JJW_FRANCHISE_CONSULTANCY - Accounts

JJW FRANCHISE CONSULTANCY LIMITED - Company Information

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Company Registration No. 08551953 (England and Wales)

JJW FRANCHISE CONSULTANCY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

JJW FRANCHISE CONSULTANCY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

JJW FRANCHISE CONSULTANCY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

409

614

Current assets

Debtors

Cash at bank and in hand

13,544

13,545

Creditors: amounts falling due within one year

(419)

(13,957)

Net current liabilities

(395)

(412)

Total assets less current liabilities

202

Capital and reserves

Called up share capital

Profit and loss account

201

Shareholders' funds

202

Audit exemption statement

For the financial year ended 31 May 2015 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 22 February 2016

J West

Director

Company Registration No. 08551953

JJW FRANCHISE CONSULTANCY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

- 2 -

Accounting policies

1.1

Accounting convention

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

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services provided net of flat rate VAT.

1.4

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 less estimated residual value of each asset over its expected useful life, as follows:

Equipment

25% on cost

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 June 2014 & at 31 May 2015

819

Depreciation

At 1 June 2014

205

Charge for the year

205

At 31 May 2015

410

Net book value

At 31 May 2015

409

At 31 May 2014

614

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary share of £1 each