JWJ Consultancy Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06139282 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

JWJ Consultancy Ltd

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

1,476

1,554

CURRENT ASSETS

Debtors

14,294

3,658

Cash at bank

68,354

59,051

82,648

62,709

CREDITORS

Amounts falling due within one year

19,359

22,978

NET CURRENT ASSETS

63,289

39,731

TOTAL ASSETS LESS CURRENT
LIABILITIES

64,765

41,285

PROVISIONS FOR LIABILITIES

295

311

NET ASSETS

64,470

40,974

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

64,468

40,972

SHAREHOLDERS' FUNDS

64,470

40,974

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 2 December 2016 and were signed on its behalf
by:

Mr J W Johnson - Director

Mrs T Johnson - 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 services, 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.

Plant and machinery etc

-

25% - 50% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

10,018

Additions

622

At 31 August 2016

10,640

DEPRECIATION

At 1 September 2015

8,464

Charge for year

700

At 31 August 2016

9,164

NET BOOK VALUE

At 31 August 2016

1,476

At 31 August 2015

1,554

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2016 and

31 August 2015:

2016

2015

£

Mr J W Johnson

Balance outstanding at start of year

-

Amounts advanced

573

30,253

Amounts repaid

(573

)

(30,253

)

Balance outstanding at end of year

-

Mrs T Johnson

Balance outstanding at start of year

-

Amounts advanced

573

13,068

Amounts repaid

(573

)

(13,068

)

Balance outstanding at end of year

-