Abbreviated Company Accounts - JAGUTEK LIMITED

06630879 JAGUTEK LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 06630879 2015-07-01 2016-06-30 06630879 2016-06-30 06630879 2015-06-30 06630879 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 06630879 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 06630879

JAGUTEK LIMITED

Abbreviated Accounts

30 June 2016

JAGUTEK LIMITED Registered Number 06630879

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	3,900	5,850
Tangible assets	3	1,133	1,512
Investments		-	-
		5,033	7,362
Current assets
Stocks		1,500	1,500
Debtors		608	221
Investments		-	-
Cash at bank and in hand		71,493	52,299
		73,601	54,020
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(28,366)	(27,111)
Net current assets (liabilities)		45,235	26,909
Total assets less current liabilities		50,268	34,271
Creditors: amounts falling due after more than one year		0	(313)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		50,268	33,958
Capital and reserves
Called up share capital	4	1,000	1,000
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		49,268	32,958
Shareholders' funds		50,268	33,958

For the year ending 30 June 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 1 November 2016

And signed on their behalf by:
Julie Barrett, Director

JAGUTEK LIMITED Registered Number 06630879

Notes to the Abbreviated Accounts for the period ended 30 June 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 goods, 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 etc. - 25% on reducing balance

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Hire purchase
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Intangible fixed assets

	£
Cost
At 1 July 2015	19,500
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 30 June 2016	19,500
Amortisation
At 1 July 2015	13,650
Charge for the year	1,950
On disposals	0
At 30 June 2016	15,600
Net book values
At 30 June 2016	3,900
At 30 June 2015	5,850

3Tangible fixed assets

	£
Cost
At 1 July 2015	5,207
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 30 June 2016	5,207
Depreciation
At 1 July 2015	3,695
Charge for the year	379
On disposals	0
At 30 June 2016	4,074
Net book values
At 30 June 2016	1,133
At 30 June 2015	1,512

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000