JNP Developments & Investments Ltd - Period Ending 2015-06-30

Registration number: 08106194

JNP Developments & Investments Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

JNP Developments & Investments Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

JNP Developments & Investments Ltd
(Registration number: 08106194)
Abbreviated Balance Sheet at 30 June 2015

		Note			2015 £			2014 £
Current assets
Stocks					40,000			40,000
Debtors					352,709			412,984
Cash at bank and in hand					747			38
					393,456			453,022
Creditors: Amounts falling due within one year					(347,188)			(402,712)
Net assets					46,268			50,310
Capital and reserves
Called up share capital		2			2			2
Profit and loss account					46,266			50,308
Shareholders' funds					46,268			50,310

For the year ending 30 June 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 28 April 2016 and signed on its behalf by:

.........................................
Mr B P Heather
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

JNP Developments & Investments Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 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 is recognised when the company obtains the right to consideration.

Work in progress

Work in progress is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

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.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

3	Related party transactions

Directors' advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
Mr B P Heather
Advances	133,425	-	-	-

Page 2