Micro-entity Accounts - JETSET CARGO LIMITED

JETSET CARGO LIMITED - Company Information

02051944 JETSET CARGO LIMITED 2017-06-30 false 2016-07-01 2017-06-30 true 02051944 2016-07-01 2017-06-30 02051944 2017-06-30 02051944 2016-06-30 02051944 uk-gaap-cd-bus:Director1 2016-07-01 2017-06-30 02051944 uk-gaap-cd-bus:Director2 2016-07-01 2017-06-30 02051944 uk-gaap-cd-bus:AllEntityOfficers 2016-07-01 2017-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-01 2017-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2017-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 iso4217:GBP shares

Registered Number 02051944

JETSET CARGO LIMITED

Micro-entity Accounts

30 June 2017

JETSET CARGO LIMITED Registered Number 02051944

Micro-entity Balance Sheet as at 30 June 2017

	Notes	2017	2016
		£	£
Tangible assets	1	-	3,291
Fixed Assets		-	3,291
Current assets
Debtors		3,090	83,569
Cash at bank and in hand		81,285	155,270
		84,375	238,839
Creditors: amounts falling due within one year		(84,347)	(69,077)
Net current assets (liabilities)		28	169,762
Total assets less current liabilities		28	173,053
Provisions for liabilities		-	(636)
Total net assets (liabilities)		28	172,417
Capital and reserves
Called up share capital	2	10,000	10,000
Profit and loss account		(9,972)	162,417
Shareholders' funds		28	172,417

For the year ending 30 June 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 October 2017

And signed on their behalf by:
A I Roderick, Director

JETSET CARGO LIMITED Registered Number 02051944

Notes to the Micro-entity Accounts for the period ended 30 June 2017

1Tangible fixed assets

	£
Cost
At 1 July 2016	20,327
Additions	-
Disposals	(20,327)
Revaluations	-
Transfers	-
At 30 June 2017	0
Depreciation
At 1 July 2016	17,036
Charge for the year	-
On disposals	(17,036)
At 30 June 2017	0
Net book values
At 30 June 2017	0
At 30 June 2016	3,291

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
10,000 Ordinary shares of £1 each (100,000 shares for 2016)	10,000	100,000

3Accounting Policies

Basis of measurement and preparation of accounts
JETSET CARGO LIMITED is a private company limited by shares incorporated in England and Wales. The registered office is Global House, 303 Ballards Lane, London, N12 8NP.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of goods sold and services
rendered during the year. All activities of the company are continuing.

Tangible assets depreciation policy
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.

Fixtures, fittings & equipment 15% straight line basis
Computer equipment 25% straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is credited or charged to profit or loss .