Junipa Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04451026 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017

FOR

JUNIPA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Prof R C Harris

REGISTERED OFFICE:

4 Armstrong Close

Newmarket

Suffolk

CB8 8HD

REGISTERED NUMBER:

04451026 (England and Wales)

ACCOUNTANTS:

Bernard Edge & Co

The Old Courts

147 All Saints Road

Newmarket

Suffolk

CB8 8HH

BANKERS:

Barclays Bank Plc

58 High Street

Newmarket

Suffolk

CB8 8NH

FIXED ASSETS

Tangible assets

3

1,330

1,710

Investment property

4

190,000

146,951

191,330

148,661

CURRENT ASSETS

Debtors

5

85

75

Cash at bank

501,416

330,020

501,501

330,095

CREDITORS

Amounts falling due within one year

6

51,775

35,683

NET CURRENT ASSETS

449,726

294,412

TOTAL ASSETS LESS CURRENT LIABILITIES

641,056

443,073

PROVISIONS FOR LIABILITIES

14,210

300

NET ASSETS

626,846

442,773

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

7

39,139

10,000

Retained earnings

7

587,706

432,772

SHAREHOLDERS' FUNDS

626,846

442,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 6 February 2018 and were signed by:

Prof R C Harris - Director

1.	STATUTORY INFORMATION

Junipa Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net royalties received, excluding value added tax.

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

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

3.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 June 2016

and 31 May 2017

317

3,978

4,295

DEPRECIATION

At 1 June 2016

127

2,458

2,585

Charge for year

50

330

380

At 31 May 2017

177

2,788

2,965

NET BOOK VALUE

At 31 May 2017

140

1,190

1,330

At 31 May 2016

190

1,520

1,710

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2016

146,951

Revaluations

43,049

At 31 May 2017

190,000

NET BOOK VALUE

At 31 May 2017

190,000

At 31 May 2016

146,951

Fair value at 31 May 2017 is represented by:

£

Valuation in 2016

10,000

Valuation in 2017

43,049

Cost

136,951

190,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

85

75

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

51,081

34,694

Other creditors

694

989

51,775

35,683

7.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 June 2016

432,772

10,000

442,772

Profit for the year

188,873

188,873

Dividends

(4,800

)

(4,800

)

Revaluations in year

(43,049

)

43,049

-

Deferred tax on investment

property

13,910

(13,910

)

-

At 31 May 2017

587,706

39,139

626,845

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2017 and

31 May 2016:

2017

2016

£

£

Prof R C Harris

Balance outstanding at start of year

(14

)

336

Amounts repaid

-

(350

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(14

)

(14

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Prof R C Harris.