Red Jumper Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08422231 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 29 February 2016

for

Red Jumper Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D N Amos

REGISTERED OFFICE:

31-34 High Street

Bristol

Somerset

BS1 2AW

REGISTERED NUMBER:

08422231 (England and Wales)

ACCOUNTANTS:

A C Mole & Sons

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Intangible assets

2

-

366,666

Tangible assets

3

3,436

5,614

3,436

372,280

CURRENT ASSETS

Debtors

100,192

103,365

Cash at bank

1,176,339

408,928

1,276,531

512,293

CREDITORS

Amounts falling due within one year

574,068

539,184

NET CURRENT ASSETS/(LIABILITIES)

702,463

(26,891

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

705,899

345,389

PROVISIONS FOR LIABILITIES

274

955

NET ASSETS

705,625

344,434

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

705,525

344,334

SHAREHOLDERS' FUNDS

705,625

344,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19 August 2016 and were signed by:

D N Amos - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years.

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

-

33% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

and 29 February 2016

1,100,000

AMORTISATION

At 1 March 2015

733,334

Amortisation for year

366,666

At 29 February 2016

1,100,000

NET BOOK VALUE

At 29 February 2016

-

At 28 February 2015

366,666

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

12,288

Additions

2,877

At 29 February 2016

15,165

DEPRECIATION

At 1 March 2015

6,674

Charge for year

5,055

At 29 February 2016

11,729

NET BOOK VALUE

At 29 February 2016

3,436

At 28 February 2015

5,614

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

80

Ordinary A shares

1

80

20

Ordinary B shares

1

20

100