Justdo.Solutions Limited - Period Ending 2016-10-31

Registration number: 09281676

Justdo.Solutions Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2016
 

Justdo.Solutions Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Justdo.Solutions Limited
(Registration number: 09281676)
Abbreviated Balance Sheet at 31 October 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,694			3,387
Current assets
Debtors					65,372			17,407
Cash at bank and in hand					89,177			81,918
					154,549			99,325
Creditors: Amounts falling due within one year					(56,812)			(86,843)
Net current assets					97,737			12,482
Net assets					99,431			15,869
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					99,430			15,868
Shareholders' funds					99,431			15,869

For the year ending 31 October 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 31 May 2017

.........................................
Martin Forrest
Director

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

Justdo.Solutions Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 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).

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	33% straight line

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.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2015		5,080			5,080
At 31 October 2016		5,080			5,080
Depreciation
At 1 November 2015		1,693			1,693
Charge for the year		1,693			1,693
At 31 October 2016		3,386			3,386
Net book value
At 31 October 2016		1,694			1,694
At 31 October 2015		3,387			3,387

Page 2

Justdo.Solutions Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary Shares of £1 each		1			1			1			1

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