JPS Inns Ltd - Limited company - abbreviated - 11.0.0
JPS Inns Ltd - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30 September 2013 |
| for |
| JPS INNS LTD |
| JPS INNS LTD (REGISTERED NUMBER: 07646194) |
| Contents of the Abbreviated Accounts |
| for the year ended 30 September 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| JPS INNS LTD |
| Company Information |
| for the year ended 30 September 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| JPS INNS LTD (REGISTERED NUMBER: 07646194) |
| Abbreviated Balance Sheet |
| 30 September 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 were approved by the Board of Directors on |
| JPS INNS LTD (REGISTERED NUMBER: 07646194) |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2013 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Included in creditors is a balance due to current and former directors of £186,481. The directors have agreed to |
| defer repayment of sufficient of their loans to enable the company to pay its debts as and when they fall due. |
| Following the initial start-up period, in the current financial year the company is trading profitably. The directors |
| are therefore of the opinion that the going concern basis is appropriate. |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| 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 |
| Total |
| £ |
| COST |
| At 1 October 2012 |
| Additions |
| At 30 September 2013 |
| DEPRECIATION |
| At 1 October 2012 |
| Charge for year |
| At 30 September 2013 |
| NET BOOK VALUE |
| At 30 September 2013 |
| At 30 September 2012 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| Ordinary C | £1 |
| Ordinary D | £1 |
| 300 | 300 |