Company Registration No. 06601364 (England and Wales)
Jump and Play Limited
Abbreviated unaudited accounts
for the year ended 31 March 2016
Jump and Play Limited
Abbreviated Balance Sheet
as at 31 March 2016
Cash at bank and in hand
248
20,989
Creditors: amounts falling due within one year
(12,308)
(15,620)
Net current assets
19,781
22,039
Total assets less current liabilities
19,781
26,430
Creditors: amounts falling due after more than one year
-
(1,707)
Provisions for liabilities
-
(878)
Called up share capital
1
1
Profit and loss account
19,780
23,844
Total shareholders' funds
19,781
23,845
For the year ending 31 March 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 9 December 2016
M L Swainston
Director
Company Registration No. 06601364
Jump and Play Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Plant and machinery 20% straight line basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
2
Tangible fixed assets
Plant & machinery
Amounts due after more than one year
31,841
16,670
Jump and Play Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
5
Transactions with directors
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest free unsecured loan
-
18,941
-
18,941
