Abbreviated Company Accounts - JTS FINANCIAL LIMITED

JYS CONSULTING LTD - Company Information

09593513 JTS FINANCIAL LIMITED 2016-05-31 false 2015-05-15 2016-05-31 true 09593513 2015-05-15 2016-05-31 09593513 2016-05-31 09593513 uk-gaap-cd-bus:Director1 2015-05-15 2016-05-31 09593513 uk-gaap-cd-bus:Director2 2015-05-15 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-15 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 iso4217:GBP shares

Registered Number 09593513

JTS FINANCIAL LIMITED

Abbreviated Accounts

31 May 2016

JTS FINANCIAL LIMITED Registered Number 09593513

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	899
		899
Current assets
Cash at bank and in hand		3,782
		3,782
Creditors: amounts falling due within one year		(6,814)
Net current assets (liabilities)		(3,032)
Total assets less current liabilities		(2,133)
Total net assets (liabilities)		(2,133)
Capital and reserves
Called up share capital	3	10
Profit and loss account		(2,143)
Shareholders' funds		(2,133)

For the year ending 31 May 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.

Approved by the Board on 7 February 2017

And signed on their behalf by:
Y Choi, Director

JTS FINANCIAL LIMITED Registered Number 09593513

Notes to the Abbreviated Accounts for the period ended 31 May 2016

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 net invoiced sales of services, excluding value added tax.

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

Plant & Machinery 33% on reducing balance basis.

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
Additions	1,342
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	1,342
Depreciation
Charge for the year	443
On disposals	-
At 31 May 2016	443
Net book values
At 31 May 2016	899

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
10 Ordinary shares of £1 each	10