Jelly Software Ltd - Accounts to registrar - small 16.1.1

Jelly Software Ltd - Accounts to registrar - small 16.1.1

JELLY SOFTWARE LTD - Company Information

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IRIS Accounts Production v16.2.0.515 07228574 director 1.1.15 31.12.15 31.12.15 false true false false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure072285742014-12-31072285742015-12-31072285742015-01-012015-12-31072285742013-12-31072285742014-01-012014-12-31072285742014-12-3107228574ns15:EnglandWales2015-01-012015-12-3107228574ns14:PoundSterling2015-01-012015-12-3107228574ns10:Director12015-01-012015-12-3107228574ns10:PrivateLimitedCompanyLtd2015-01-012015-12-3107228574ns10:SmallEntities2015-01-012015-12-3107228574ns10:AuditExempt-NoAccountantsReport2015-01-012015-12-3107228574ns10:SmallCompaniesRegimeForDirectorsReport2015-01-012015-12-3107228574ns10:SmallCompaniesRegimeForAccounts2015-01-012015-12-3107228574ns10:AbridgedAccounts2015-01-012015-12-310722857412015-01-012015-12-3107228574ns10:RegisteredOffice2015-01-012015-12-3107228574ns5:CurrentFinancialInstruments2015-12-3107228574ns5:CurrentFinancialInstruments2014-12-3107228574ns5:ShareCapital2015-12-3107228574ns5:ShareCapital2014-12-3107228574ns5:RetainedEarningsAccumulatedLosses2015-12-3107228574ns5:RetainedEarningsAccumulatedLosses2014-12-3107228574ns5:ComputerSoftware2015-01-012015-12-3107228574ns5:CurrentFinancialInstrumentsns5:WithinOneYear2015-12-3107228574ns5:CurrentFinancialInstrumentsns5:WithinOneYear2014-12-31
REGISTERED NUMBER: 07228574 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

JELLY SOFTWARE LTD

JELLY SOFTWARE LTD (REGISTERED NUMBER: 07228574)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


JELLY SOFTWARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







DIRECTOR: Mr P Larmour





REGISTERED OFFICE: Suite 11
5 Hercules Way
Leavesden
Watford
WD25 7GS





REGISTERED NUMBER: 07228574 (England and Wales)





ACCOUNTANTS: Brookes Stephens
New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ
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JELLY SOFTWARE LTD (REGISTERED NUMBER: 07228574)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2015

2015 2014
Notes £    £    £    £   
Fixed assets
Intangible assets 5 7,720 8,000
Tangible assets 6 4,286 3,834
12,006 11,834

Current assets
Debtors: amounts falling due within one year 7 4,026 3,387
Cash at bank 3,676 7,793
7,702 11,180
Creditors
Amounts falling due within one year 8 82,566 86,718
Net current liabilities (74,864 ) (75,538 )
Total assets less current liabilities (62,858 ) (63,704 )

Capital and reserves
Called up share capital 154 154
Retained earnings (63,012 ) (63,858 )
Shareholders' funds (62,858 ) (63,704 )

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 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 notes form part of these financial statements

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JELLY SOFTWARE LTD (REGISTERED NUMBER: 07228574)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2015


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2015 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.


The financial statements were approved by the director on 29 September 2016 and were signed by:





Mr P Larmour - Director


The notes form part of these financial statements

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JELLY SOFTWARE LTD (REGISTERED NUMBER: 07228574)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015


1. STATUTORY INFORMATION

Jelly Software Ltd is a private company, limited by shares , registered in England and Wales. The company's registered
number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

These accounts are prepared on the going concern basis, the validity of which relies on the continued support of its
director whom have agreed to delay the repayment of any balance owing to them until such time as funds allow. On this
basis the director of the company considers the company capable of meeting its current financial obligations.

Turnover
Turnover represents net invoiced goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Website development costs
Website development costs incurred in the development of an income generating asset are capitalised and amortised
evenly over their estimated useful life of five years.

All other website development costs are charged to the profit and loss account during the year in which they are
incurred.

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 reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of
financial position date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of
financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the
date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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JELLY SOFTWARE LTD (REGISTERED NUMBER: 07228574)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2015


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2015 20,000
Additions 4,650
At 31 December 2015 24,650
AMORTISATION
At 1 January 2015 12,000
Amortisation for year 4,930
At 31 December 2015 16,930
NET BOOK VALUE

At 31 December 2015 7,720
At 31 December 2014 8,000

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2015 9,130
Additions 1,881
At 31 December 2015 11,011
DEPRECIATION
At 1 January 2015 5,296
Charge for year 1,429
At 31 December 2015 6,725
NET BOOK VALUE
At 31 December 2015 4,286
At 31 December 2014 3,834

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JELLY SOFTWARE LTD (REGISTERED NUMBER: 07228574)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2015


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2015 2014
£    £   
Other debtors 4,026 3,387

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2015 2014
£    £   
Trade creditors 1,473 69
Taxation and social security 954 1,724
Other creditors 80,139 84,925
82,566 86,718

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2015 2014
£    £   
Within one year 12,000 -
Between one and five years 11,000 -
23,000 -

10. RELATED PARTY DISCLOSURES

At the year end, the director was owed £80,908 (2015: £82,758). This was interest free and repayable on demand.

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