JAG Warehousing & Distribution Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08607173 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

JAG Warehousing & Distribution Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Gamester

Mrs J Gamester

SECRETARY:

G E White

REGISTERED OFFICE:

Unit 25, Oakham Drive

Sheffield

South Yorkshire

S3 9QX

REGISTERED NUMBER:

08607173 (England and Wales)

ACCOUNTANTS:

Rapinet & Co

21a Sandygate Road

Crosspool

Sheffield

South Yorkshire

S10 5NG

FIXED ASSETS

Tangible assets

2

21,917

13,240

CURRENT ASSETS

Debtors

11,941

4,741

Cash at bank

736

736

12,677

5,477

CREDITORS

Amounts falling due within one year

21,229

18,636

NET CURRENT LIABILITIES

(8,552

)

(13,159

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,365

81

CREDITORS

Amounts falling due after more than one year

12,827

-

NET ASSETS

538

81

CAPITAL AND RESERVES

Called up share capital

3

3

3

Profit and loss account

535

78

SHAREHOLDERS' FUNDS

538

81

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 1 November 2016 and were signed on its behalf by:

A Gamester - 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.

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

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 April 2015

17,576

Additions

15,919

At 31 March 2016

33,495

DEPRECIATION

At 1 April 2015

4,336

Charge for year

7,242

At 31 March 2016

11,578

NET BOOK VALUE

At 31 March 2016

21,917

At 31 March 2015

13,240

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

3

ordinary

1

3

3