Abbreviated Company Accounts - JK AERO LIMITED

07997612 JK AERO LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07997612 2013-04-01 2014-03-31 07997612 2014-03-31 07997612 2013-03-31 07997612 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07997612 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07997612

JK AERO LIMITED

Abbreviated Accounts

31 March 2014

JK AERO LIMITED Registered Number 07997612

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,132	1,509
		1,132	1,509
Current assets
Debtors		7,561	6,748
Cash at bank and in hand		19	219
		7,580	6,967
Creditors: amounts falling due within one year		(8,710)	(8,475)
Net current assets (liabilities)		(1,130)	(1,508)
Total assets less current liabilities		2	1
Total net assets (liabilities)		2	1
Capital and reserves
Called up share capital	3	2	1
Shareholders' funds		2	1

For the year ending 31 March 2014 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 December 2014

And signed on their behalf by:
JOHN KNUTTON, Director

JK AERO LIMITED Registered Number 07997612

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	2,012
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	2,012
Depreciation
At 1 April 2013	503
Charge for the year	377
On disposals	-
At 31 March 2014	880
Net book values
At 31 March 2014	1,132
At 31 March 2013	1,509

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each (1 shares for 2013)	2	1

The company’s share capital is split into 2 classes designated ‘A’ and ‘B’. The shares in both classes rank pari passu. There is 1 share in issue from class ‘A’ and 1 from class ‘B’.

4Transactions with directors

Name of director receiving advance or credit:	JOHN KNUTTON
Description of the transaction:	INTEREST FREE LOANS
Balance at 1 April 2013:	£ 6,216
Advances or credits made:	£ 955
Advances or credits repaid:	-
Balance at 31 March 2014:	£ 7,171