JMR Engineering Consultants Limited - Period Ending 2016-08-31

Registration number: 05899144

JMR Engineering Consultants Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 August 2016
 

Bruce Marshall & Co Limited
Accountants and Tax Advisers
3 Crewe Road
Sandbach
Cheshire
CW11 4NE

JMR Engineering Consultants Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

JMR Engineering Consultants Limited
(Registration number: 05899144)
Abbreviated Balance Sheet at 31 August 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1			1
Current assets
Debtors					1			3,126
Cash at bank and in hand					18,301			10,198
					18,302			13,324
Creditors: Amounts falling due within one year					(17,481)			(12,828)
Net current assets					821			496
Net assets					822			497
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					820			495
Shareholders' funds					822			497

For the year ending 31 August 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 director acknowledges his 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 director on 23 February 2017

.........................................
JM Reader
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

JMR Engineering Consultants Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% straight line basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 September 2015		1,704			1,704
At 31 August 2016		1,704			1,704
Depreciation
At 1 September 2015		1,703			1,703
At 31 August 2016		1,703			1,703
Net book value
At 31 August 2016		1			1
At 31 August 2015		1			1

Page 2

JMR Engineering Consultants Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary A share of £1 each		1			1			1			1
Ordinary B share of £1 each		1			1			1			1
		2			2			2			2

4	Related party transactions

Director's advances and credits

	2016 Advance/ Credit £	2016 Repaid £	2015 Advance/ Credit £	2015 Repaid £
AJ Reader
Loan	-	-	2,500	-

Page 3