JLC Properties Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09436013 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2017

for

JLC Properties Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J Cohen

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

09436013 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

6,800

-

-

CURRENT ASSETS

Cash at bank

16,153

20,049

-

CREDITORS

Amounts falling due within one year

5

(16,828

)

(18,540

)

-

NET CURRENT (LIABILITIES)/ASSETS

(675

)

1,509

-

TOTAL ASSETS LESS CURRENT LIABILITIES

6,125

1,509

-

NET ASSETS

6,125

1,509

-

CAPITAL AND RESERVES

Called up share capital

1

1

-

Retained earnings

6

6,124

1,508

-

SHAREHOLDERS' FUNDS

6,125

1,509

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 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 6 August 2017 and were signed by:

Mr J Cohen - Director

1.	STATUTORY INFORMATION

JLC Properties Ltd 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.

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

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

Additions

8,000

At 28 February 2017

8,000

DEPRECIATION

Charge for year

1,200

At 28 February 2017

1,200

NET BOOK VALUE

At 28 February 2017

6,800

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

28.2.16

£

£

Trade creditors

9,828

663

Taxation and social security

5,032

4,377

Other creditors

1,968

13,500

16,828

18,540

6.

RESERVES

Retained

earnings

£

At 29 February 2016

1,508

Profit for the year

26,616

Dividends

(22,000

)

At 28 February 2017

6,124

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £22,000 were paid to the director .

The Director Mr J Cohen is considered to be key management personnel.