JANET JOHN LIMITED - Abbreviated accounts

JANET JOHN LIMITED - Company Information

Registered number

05977066

JANET JOHN LIMITED

Abbreviated Accounts

31 March 2016

JANET JOHN LIMITED

Report to the director on the preparation of the unaudited abbreviated accounts of JANET JOHN LIMITED for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of JANET JOHN LIMITED for the year ended 31 March 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Lewis and Company
Chartered Certified Accountants
85 Commercial Street
Risca
Newport
Gwent
NP11 6AW

0/12/16

JANET JOHN LIMITED
Registered number:		05977066
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	3		5,306			3,665

Current assets
Debtors		96,998			47,962
Cash at bank and in hand		57,642			30,185
		154,640			78,147

Creditors: amounts falling due within one year		(63,158)			(50,466)

Net current assets			91,482			27,681

Total assets less current liabilities			96,788			31,346

Creditors: amounts falling due after more than one year			(88,801)			(30,573)



Net assets			7,987			773

Capital and reserves
Called up share capital	4		1			1
Profit and loss account			7,986			772

Shareholder's funds			7,987			773

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mrs J L Phillips
Director
Approved by the board on 20 December 2016

JANET JOHN LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% reducing balance

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Intangible fixed assets					£

	Cost
	At 1 April 2015					140,000
	At 31 March 2016					140,000

	Amortisation
	At 1 April 2015					140,000
	At 31 March 2016					140,000

	Net book value
	At 31 March 2016					-


3	Tangible fixed assets					£

	Cost
	At 1 April 2015					13,419
	Additions					2,499
	At 31 March 2016					15,918

	Depreciation
	At 1 April 2015					9,754
	Charge for the year					858
	At 31 March 2016					10,612

	Net book value
	At 31 March 2016					5,306
	At 31 March 2015					3,665


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1


5	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mrs J L Phillips
	Director's loan account	(5,795)		75,570		(134,641)		(64,866)

		(5,795)		75,570		(134,641)		(64,866)