J_T_I_PRESTIGE_&_PERFORMA - Accounts
J_T_I_PRESTIGE_&_PERFORMA - Accounts
Company Registration No. 05074024 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
3
(586,912 )
(569,595 )
Net current liabilities
(563,681 )
(550,103 )
Total assets less current liabilities
(552,178 )
(534,785 )
Capital and reserves
Called up share capital
4
Profit and loss account
(552,180 )
(534,787 )
Shareholders' funds
(552,178 )
(534,785 )
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2016
- 2 -
Directors' responsibilities:
-
-
Approved by the Board for issue on 21 December 2016
Director
Company Registration No. 05074024
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
1
Accounting policies
1.1
Accounting convention
The company is considered a going concern due to the continued support from the directors.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
Computer equipment
Fixtures and fittings
Motor vehicles
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015 & at 31 March 2016
88,114
Depreciation
At 1 April 2015
72,797
Charge for the year
3,814
At 31 March 2016
76,611
Net book value
At 31 March 2016
11,503
At 31 March 2015
15,318
3
Creditors: amounts falling due within one year
Included within other creditors are directors loan balances of £551,529 (2015 £546,528).
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 4 -
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid