JWF (Group) Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: SC493916 (Scotland)

JWF (GROUP) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2016

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

K Fairbairn

J M Kerlin

D Gemmell

R J Allan

REGISTERED OFFICE:

85 Seaward Street

Glasgow

G41 1HJ

REGISTERED NUMBER:

SC493916 (Scotland)

ACCOUNTANTS:

Russell & Russell

Chartered Accountants

4 Royal Crescent

Glasgow

G3 7SL

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the

company is only required to file a Balance Sheet. Readers are cautioned that the Statement of

Comprehensive Income and certain other primary statements and the Report of the Directors are not

required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of JWF (Group) Limited for the year ended 31st December 2016 which comprise the Income

Statement, Balance Sheet, and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of JWF (Group) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JWF (Group) Limited and state those matters that we have agreed to state to the Board of Directors of JWF (Group) Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JWF (Group) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JWF (Group) Limited. You consider that JWF (Group) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JWF (Group) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Russell & Russell

Chartered Accountants

4 Royal Crescent

Glasgow

G3 7SL

26th September 2017

FIXED ASSETS

Investments

3

1,452

1,452

CURRENT ASSETS

Cash at bank

37,619

12,383

CREDITORS

Amounts falling due within one year

4

5,615

2,802

NET CURRENT ASSETS

32,004

9,581

TOTAL ASSETS LESS CURRENT LIABILITIES

33,456

11,033

CAPITAL AND RESERVES

Called up share capital

5

1,450

1,450

Retained earnings

32,006

9,583

SHAREHOLDERS' FUNDS

33,456

11,033

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26th September 2017 and were signed on its behalf by:

D Gemmell - Director

1.	STATUTORY INFORMATION

JWF (Group) Limited is a private company, limited by shares , registered in Scotland. The company's

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

The financial statements are presented in Sterling, which is the functional currency of the company.

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.

Preparation of consolidated financial statements

The financial statements contain information about JWF (Group) Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company has taken the

option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is

any contract that evidences a residual interest in the assets of the company after deducting all of its

liabilities.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2016

and 31st December 2016

1,452

NET BOOK VALUE

At 31st December 2016

1,452

At 31st December 2015

1,452

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Amounts owed to group undertakings

3,748

1,002

Accruals and deferred income

1,867

1,800

5,615

2,802

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

£

£

123,250

Ordinary

£0.01

1,232

1,232

7,250

A Ordinary

£0.01

73

73

7,250

B Ordinary

£0.01

72

72

7,250

C Ordinary

£0.01

73

73

1,450

1,450

6.	ULTIMATE CONTROLLING PARTY