Jasco Applied Sciences (UK) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07035094 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 30 September 2015

for

Jasco Applied Sciences (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R D J Burns

S A Carr

D E Hannay

R G Racca

REGISTERED OFFICE:

The Roundel

St Clair's Farm

Wickham Road

Droxford

Hampshire

SO32 3PW

REGISTERED NUMBER:

07035094 (England and Wales)

ACCOUNTANTS:

Butler & Co (Bishops Waltham) Limited

Chartered Accountants

Avalon House

Waltham Business Park

Brickyard Road, Swanmore

Southampton

Hampshire

SO32 2SA

FIXED ASSETS

Tangible assets

2

2,673

4,052

CURRENT ASSETS

Debtors

107,206

67,105

Cash at bank

208,170

198,892

315,376

265,997

CREDITORS

Amounts falling due within one year

171,191

97,532

NET CURRENT ASSETS

144,185

168,465

TOTAL ASSETS LESS CURRENT LIABILITIES

146,858

172,517

PROVISIONS FOR LIABILITIES

535

811

NET ASSETS

146,323

171,706

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

146,123

171,506

SHAREHOLDERS' FUNDS

146,323

171,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 22 March 2016 and were signed on its behalf by:

R D J Burns - 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.

Plant and machinery

-

25% reducing balance basis

Fixtures and equipment

-

25% on cost

Computer equipment

-

25% reducing balance basis

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

13,005

DEPRECIATION

At 1 October 2014

8,953

Charge for year

1,379

At 30 September 2015

10,332

NET BOOK VALUE

At 30 September 2015

2,673

At 30 September 2014

4,052

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

100

"A"

£1

100

100

Allotted and issued:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

100

Ordinary

£1

100

100