JNS Consulting Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05370781 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

JNS CONSULTING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J N Sealey

SECRETARY:

G Sealey

REGISTERED OFFICE:

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

South Yorkshire

S75 3SP

REGISTERED NUMBER:

05370781 (England and Wales)

ACCOUNTANTS:

Reed Smith Associates Limited

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

South Yorkshire

S75 3SP

FIXED ASSETS

Tangible assets

2

3,701

4,108

CURRENT ASSETS

Stocks

-

1,783

Debtors

15,525

2,575

Cash at bank

1,925

27,618

17,450

31,976

CREDITORS

Amounts falling due within one year

8,466

10,401

NET CURRENT ASSETS

8,984

21,575

TOTAL ASSETS LESS CURRENT LIABILITIES

12,685

25,683

PROVISIONS FOR LIABILITIES

390

394

NET ASSETS

12,295

25,289

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

12,294

25,288

SHAREHOLDERS' FUNDS

12,295

25,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 October 2014 and were signed by:

J N Sealey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

6,336

Additions

1,820

Disposals

(2,503

)

At 31 March 2014

5,653

DEPRECIATION

At 1 April 2013

2,228

Charge for year

2,227

Eliminated on disposal

(2,503

)

At 31 March 2014

1,952

NET BOOK VALUE

At 31 March 2014

3,701

At 31 March 2013

4,108

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

£

J N Sealey

Balance outstanding at start of year

1,394

1,625

Amounts repaid

(494

)

(231

)

Balance outstanding at end of year

900

1,394