579			-
Current assets
Debtors					15,000			9,097
Cash at bank and in hand					1,179			611
					16,179			9,708
Creditors: Amounts falling due within one year					(17,297)			(9,230)
Net current (liabilities)/assets					(1,118)			478
Net assets					1,461			478
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					1,361			378
Shareholders' funds					1,461			478

For the year ending 31 July 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 27 January 2016 and signed on its behalf by:

.........................................
Mr T Bowers
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

SJBN Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2015
......... continued

1	Accounting policies

Basis of preparation

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).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		3,439			3,439
At 31 July 2015		3,439			3,439
Depreciation
Charge for the year		860			860
At 31 July 2015		860			860
Net book value
At 31 July 2015		2,579			2,579

Page 2

SJBN Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 July 2015						31 July 2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 3