Abbreviated Company Accounts - JDC INVESTMENTS LIMITED
Abbreviated Company Accounts - JDC INVESTMENTS LIMITED
Registered Number 07659108
JDC INVESTMENTS LIMITED
Abbreviated Accounts
31 March 2016
JDC INVESTMENTS LIMITED Registered Number 07659108
Abbreviated Balance Sheet as at 31 March 2016
| Notes | 2016 | 2015 | |
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| £ | £ | ||
| Called up share capital not paid |
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| Fixed assets | |||
| Intangible assets |
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| Tangible assets | 2 |
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| Investments | 3 |
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| Current assets | |||
| Stocks |
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| Debtors |
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| Investments |
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| Cash at bank and in hand |
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| Prepayments and accrued income |
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| Creditors: amounts falling due within one year |
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| Net current assets (liabilities) |
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| Total assets less current liabilities |
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| Creditors: amounts falling due after more than one year |
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| Provisions for liabilities |
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| Accruals and deferred income |
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| Total net assets (liabilities) |
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| Capital and reserves | |||
| Called up share capital | 4 |
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| Profit and loss account |
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| Shareholders' funds |
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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
And signed on their behalf by:
JDC INVESTMENTS LIMITED Registered Number 07659108
Notes to the Abbreviated Accounts for the period ended 31 March 2016
1Accounting Policies
Turnover policy
Turnover represents charges for consultancy services provided to companies all of which are under the beneficial ownership of the John Caudwell.
Tangible assets depreciation policy
Fixtures and fittings 20%
Computer and IT equipment 20%
Other accounting policies
The financial statements are prepared under the historical cost convention as modified by the revaluation of investment property and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Going concern
At the balance sheet date the company has net liabilities of £382,498. The company financed its activities by a director’s loan which is repayable, in whole or in part, when the company determines that it has cash which it considers will not be required to meet its liabilities. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the directors have prepared the financial statements on the going concern basis.
The company’s turnover represents charges for consultancy services provided to the following companies all of which are ultimately under the beneficial ownership of John Caudwell.
Pure Jatomi £159,000
Lyme Properties £120,000
MY Titania 2012 Ltd £115,200
MY Capri Ltd £115,200
Caudwell Marine, S.A £100,000
Caudwell Properties (100) Ltd £95,000
Unshackled Ltd £75,000
Signia Wealth £50,000
Hyde Park Finance £30,000
Optimum £1,250
2Tangible fixed assets
| £ | |
|---|---|
| Cost | |
| At 1 April 2015 |
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| Additions |
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| Disposals |
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| Revaluations |
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| Transfers |
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| At 31 March 2016 |
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| Depreciation | |
| At 1 April 2015 |
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| Charge for the year |
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| On disposals |
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| At 31 March 2016 |
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| Net book values | |
| At 31 March 2016 | 3,916 |
| At 31 March 2015 | 6,586 |
3Fixed assets Investments