JAM Project Management Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06661270 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2016

FOR

JAM PROJECT MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss J A Minnis

SECRETARY:

M M Minnis

REGISTERED OFFICE:

1st Floor

42-44 Brunswick Road

Shoreham-by-Sea

West Sussex

BN43 5WB

REGISTERED NUMBER:

06661270 (England and Wales)

ACCOUNTANTS:

Dalewood Limited

1st Floor

42-44 Brunswick Road

Shoreham-by-Sea

West Sussex

BN43 5WB

FIXED ASSETS

Tangible assets

2

1,140

1,521

CURRENT ASSETS

Stocks

5,453

6,640

Cash at bank

12,792

38,945

18,245

45,585

CREDITORS

Amounts falling due within one year

9,056

23,859

NET CURRENT ASSETS

9,189

21,726

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,329

23,247

PROVISIONS FOR LIABILITIES

-

304

NET ASSETS

10,329

22,943

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

10,328

22,942

SHAREHOLDERS' FUNDS

10,329

22,943

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20th April 2017 and were signed by:

Miss J A Minnis - 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 January 2015).

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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 1st August 2015

and 31st July 2016

3,119

DEPRECIATION

At 1st August 2015

1,598

Charge for year

381

At 31st July 2016

1,979

NET BOOK VALUE

At 31st July 2016

1,140

At 31st July 2015

1,521

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

1

Ordinary

£1

1