Abbreviated Company Accounts - JK AERO LIMITED

07997612 JK AERO LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07997612 2015-04-01 2016-03-31 07997612 2016-03-31 07997612 2015-03-31 07997612 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07997612 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 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 07997612

JK AERO LIMITED

Abbreviated Accounts

31 March 2016

JK AERO LIMITED Registered Number 07997612

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	637	849
		637	849
Current assets
Debtors		6,421	8,233
Cash at bank and in hand		2,471	903
		8,892	9,136
Creditors: amounts falling due within one year		(9,527)	(9,983)
Net current assets (liabilities)		(635)	(847)
Total assets less current liabilities		2	2
Total net assets (liabilities)		2	2
Capital and reserves
Called up share capital	3	2	2
Shareholders' funds		2	2

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 10 November 2016

And signed on their behalf by:
JOHN KNUTTON, Director

JK AERO LIMITED Registered Number 07997612

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 April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities

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

Plant and machinery - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	2,012
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	2,012
Depreciation
At 1 April 2015	1,163
Charge for the year	212
On disposals	-
At 31 March 2016	1,375
Net book values
At 31 March 2016	637
At 31 March 2015	849

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2

The company's share capital is split into 2 classes designated 'A' and 'B'. The shares in both classes rank pari passu.

4Transactions with directors

Name of director receiving advance or credit:	John Knutton
Description of the transaction:	Interest free loans
Balance at 1 April 2015:	£ 7,843
Advances or credits made:	-
Advances or credits repaid:	£ 1,812
Balance at 31 March 2016:	£ 6,031