Accounts filed on 30-11-2015

trueJETBP LIMITED078637062015-11-3016879824789716880024789922168800247899168800247899166630245187137349434183039792886051216371407801823421478252170271221702712Basis of accounting 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 The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. Fixed Assets All fixed assets are initially recorded at cost. Post retirement benefits During the period the company will have contributed a gross amount of £60,000 to the personal pension fund of its Director. The company will have also contributed a gross amount of £60,000 to the personal pension fund of its staff. Financial Instruments Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. Plant & MachineryMethod for Plant & equipment0.0000339033901220678542339033901220678542Ordinary1000110001000Ordinary12222016-05-10Mr S Suntruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureJETBP LIMITED2014-12-012015-11-30JETBP LIMITED2013-12-012014-11-30JETBP LIMITED2013-11-30JETBP LIMITED2014-11-30JETBP LIMITED2014-11-30JETBP LIMITED2015-11-30 2016-05-27