Abbreviated Company Accounts - JOVEL LIMITED

Abbreviated Company Accounts - JOVEL LIMITED

JOVEL LIMITED - Company Information

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Registered Number 06172098

JOVEL LIMITED

Abbreviated Accounts

31 March 2016

JOVEL LIMITED Registered Number 06172098

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid 1 1
Fixed assets
Tangible assets 2 270 270
270 270
Creditors: amounts falling due within one year (645) (645)
Net current assets (liabilities) (645) (645)
Total assets less current liabilities (374) (374)
Total net assets (liabilities) (374) (374)
Capital and reserves
Called up share capital 1 1
Profit and loss account (375) (375)
Shareholders' funds (374) (374)
  • 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 16 December 2016

And signed on their behalf by:
Aramide Alakiu, Director

JOVEL LIMITED Registered Number 06172098

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 invoiced value of goods and services supplied by the company, net of value added tax and trade discounts

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.
Plant and machinery 25% straight line

2Tangible fixed assets
£
Cost
At 1 April 2015 360
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 360
Depreciation
At 1 April 2015 90
Charge for the year -
On disposals -
At 31 March 2016 90
Net book values
At 31 March 2016 270
At 31 March 2015 270