JGM Associates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07112167 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

JGM Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTORS:

G Moor

Mrs A Moor

REGISTERED OFFICE:

54 Kiln Close

Calvert

Buckingham

MK18 2FD

REGISTERED NUMBER:

07112167 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

Plaza 8

KD Tower

Cotterells

Hemel Hempstead

Herts

HP1 1FW

FIXED ASSETS

Tangible assets

2

1,868

2,644

CURRENT ASSETS

Debtors

2,551

9,601

Cash at bank

11,629

3,928

14,180

13,529

CREDITORS

Amounts falling due within one year

12,875

12,270

NET CURRENT ASSETS

1,305

1,259

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,173

3,903

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

3,172

3,902

SHAREHOLDERS' FUNDS

3,173

3,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 15 August 2016 and were signed on its
behalf by:

G Moor - 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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 January 2015

and 31 December 2015

6,340

DEPRECIATION

At 1 January 2015

3,696

Charge for year

776

At 31 December 2015

4,472

NET BOOK VALUE

At 31 December 2015

1,868

At 31 December 2014

2,644

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

1

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to three) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2015 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.