Jaydee Brook Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07100652 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

JAYDEE BROOK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountant

7

DIRECTORS:

D M Laughton

Mrs J Laughton

SECRETARY:

Mrs J Laughton

REGISTERED OFFICE:

Brook House

Bakewell Road

Orton Southgate

Peterborough

Cambridgeshire

PE2 6BW

REGISTERED NUMBER:

07100652 (England and Wales)

ACCOUNTANT:

HW Huntingdon Limited

2a Chequers Court

Huntingdon

Cambridgeshire

PE29 3LJ

FIXED ASSETS

Tangible assets

2

905,368

874,360

CURRENT ASSETS

Stocks

17,500

20,000

Debtors

821,111

888,489

Cash at bank and in hand

1,378,433

1,371,148

2,217,044

2,279,637

CREDITORS

Amounts falling due within one year

1,654,914

1,985,445

NET CURRENT ASSETS

562,130

294,192

TOTAL ASSETS LESS CURRENT LIABILITIES

1,467,498

1,168,552

CREDITORS

Amounts falling due after more than one year

3

(494,074

)

(462,204

)

PROVISIONS FOR LIABILITIES

(48,716

)

-

ACCRUALS AND DEFERRED INCOME

(94,043

)

(165,804

)

NET ASSETS

830,665

540,544

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

830,663

540,542

SHAREHOLDERS' FUNDS

830,665

540,544

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 16 September 2016 and were signed on its behalf by:

D M Laughton - Director

Mrs J Laughton - 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 goods, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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 January 2015

1,150,000

Additions

224,704

Disposals

(26,930

)

At 31 December 2015

1,347,774

DEPRECIATION

At 1 January 2015

275,640

Charge for year

173,029

Eliminated on disposal

(6,263

)

At 31 December 2015

442,406

NET BOOK VALUE

At 31 December 2015

905,368

At 31 December 2014

874,360

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.15

31.12.14

£

£

Repayable otherwise than by instalments

412,835

427,405

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

130

Ordinary A

.01

1

1

70

Ordinary B

.01

1

1

2

2

Prescribed particulars in relation to A shares:

The majority A shareholder (as defined in the Company's Articles of Association - "the Articles") has weighted

voting rights, in that he shall have such number of votes as shall establish as between the majority A shareholder

and the other shareholders a majority in the majority A shareholder's favour, in accordance with article 11.2 of

the Articles.

The majority A shareholder has the right to appoint and remove Directors under article 13 of the Articles.

The majority A shareholder Director has two votes on any resolution proposed at a meeting of the Directors. The

A shares confer a right to participate in dividends and distributions of the Company.

Prescribed particulars in relation to B shares:

Right to vote at meetings of the Company - one vote per B ordinary share.

Right to participate in dividends and distributions of the Company.

There are restrictions on the transfer of B shares as set out in article 7 of the Articles.

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 six) 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, I 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 me.

HW Huntingdon Limited

2a Chequers Court

Huntingdon

Cambridgeshire

PE29 3LJ

16 September 2016