JMM Financial Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09872785 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 16 NOVEMBER 2015 TO 30 NOVEMBER 2016

FOR

JMM FINANCIAL SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J M Moss

REGISTERED OFFICE:

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

REGISTERED NUMBER:

09872785 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Tangible assets

2

245

CURRENT ASSETS

Debtors

12,843

Cash at bank

5,580

18,423

CREDITORS

Amounts falling due within one year

9,729

NET CURRENT ASSETS

8,694

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,939

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

8,839

SHAREHOLDERS' FUNDS

8,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 7 August 2017 and were signed by:

J M Moss - 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 invoiced sales of services.

Revenue is recognised at the point an invoice is raised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Going concern

There are no material uncertainties that may cast significant doubt about the company's ability to

continue as a going concern.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

371

At 30 November 2016

371

DEPRECIATION

Charge for period

126

At 30 November 2016

126

NET BOOK VALUE

At 30 November 2016

245

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

75

Ordinary A

1

75

25

Ordinary B

1

25

100

The following shares were allotted and fully paid for cash at par during the period:

75 Ordinary A Shares of £1 each.

25 Ordinary B Shares of £1 each.

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended

30 November 2016:

£

J M Moss

Balance outstanding at start of period

-

Amounts advanced

52,242

Amounts repaid

(39,713

)

Balance outstanding at end of period

12,529

Interest has been charged on the balance at the approved rate. There are no set repayment terms.

5.	COMPARATIVE FIGURES

There are no comparative figures in these financial statements as this is the company's first year of

trade.