Accounts filed on 31-03-2016


J S RAINBOW LIMITED

Company Registration Number:
07403649 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

J S RAINBOW LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes

2016
£

2015
£
Fixed assets
Tangible assets: 2 971,506 409,603
Total fixed assets: 971,506 409,603
Current assets
Stocks: 285
Debtors: 2,100
Cash at bank and in hand: 1,362 24,743
Total current assets: 1,362 27,128
Creditors: amounts falling due within one year: ( 19,719 ) ( 21,706 )
Net current assets (liabilities): ( 18,357 ) 5,422
Total assets less current liabilities: 953,149 415,025
Creditors: amounts falling due after more than one year: ( 950,922 ) ( 416,439 )
Provision for liabilities: ( 1,044 )
Total net assets (liabilities): 1,183 ( 1,414 )

The notes form part of these financial statements

J S RAINBOW LIMITED

Balance sheet continued

As at 31 March 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 3 2 2
Profit and loss account: 1,181 ( 1,416 )
Shareholders funds: 1,183 ( 1,414 )

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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 20 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Jun SHI
Status: Director

The notes form part of these financial statements

J S RAINBOW LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting 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.

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company.

    Tangible fixed assets depreciation policy

    Plant and machinery 20% straight line

J S RAINBOW LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 412,303
    Additions: 563,483
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 975,786
    Depreciation
    01 April 2015: 2,700
    Charge for year: 1,580
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 4,280
    Net book value
    31 March 2016: 971,506
    31 March 2015: 409,603

J S RAINBOW LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2