JAKT Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07928430 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 January 2016

for

JAKT Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs R J Smith

REGISTERED OFFICE:

Riverside Chambers

Full Street

Derby

DE1 3AF

REGISTERED NUMBER:

07928430 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

2

7,773

8,846

CURRENT ASSETS

Debtors

13,408

16,413

Cash at bank

10

-

13,418

16,413

CREDITORS

Amounts falling due within one year

18,866

21,668

NET CURRENT LIABILITIES

(5,448

)

(5,255

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,325

3,591

CAPITAL AND RESERVES

Called up share capital

3

101

Profit and loss account

2,224

3,490

SHAREHOLDERS' FUNDS

2,325

3,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 26 April 2016 and were signed by:

Mrs R J Smith - 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 January 2015).

Turnover

Turnover represents the value of goods and services provided during the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Camera equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all material timing differences.

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 February 2015

12,984

Additions

300

At 31 January 2016

13,284

DEPRECIATION

At 1 February 2015

4,138

Charge for year

1,373

At 31 January 2016

5,511

NET BOOK VALUE

At 31 January 2016

7,773

At 31 January 2015

8,846

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

1

Class A

£1

1

101