JAS Housing Developments Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09415996 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

JAS Housing Developments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Aviles

Mrs D Aviles

REGISTERED OFFICE:

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

REGISTERED NUMBER:

09415996 (England and Wales)

ACCOUNTANTS:

Astons Accountants

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

FIXED ASSETS

Intangible assets

4

8,000

9,000

Tangible assets

5

383,800

573,400

391,800

582,400

CURRENT ASSETS

Stocks

283,514

147,315

Debtors

13,889

24,292

Cash at bank

184

9,318

297,587

180,925

CREDITORS

Amounts falling due within one year

983,665

781,279

NET CURRENT LIABILITIES

(686,078

)

(600,354

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(294,278

)

(17,954

)

CREDITORS

Amounts falling due after more than one year

11,492

15,659

NET LIABILITIES

(305,770

)

(33,613

)

CAPITAL AND RESERVES

Called up share capital

6

6

6

Retained earnings

(305,776

)

(33,619

)

SHAREHOLDERS' FUNDS

(305,770

)

(33,613

)

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 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 December 2017 and were signed on its behalf by:

Mr J Aviles - Director

1.	STATUTORY INFORMATION

JAS Housing Developments 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

10,000

AMORTISATION

At 1 April 2016

1,000

Amortisation for year

1,000

At 31 March 2017

2,000

NET BOOK VALUE

At 31 March 2017

8,000

At 31 March 2016

9,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

577,999

Disposals

(185,000

)

At 31 March 2017

392,999

DEPRECIATION

At 1 April 2016

4,599

Charge for year

4,600

At 31 March 2017

9,199

NET BOOK VALUE

At 31 March 2017

383,800

At 31 March 2016

573,400

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinary A

£1

2

2

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

6

6