JELM Consulting Limited Company Accounts

JELM CONSULTING LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 08294047

JELM Consulting Limited

Filleted Unaudited Financial Statements

31 March 2017

JELM Consulting Limited

Financial Statements

Year ended 31 March 2017

Contents	Page

Report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	3

JELM Consulting Limited

Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of JELM Consulting Limited

Year ended 31 March 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JELM Consulting Limited for the year ended 31 March 2017, which comprise the statement of financial position 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 the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the director of JELM Consulting Limited in accordance with the terms of our engagement letter dated 8 August 2014. Our work has been undertaken solely to prepare for your approval the financial statements of JELM Consulting Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JELM Consulting Limited and its director for our work or for this report.

It is your duty to ensure that JELM Consulting 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 loss of JELM Consulting Limited. You consider that JELM Consulting 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 JELM Consulting 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.

BAULF-JAMES Chartered accountant

17-19 Station Road West Oxted Surrey RH8 9EE

22 December 2017

JELM Consulting Limited

Statement of Financial Position

31 March 2017

	2017	2016
Note	£	£

Current assets

Debtors	5	2,190	–
Cash at bank and in hand		4,568	14,266
		-------	--------
		6,758	14,266

Creditors: amounts falling due within one year	6	10,022	7,831
		--------	--------
Net current (liabilities)/assets		( 3,264)	6,435
		-------	-------
Total assets less current liabilities		( 3,264)	6,435
		-------	-------
Net (liabilities)/assets		( 3,264)	6,435
		-------	-------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 3,265)	6,434
	-------	-------
Members (deficit)/funds	( 3,264)	6,435
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 December 2017 , and are signed on behalf of the board by:

J F K El-Mokadem
Director

Company registration number: 08294047

JELM Consulting Limited

Notes to the Financial Statements

Year ended 31 March 2017

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17-19 Station Road West, Oxted, Surrey, RH8 9EE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Transition to FRS 102

The entity transitioned from previous UK GAAP to FRS 102 as at 1 April 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 8.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Corporation tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.

4. Employee numbers

The average number of persons employed by the company during the year, including the director, amounted to 2 (2016: 2 ).

5. Debtors

	2017	2016
	£	£
Trade debtors	800	–
Other debtors	1,390	–
	-------	----
	2,190	–
	-------	----

6. Creditors: amounts falling due within one year

	2017	2016
	£	£
Corporation tax	–	1,390
Other creditors	10,022	6,441
	--------	-------
	10,022	7,831
	--------	-------

7. Related party transactions

The company was under the control of J F K El-Mokadem throughout the current period. J F K El-Mokadem is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

8. Transition to FRS 102

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 April 2015.

No transitional adjustments were required in equity or profit or loss for the year.