Accounts Submission

Accounts Submission

JK BARCLAY LIMITED - Company Information

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JK BARCLAY LIMITED

Company Registration Number:
SC404037 (Scotland)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 August 2015

End date: 31 July 2016

JK BARCLAY LIMITED

Abbreviated Balance sheet

As at 31 July 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 609 466
Total fixed assets: 609 466
Current assets
Stocks: 0 0
Debtors: 41,546 8,870
Cash at bank and in hand: 12,881 37,448
Total current assets: 54,427 46,318
Creditors: amounts falling due within one year: ( 15,563 ) ( 9,298 )
Net current assets (liabilities): 38,864 37,020
Total assets less current liabilities: 39,473 37,486
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 39,473 37,486

The notes form part of these financial statements

JK BARCLAY LIMITED

Balance sheet continued

As at 31 July 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 10 10
Revaluation reserve: 0 0
Profit and loss account: 39,463 37,476
Shareholders funds: 39,473 37,486

For the year ending 31 July 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 15 April 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: William Barclay Harrower
Status: Director

The notes form part of these financial statements

JK BARCLAY LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    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 policy

    Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation at rates calculated to write off the cost of the fixed asset, less their estimated residual value, over their expected useful lives; in this case 3 years straight line for office equipment.

JK BARCLAY LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 2. Tangible assets

    Total
    Cost £
    01 August 2015: 466
    Additions: 913
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 July 2016: 1,379
    Depreciation
    01 August 2015: 0
    Charge for year: 770
    On disposals: 0
    Other adjustments: 0
    31 July 2016: 770
    Net book value
    31 July 2016: 609
    31 July 2015: 466

JK BARCLAY LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10 1.00 10
    Preference shares: 0 0.00 0
    Total share capital (£): 10
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10 1.00 10
    Preference shares: 0 0.00 0
    Total share capital (£): 10