Joy Arkley Training Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09917456 (England and Wales)

Unaudited Financial Statements

for the Period

15 December 2015 to 31 December 2016

for

Joy Arkley Training Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J P Walker

REGISTERED OFFICE:

Llwchyrhal Uchaf

Blaen-Cil-Llech

Newcastle Emlyn

Ceredigion

SA38 9EP

REGISTERED NUMBER:

09917456 (England and Wales)

ACCOUNTANTS:

Ashmole & Co.

Chartered Certified Accountants

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3LN

FIXED ASSETS

Tangible assets

2

127

CURRENT ASSETS

Debtors

3

4,481

CREDITORS

Amounts falling due within one year

4

4,590

NET CURRENT LIABILITIES

(109

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18

CAPITAL AND RESERVES

Called up share capital

6

2

Profit and loss account

7

16

SHAREHOLDERS' FUNDS

18

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 August 2017 and were signed by:

Mrs J P Walker - 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.

Plant and machinery etc

-

50% on cost

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

Plant and

machinery

etc

£

COST

Additions

253

At 31 December 2016

253

DEPRECIATION

Charge for period

126

At 31 December 2016

126

NET BOOK VALUE

At 31 December 2016

127

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

4,481

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

3,508

Trade creditors

823

Taxation and social security

258

Other creditors

1

4,590

5.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due within one year or on demand:

Bank overdrafts

3,508

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

B Ordinary

1

1

Allotted and issued:

Number:

Class:

Nominal

value:

£

1

Share capital 1

1

1

The following shares were allotted at par during the period:

1 A Ordinary shares of 1 each

1 B Ordinary shares of 1 each

7.

RESERVES

Profit

and loss

account

£

Profit for the period

741

Dividends

(725

)

At 31 December 2016

16

8.	RELATED PARTY DISCLOSURES

During the period, total dividends of £725 were paid to the director .

Mrs J P Walker

£

Amount due from related party at the balance sheet date

4,481

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J P Walker.