J N Export Services Limited - Accounts to registrar - small 17.2

J N Export Services Limited - Accounts to registrar - small 17.2

J N EXPORT SERVICES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v17.2.1.52 03348082 director 1.4.16 31.3.17 31.3.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure033480822016-03-31033480822017-03-31033480822016-04-012017-03-31033480822015-03-31033480822015-04-012016-03-31033480822016-03-3103348082ns15:EnglandWales2016-04-012017-03-3103348082ns14:PoundSterling2016-04-012017-03-3103348082ns10:Director12016-04-012017-03-3103348082ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3103348082ns10:SmallEntities2016-04-012017-03-3103348082ns10:AuditExempt-NoAccountantsReport2016-04-012017-03-3103348082ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3103348082ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3103348082ns10:FullAccounts2016-04-012017-03-3103348082ns10:CompanySecretary12016-04-012017-03-3103348082ns10:RegisteredOffice2016-04-012017-03-3103348082ns5:CurrentFinancialInstruments2017-03-3103348082ns5:CurrentFinancialInstruments2016-03-3103348082ns5:ShareCapital2017-03-3103348082ns5:ShareCapital2016-03-3103348082ns5:RetainedEarningsAccumulatedLosses2017-03-3103348082ns5:RetainedEarningsAccumulatedLosses2016-03-3103348082ns5:FurnitureFittings2016-04-012017-03-3103348082ns5:FurnitureFittings2016-03-3103348082ns5:FurnitureFittings2017-03-3103348082ns5:FurnitureFittings2016-03-3103348082ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3103348082ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-31


REGISTERED NUMBER: 03348082 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

J N EXPORT SERVICES LIMITED

J N EXPORT SERVICES LIMITED (REGISTERED NUMBER: 03348082)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


J N EXPORT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: J Nalty





SECRETARY: Mrs B J Nalty





REGISTERED OFFICE: Ibex House
162-164 Arthur Road
Wimbledon
London
SW19 8AQ





REGISTERED NUMBER: 03348082 (England and Wales)





ACCOUNTANTS: Z group
Ibex House
162-164 Arthur Road
Wimbledon Park
London
SW19 8AQ
Page 1
J N EXPORT SERVICES LIMITED (REGISTERED NUMBER: 03348082)

BALANCE SHEET
31 MARCH 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 446 695

CURRENT ASSETS
Debtors 6 154,250 93,614
Cash at bank 116,723 95,196
270,973 188,810
CREDITORS
Amounts falling due within one year 7 126,960 71,611
NET CURRENT ASSETS 144,013 117,199
TOTAL ASSETS LESS CURRENT
LIABILITIES
144,459
117,894

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 144,359 117,794
144,459 117,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 13 September 2017 and were signed by:





J Nalty - Director


The notes form part of these financial statements

Page 2
J N EXPORT SERVICES LIMITED (REGISTERED NUMBER: 03348082)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

J N Export Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover represents freight and shipping charges receivable net of value added tax and is recognised when
goods are shipped on behalf of customers.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 20% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

BASIC FINANCIAL INSTRUMENTS
Basic financial assets and financial liabilities that have no stated interest rate and are classified as payable or
receivable within one year are measured at transaction price including transaction costs minus repayments of
the principal and in the case of a financial asset minus any reduction for impairment and uncollectability.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange
ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating
result.

4. EMPLOYEES AND DIRECTORS

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

Page 3 continued...
J N EXPORT SERVICES LIMITED (REGISTERED NUMBER: 03348082)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 April 2016
and 31 March 2017 9,237
DEPRECIATION
At 1 April 2016 8,542
Charge for year 249
At 31 March 2017 8,791
NET BOOK VALUE
At 31 March 2017 446
At 31 March 2016 695

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 153,350 92,658
Other debtors 900 956
154,250 93,614

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 8,838 11,546
Corporation tax 6,787 6,163
Social security and other taxes - 71
Directors' current accounts 15,515 16,386
Accruals and deferred income 95,820 37,445
126,960 71,611

8. FIRST YEAR ADOPTION

This is the first year that the company has presented its financial statements in accordance with the provisions
of Section 1A 'Small Entities' of Financial Reporting Standard 102 'The Financial Reporting Framework
applicable in the UK and Republic of Ireland' (FRS 102 1A). For financial years up to and including the year
ended 30 April 2016 the company prepared its financial statements in accordance with the old UK GAAP.

There were no changes to the previously reported results on transition to FRS 102.


Page 4