J J Ironing and Cleaning Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07457067 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

J J Ironing and Cleaning Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Brus

SECRETARY:

REGISTERED OFFICE:

Yeomans

Bassetts Lane

Woodham Walter

Maldon

Essex

CM9 6RY

REGISTERED NUMBER:

07457067 (England and Wales)

ACCOUNTANTS:

Barber Accountancy Ltd

Yeomans

Bassett's Lane

Woodham Walter

Maldon

Essex

CM9 6RY

FIXED ASSETS

Intangible assets

4

12,600

13,500

Tangible assets

5

-

750

12,600

14,250

CURRENT ASSETS

Debtors

6

3,717

3,717

Cash at bank

5,497

6,891

9,214

10,608

CREDITORS

Amounts falling due within one year

7

(3,515

)

(4,208

)

NET CURRENT ASSETS

5,699

6,400

TOTAL ASSETS LESS CURRENT LIABILITIES

18,299

20,650

CREDITORS

Amounts falling due after more than one year

8

(15,440

)

(12,555

)

NET ASSETS

2,859

8,095

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,759

7,995

SHAREHOLDERS' FUNDS

2,859

8,095

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

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 26 June 2017 and were signed by:

J Brus - Director

1.	STATUTORY INFORMATION

J J Ironing and Cleaning Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2016

and 31 December 2016

18,000

AMORTISATION

At 1 January 2016

4,500

Charge for year

900

At 31 December 2016

5,400

NET BOOK VALUE

At 31 December 2016

12,600

At 31 December 2015

13,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

16,394

DEPRECIATION

At 1 January 2016

15,644

Charge for year

750

At 31 December 2016

16,394

NET BOOK VALUE

At 31 December 2016

-

At 31 December 2015

750

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/16

31/12/15

£

£

Trade debtors

2,687

2,687

Other debtors

1,030

1,030

3,717

3,717

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/16

31/12/15

£

£

Trade creditors

-

(1

)

Taxation and social security

3,515

4,209

3,515

4,208

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/16

31/12/15

£

£

Other creditors

15,440

12,555