Jaggstash Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00260894 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Jaggstash Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G A F Smith

Mrs J H Grundy

Mrs S A Turner

SECRETARY:

G A F Smith

REGISTERED OFFICE:

11 The Office Village

North Road

Loughborough

Leicestershire

LE11 1QJ

REGISTERED NUMBER:

00260894 (England and Wales)

ACCOUNTANTS:

Brockhurst Davies Limited

11 The Office Village

North Road

Loughborough

Leicestershire

LE11 1QJ

FIXED ASSETS

Tangible assets

2

806,471

842,741

CURRENT ASSETS

Debtors

6,303

3,473

Cash at bank

109,297

77,068

115,600

80,541

CREDITORS

Amounts falling due within one year

18,062

11,867

NET CURRENT ASSETS

97,538

68,674

TOTAL ASSETS LESS CURRENT
LIABILITIES

904,009

911,415

PROVISIONS FOR LIABILITIES

172

442

NET ASSETS

903,837

910,973

CAPITAL AND RESERVES

Called up share capital

3

330,000

Share premium

30,000

Profit and loss account

543,837

550,973

SHAREHOLDERS' FUNDS

903,837

910,973

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

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

The directors acknowledge their 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 Board of Directors on 22 June 2016 and were signed on its behalf by:

G A F 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 amounts (excluding value added tax) derived from the rental of property during the year

entirely within the United Kingdom.

Tangible fixed assets

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

life:

Freehold Property - 2% per annum

Long leasehold property - the period of the lease or 50 years, whichever is shorter

Plant & machinery - 10% per annum

No depreciation is provided on undeveloped land.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,047,295

DEPRECIATION

At 1 April 2015

1,204,554

Charge for year

36,270

At 31 March 2016

1,240,824

NET BOOK VALUE

At 31 March 2016

806,471

At 31 March 2015

842,741

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

330,000

'A' Ordinary

£1

330,000