JWCG Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08430270 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

JWCG LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Wyatt

REGISTERED OFFICE:

Fawler Newent

Gloucestershire

GL18 1EA

REGISTERED NUMBER:

08430270 (England and Wales)

ACCOUNTANTS:

McLintocks Limited

46 Hamilton Square

Birkenhead

Merseyside

CH41 5AR

FIXED ASSETS

Tangible assets

4

2

239

CURRENT ASSETS

Debtors

5

-

4,550

Cash at bank

62,172

82,968

62,172

87,518

CREDITORS

Amounts falling due within one year

6

53,219

83,999

NET CURRENT ASSETS

8,953

3,519

TOTAL ASSETS LESS CURRENT LIABILITIES

8,955

3,758

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

7,955

2,758

SHAREHOLDERS' FUNDS

8,955

3,758

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 19 December 2017 and were signed by:

J Wyatt - Director

1.	STATUTORY INFORMATION

Jwcg Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

These financial statements for the year ended 31 March 2017 are the first financial

statements that comply with FRS 102 Section 1A small entities. The date of transition is 1

April 2016.

The transition to FRS 102 Section 1A small entities has resulted in no changes in accounting

policies and has therefore had no impact on opening equity and profit for the comparative

period.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and

represents amounts receivable for services rendered, stated net of discounts and of Value

Added Tax.

Turnover from the rendering of services is recognised by reference to the stage of

completion of the contract. The stage of completion of the contract is determined on the

basis of the actual completion of a proportion of the total services to be rendered. Turnover

is only recognised to the extent of recoverable expenses when the outcome of the contract

cannot be estimated reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

30% on cost

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors and

directors' loans.

Directors' loans (being repayable on demand), trade debtors are measured at the

undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each

reporting period for objective evidence of impairment. If objective evidence of impairment is

found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2016

and 31 March 2017

1,189

DEPRECIATION

At 1 April 2016

950

Charge for year

237

At 31 March 2017

1,187

NET BOOK VALUE

At 31 March 2017

2

At 31 March 2016

239

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

4,550

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

15,218

20,066

Other creditors

38,001

63,933

53,219

83,999