Company Registration No. 02542050 (England and Wales)
LONDON JOURNALS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
Richard Anthony
Chartered Accountants
LONDON JOURNALS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
LONDON JOURNALS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
3,003
860
Current assets
Debtors
4,480
49
Cash at bank and in hand
2,722
2,671
7,202
2,720
Creditors: amounts falling due within one year
(5,833)
(2,733)
Net current assets/(liabilities)
1,369
(13)
Total assets less current liabilities
4,372
847
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
4,272
747
Shareholders' funds
4,372
847
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 8 June 2016
P F Smith Esq
Director
Company Registration No. 02542050
LONDON JOURNALS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
25% on cost
Fixtures, fittings & equipment
25% on cost
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2014
6,779
Additions
3,144
At 30 September 2015
9,923
Depreciation
At 1 October 2014
5,919
Charge for the year
1,001
At 30 September 2015
6,920
Net book value
At 30 September 2015
3,003
At 30 September 2014
860
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
2015-09-302014-10-01falsetruetruetruetruetruetmpC7B5.html2016-06-10025420502014-10-012015-09-30025420502015-09-30025420502014-09-30025420502014-09-3002542050uk-bus:Director12014-10-012015-09-3002542050uk-gaap:ComputerEquipment2014-10-012015-09-3002542050uk-gaap:FixturesFittingsToolsEquipment2014-10-012015-09-3002542050uk-bus:OrdinaryShareClass12014-10-012015-09-3002542050uk-bus:OrdinaryShareClass12015-09-3002542050uk-bus:OrdinaryShareClass12014-09-30xbrli:purexbrli:sharesiso4217:GBP
