Abbreviated Company Accounts - JIGSAW ARTS FRANCHISE LIMITED

JIGSAW ARTS FRANCHISE LIMITED - Company Information

08763212 JIGSAW ARTS FRANCHISE LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08763212 2015-04-01 2016-03-31 08763212 2016-03-31 08763212 2015-03-31 08763212 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08763212 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08763212

JIGSAW ARTS FRANCHISE LIMITED

Abbreviated Accounts

31 March 2016

JIGSAW ARTS FRANCHISE LIMITED Registered Number 08763212

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	79,720	-
Tangible assets	3	18,800	-
		98,520	-
Current assets
Debtors		16,085	-
Cash at bank and in hand		44,739	1,733
		60,824	1,733
Creditors: amounts falling due within one year		(128,496)	(13,559)
Net current assets (liabilities)		(67,672)	(11,826)
Total assets less current liabilities		30,848	(11,826)
Creditors: amounts falling due after more than one year		(5,385)	-
Total net assets (liabilities)		25,463	(11,826)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		25,363	(11,926)
Shareholders' funds		25,463	(11,826)

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 October 2016

And signed on their behalf by:
Miss N J Lander, Director

JIGSAW ARTS FRANCHISE LIMITED Registered Number 08763212

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 33.3% straight line
Fixtures, fittings & equipment 15% reducing balance
Motor vehicles 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 1 April 2015	-
Additions	79,720
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	79,720
Amortisation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	79,720
At 31 March 2015	-

3Tangible fixed assets

	£
Cost
At 1 April 2015	-
Additions	23,139
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	23,139
Depreciation
At 1 April 2015	-
Charge for the year	4,339
On disposals	-
At 31 March 2016	4,339
Net book values
At 31 March 2016	18,800
At 31 March 2015	-

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100