JP Consultants (London) Ltd,Ltd - AccountsLtd - Accounts

JP Consultants (London) Ltd,Ltd - AccountsLtd - Accounts

JP CONSULTANTS (LONDON) LIMITED - Company Information

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2016-02-01 06783514 2016-12-31 06783514 2016-02-01 2016-12-31 06783514 2016-01-31 06783514 2015-02-01 2016-01-31 06783514 uk-core:WithinOneYear 2016-01-31 06783514 uk-core:WithinOneYear 2016-12-31 06783514 uk-core:AfterOneYear 2016-01-31 06783514 uk-core:AfterOneYear 2016-12-31 06783514 uk-core:ShareCapital 2016-12-31 06783514 uk-core:ShareCapital 2016-01-31 06783514 uk-core:RetainedEarningsAccumulatedLosses 2016-12-31 06783514 uk-core:RetainedEarningsAccumulatedLosses 2016-01-31 06783514 uk-bus:Director1 2016-02-01 2016-12-31 06783514 uk-core:Buildings 2016-02-01 2016-12-31 06783514 uk-core:PlantMachinery 2016-02-01 2016-12-31 06783514 uk-core:ToolsEquipment 2016-02-01 2016-12-31 06783514 uk-core:MotorCars 2016-02-01 2016-12-31 06783514 uk-core:FurnitureFittings 2016-02-01 2016-12-31 06783514 uk-core:ToolsEquipment 2016-01-31 06783514 uk-core:FurnitureFittings 2016-01-31 06783514 uk-core:PlantMachinery 2016-01-31 06783514 uk-core:Buildings 2016-01-31 06783514 uk-core:PlantMachinery 2016-12-31 06783514 uk-core:FurnitureFittings 2016-12-31 06783514 uk-core:ToolsEquipment 2016-12-31 06783514 uk-core:Buildings 2016-12-31 06783514 uk-core:AfterOneYear uk-core:Secured 2016-12-31 06783514 uk-core:AfterOneYear uk-core:Secured 2016-01-31 iso4217:GBP 06783514 uk-bus:AuditExemptWithAccountantsReport 2016-02-01 2016-12-31 06783514 uk-bus:FRS102 2016-02-01 2016-12-31 06783514 uk-bus:FullAccounts 2016-02-01 2016-12-31 06783514 uk-bus:PrivateLimitedCompanyLtd 2016-02-01 2016-12-31
JP Consultants (London) Ltd
Registered Number:06783514
For the period 01 February 2016 to 31 December 2016
England and Wales
Unaudited Financial Statements
2
For the period 01 February 2016 to 31 December 2016
JP Consultants (London) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 31 December 2016
JP Consultants (London) Ltd
Statement of Financial Position
Registered Number :
06783514
£
£
2016
2016
Notes
Fixed assets
Property, plant and equipment
25,779
28,272
2
25,779
28,272
Current assets
Trade and other receivables
38,204
28,758
3
2,049
Cash and cash equivalents
2,874
31,632
40,253
Trade and other payables: amounts falling due within one
year
(32,370)
(33,267)
4
7,883
(1,635)
Net current liabilities
Total assets less current liabilities
24,144
36,155
Trade and other payables: amounts falling due after more
than one year
(8,487)
(18,553)
5
5,591
Net assets
27,668
Capital and reserves
Called up share capital
100
100
Retained earnings
5,491
27,568
5,591
27,668
Shareholders' funds
For the period 01 February 2016 to 31 December 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the period 01 February 2016 to 31 December 2016 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mr Jigar Surendra Mehta Director
These financial statements were approved and authorised for issue by the Board on 16 January 2018 and were signed by:
The notes form part of these financial statements
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4
For the period 01 February 2016 to 31 December 2016
JP Consultants (London) Ltd
Notes to the Financial Statements
Statutory Information
JP Consultants (London) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06783514.
Registered address:
786 Harrow Road
Wembley
Middlesex
HA0 3EL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
6.67 Straight line
Plant and machinery
25 Reducing balance
25 Reducing balance
Computer equipment
25 Reducing balance
Motor vehicles
25 Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the period 01 February 2016 to 31 December 2016
JP Consultants (London) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 February 2016
39,353
7,660
3,527
1,429
26,737
727
699
28
-
-
Additions
At 31 December 2016
1,429
3,555
8,359
40,080
26,737
Provision for depreciation and impairment
At 01 February 2016
11,081
4,617
2,020
959
3,485
Charge for period
3,220
935
384
118
1,783
At 31 December 2016
14,301
5,552
2,404
1,077
5,268
At 31 December 2016
Net book value
21,469
352
1,151
2,807
25,779
At 31 January 2016
23,252
470
1,507
3,043
28,272
3. Trade and other receivables
2016
2016
£
£
Trade debtors
17,913
26,982
Other debtors
10,845
11,222
38,204
28,758
The debtors above include the following amounts falling due after more than one year:
Other debtors
3,375
3,375
4. Trade and other payables: amounts falling due within one year
2016
2016
£
£
Trade creditors
10,215
5,847
Taxation and social security
12,361
16,085
Other creditors
10,691
10,438
33,267
32,370
3 of 4
6
For the period 01 February 2016 to 31 December 2016
JP Consultants (London) Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2016
2016
£
£
Bank loans and overdraft
18,553
8,487
6. Transition to FRS 102
The entity prepares its first financial statements that comply with FRS 102 for the year ended 30th June 2016. The
date of transition to FRS 102 is 1st July 2015. The transition to FRS 102 has resulted in only a small number of
changes in accounting policies compared to those used previously.
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