JAM (IOM) LIMITED - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08188356 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2016

for

JAM (IOM) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D O Manning

B A Browne

Miss E Keig

REGISTERED OFFICE:

26 Moss Nook

Burscough

West Lancashire

L40 0RQ

REGISTERED NUMBER:

08188356 (England and Wales)

ACCOUNTANTS:

Paystream Accounting Services Limited

Mansion House

Manchester Road

Altrincham

Cheshire

WA14 4RW

CURRENT ASSETS

Debtors

2

65,360

50,835

Cash at bank

13,077

4,260

78,437

55,095

CREDITORS

Amounts falling due within one year

3

78,434

55,094

NET CURRENT ASSETS

3

1

TOTAL ASSETS LESS CURRENT LIABILITIES

3

1

CAPITAL AND RESERVES

Called up share capital

4

3

1

SHAREHOLDERS' FUNDS

3

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements were approved by the Board of Directors on 21 February 2018 and were signed on its behalf by:

D O Manning - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

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

at the balance sheet date.

2.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.16

31.8.15

£

£

Other debtors

65,360

50,835

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.16

31.8.15

£

£

Taxation and social security

73,503

55,094

Other creditors

4,931

-

78,434

55,094

4.	CALLED UP SHARE CAPITAL

**ERROR - CONFLICTS FOUND BETWEEN POSTINGS AND SHARE REGISTER - PLEASE REVIEW

EXCEPTION REPORT (EXR).

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

1

Ordinary

£1

1

1

2

B ordinary

£1

2

-

(31.8.15 - 1 )

3

1

5.

RESERVES

Profit

and loss

account

£

Profit for the year

31,054

Dividends

(31,054

)

At 31 August 2016

-

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2016

and 31 August 2015:

31.8.16

31.8.15

£

£

D O Manning

Balance outstanding at start of year

40,668

22,826

Amounts advanced

7,295

17,842

Amounts repaid

-

-

Balance outstanding at end of year

47,963

40,668