JLF Testing Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08159707 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2017

for

JLF Testing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J L Frew

REGISTERED OFFICE:

2 Gardner Way

Barrow Upon Soar

Loughborough

Leicestershire

LE12 8QW

REGISTERED NUMBER:

08159707 (England and Wales)

FIXED ASSETS

Tangible assets

4

127

317

CURRENT ASSETS

Debtors

5

8,658

25,272

Cash at bank

110,128

2,073

118,786

27,345

CREDITORS

Amounts falling due within one year

6

38,283

23,942

NET CURRENT ASSETS

80,503

3,403

TOTAL ASSETS LESS CURRENT LIABILITIES

80,630

3,720

PROVISIONS FOR LIABILITIES

24

63

NET ASSETS

80,606

3,657

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

80,506

3,557

SHAREHOLDERS' FUNDS

80,606

3,657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director on 12 December 2017 and were signed by:

Mr J L Frew - Director

1.	STATUTORY INFORMATION

JLF Testing 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.

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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of

Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done

in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts

for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 May 2016

and 30 April 2017

1,609

DEPRECIATION

At 1 May 2016

1,292

Charge for year

190

At 30 April 2017

1,482

NET BOOK VALUE

At 30 April 2017

127

At 30 April 2016

317

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

8,658

25,272

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Corporation tax

25,256

16,689

VAT

11,457

5,687

Net Wages Control

680

675

Directors' current accounts

482

482

Accruals and deferred income

408

409

38,283

23,942