JCPII Limited,Ltd - Accounts

JCPII Limited,Ltd - Accounts

JCPII LTD - Company Information

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2015-04-01 true false Private Limited Company 05750972 2016-03-31 05750972 2015-04-01 2016-03-31 05750972 2015-03-31 05750972 2014-04-01 2015-03-31 05750972 uk-bus:Director1 2015-04-01 2016-03-31 05750972 uk-gaap:Boats 2015-04-01 2016-03-31 05750972 uk-gaap:FixturesFittings 2015-04-01 2016-03-31 05750972 uk-bus:OrdinaryShareClass1 2016-03-31 05750972 uk-bus:OrdinaryShareClass2 2016-03-31 05750972 uk-bus:OrdinaryShareClass3 2016-03-31 05750972 uk-bus:OrdinaryShareClass4 2016-03-31 05750972 uk-bus:OrdinaryShareClass5 2016-03-31 iso4217:GBP
JCPII Limited
For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05750972
2
Contents Page
JCPII Limited
For the year ended 31 March 2016
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
Abbreviated Balance Sheet
JCPII Limited
As at 31 March 2016
05750972
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Tangible assets
2
47,749
23,101
47,749
23,101
Current assets
Debtors
87,152
49,813
Cash at bank and in hand
35,094
169,669
84,907
256,821
Creditors: amounts falling due within one year
(155,398)
(42,900)
101,423
42,007
Net current assets
Total assets less current liabilities
89,756
124,524
(9,600)
(4,600)
Provisions for liabilities
80,156
Net assets
119,924
Capital and reserves
Called up share capital
95
3
95
Profit and loss account
80,061
119,829
80,156
119,924
Shareholders funds
For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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.
Date approved by the board: 30 December 2016
Mr D. De-Burgh Milne Director
Signed on behalf of the board of directors
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4
Notes to the Abbreviated Financial Statements
JCPII Limited
For the year ended 31 March 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of team building and management skills training events, excluding Value Added Tax. Turnover is recognised upon completion of each event.
Deferred taxation
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.
Dividends
Dividends paid in the year are on Ordinary A shares of £1 each, Ordinary B shares of £1 each and Ordinary C
shares of £1 each.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Marine Craft
25% Reducing balance
Fixtures and Fittings
15% Reducing balance
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5
Notes to the Abbreviated Financial Statements
JCPII Limited
For the year ended 31 March 2016
2 Tangible fixed assets
Tangible
fixed assets
Cost or valuation
£
30,598
At 01 April 2015
39,986
Additions
At 31 March 2016
70,584
Depreciation
7,497
At 01 April 2015
15,338
Charge for year
22,835
At 31 March 2016
Net book values
At 31 March 2016
47,749
23,101
At 31 March 2015
3 Share capital
Authorised
930 Ordinary A shares of £1.00 each
25 Ordinary B shares of £1.00 each
25 Ordinary C shares of £1.00 each
5 Ordinary D shares of £1.00 each
15 Ordinary E shares of £1.00 each
Allotted called up and fully paid
2016
2015
£
£
25 Ordinary A shares of £1.00 each
25
25
25 Ordinary B shares of £1.00 each
25
25
25 Ordinary C shares of £1.00 each
25
25
5 Ordinary D shares of £1.00 each
5
5
15 Ordinary E shares of £1.00 each
15
15
95
95
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