Abbreviated Company Accounts - JB83 LTD

07301070 JB83 LTD 2015-07-31 false 2014-08-01 2015-07-31 true 07301070 2014-08-01 2015-07-31 07301070 2015-07-31 07301070 2014-07-31 07301070 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 07301070 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:Director3 2014-08-01 2015-07-31 uk-gaap-cd-bus:Director3 2015-07-31 uk-gaap-cd-bus:Director3 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 07301070

JB83 LTD

Abbreviated Accounts

31 July 2015

JB83 LTD Registered Number 07301070

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,600	4,610
		4,600	4,610
Current assets
Debtors		12,350	13,041
Cash at bank and in hand		19,010	2,155
		31,360	15,196
Creditors: amounts falling due within one year		(34,214)	(18,805)
Net current assets (liabilities)		(2,854)	(3,609)
Total assets less current liabilities		1,746	1,001
Provisions for liabilities		(920)	(922)
Total net assets (liabilities)		826	79
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		825	78
Shareholders' funds		826	79

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 20 April 2016

And signed on their behalf by:
Mr J Brown, Director

JB83 LTD Registered Number 07301070

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - 15% on written down value

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 August 2014	7,613
Additions	802
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	8,415
Depreciation
At 1 August 2014	3,003
Charge for the year	812
On disposals	-
At 31 July 2015	3,815
Net book values
At 31 July 2015	4,600
At 31 July 2014	4,610

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	Mr J Brown
Description of the transaction:	Interest free loans
Balance at 1 August 2014:	£ 12,430
Advances or credits made:	-
Advances or credits repaid:	£ 3,188
Balance at 31 July 2015:	£ 9,242