Nemesis Jauk Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: SC472968 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Nemesis Jauk Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Javid

Mrs. A Javid

K M Javid

U M Javid

SECRETARY:

REGISTERED OFFICE:

1 Abbey View

Dunfermline

KY11 4HA

REGISTERED NUMBER:

SC472968 (Scotland)

ACCOUNTANTS:

Ariston Ltd

Ariston House

Albany Road

Gateshead

Tyne and Wear

NE8 3AT

FIXED ASSETS

Intangible assets

3

118,206

Property, plant and equipment

4

24,854

143,060

CURRENT ASSETS

Inventories

68,250

Debtors

5

45,515

Cash at bank and in hand

111,183

224,948

CREDITORS

Amounts falling due within one year

6

130,447

NET CURRENT ASSETS

94,501

TOTAL ASSETS LESS CURRENT LIABILITIES

237,561

CREDITORS

Amounts falling due after more than one year

7

51,970

NET ASSETS

185,591

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

185,491

SHAREHOLDERS' FUNDS

185,591

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.

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 28 December 2017 and were signed on its behalf by:

M Javid - Director

1.	STATUTORY INFORMATION

Nemesis Jauk 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.

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

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.

Fixtures and fittings

-

15% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

118,206

NET BOOK VALUE

At 31 March 2017

118,206

At 31 March 2016

118,206

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 April 2016

23,091

Additions

12,162

At 31 March 2017

35,253

DEPRECIATION

At 1 April 2016

5,111

Charge for year

5,288

At 31 March 2017

10,399

NET BOOK VALUE

At 31 March 2017

24,854

At 31 March 2016

17,980

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

45,515

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

63,662

Taxation and social security

15,939

Other creditors

50,846

130,447

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

51,970

Amounts falling due in more than five years:

Repayable by instalments

Santander loan

51,970