Abbreviated Company Accounts - JETSTREAM AVIATION LIMITED

Abbreviated Company Accounts - JETSTREAM AVIATION LIMITED


Registered Number 03648610

JETSTREAM AVIATION LIMITED

Abbreviated Accounts

31 October 2013

JETSTREAM AVIATION LIMITED Registered Number 03648610

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 308 321
Investments - -
308 321
Current assets
Stocks - -
Debtors 1,125 1,059
Investments - -
Cash at bank and in hand - 176
1,125 1,235
Prepayments and accrued income - -
Creditors: amounts falling due within one year (3,265) (2,128)
Net current assets (liabilities) (2,140) (893)
Total assets less current liabilities (1,832) (572)
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) (1,832) (572)
Capital and reserves
Called up share capital 3 2 2
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (1,834) (574)
Shareholders' funds (1,832) (572)
  • For the year ending 31 October 2013 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.

Approved by the Board on 28 July 2014

And signed on their behalf by:
M J Best, Director

JETSTREAM AVIATION LIMITED Registered Number 03648610

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting 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 effective April 2008.

Turnover policy
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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assetsover their estimated useful lives.
Plant and Machinery 25% Reducing Balance Basis
Fixtures & Fittings 25% Reducing Balance Basis

2Tangible fixed assets
£
Cost
At 1 November 2012 2,978
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2013 2,978
Depreciation
At 1 November 2012 2,657
Charge for the year 13
On disposals 0
At 31 October 2013 2,670
Net book values
At 31 October 2013 308
At 31 October 2012 321
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
2 Ordinary shares of £1 each 2 2