Company Registration No. 9624171 (England and Wales)
JSL Consultancy Ltd
Unaudited accounts
for the year ended 30 June 2017
JSL Consultancy Ltd
Unaudited accounts
Contents
JSL Consultancy Ltd
Statement of financial position
as at 30 June 2017
Cash at bank and in hand
36,918
23,191
Creditors: amounts falling due within one year
(22,066)
(23,302)
Net current assets
22,558
16,396
Called up share capital
1
1
Profit and loss account
23,327
17,422
Shareholders' funds
23,328
17,423
For the year ending 30 June 2017 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 5 March 2018.
J S Lubbock
Director
Company Registration No. 9624171
JSL Consultancy Ltd
Notes to the Accounts
for the year ended 30 June 2017
JSL Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 9624171. The registered office is Grey House, High Street, Beckley, Oxford, Oxon, OX3 9UU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 3 August 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents amounts invoiced during the year net of flat rate scheme VAT for work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2016
888
445
1,333
At 30 June 2017
888
445
1,333
At 1 July 2016
204
102
306
Charge for the year
171
86
257
At 30 June 2017
375
188
563
At 30 June 2017
513
257
770
At 30 June 2016
684
343
1,027
JSL Consultancy Ltd
Notes to the Accounts
for the year ended 30 June 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
20,866
22,302
Other creditors
1,200
1,000
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
During the year, the company made various loan advances to the director. No interest was charged on the average loan balances outstanding which were repayable on demand. Included in other debtors is £7,706 owing to the company. This was repaid in full after the year end on 3 March 2018. The maximum amount outstanding at any time during the year was £7,706.
The company was under the control of the director throughout the current period.
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Average number of employees
During the year the average number of employees was 1 (2016: 1).
