Jaymar Ltd,Ltd - AccountsLtd - Accounts

Jaymar Ltd,Ltd - AccountsLtd - Accounts

JAYMAR LTD - Company Information

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2017-02-01 09537164 2018-01-31 09537164 2017-02-01 2018-01-31 09537164 2017-01-31 09537164 2016-02-01 2017-01-31 09537164 uk-core:WithinOneYear 2017-01-31 09537164 uk-core:WithinOneYear 2018-01-31 09537164 uk-core:AfterOneYear 2017-01-31 09537164 uk-core:AfterOneYear 2018-01-31 09537164 uk-core:ShareCapital 2018-01-31 09537164 uk-core:ShareCapital 2017-01-31 09537164 uk-core:RetainedEarningsAccumulatedLosses 2018-01-31 09537164 uk-core:RetainedEarningsAccumulatedLosses 2017-01-31 09537164 uk-bus:Director1 2017-02-01 2018-01-31 09537164 uk-core:NetGoodwill 2017-02-01 2018-01-31 09537164 uk-core:Goodwill 2017-01-31 09537164 uk-core:Goodwill 2018-01-31 09537164 uk-core:Goodwill 2017-02-01 2018-01-31 09537164 uk-core:FurnitureFittingsToolsEquipment 2017-01-31 09537164 uk-core:Buildings 2017-01-31 09537164 uk-core:FurnitureFittingsToolsEquipment 2017-02-01 2018-01-31 09537164 uk-core:Buildings 2017-02-01 2018-01-31 09537164 uk-core:Buildings 2018-01-31 09537164 uk-core:FurnitureFittingsToolsEquipment 2018-01-31 09537164 uk-core:WithinOneYear uk-core:Secured 2018-01-31 09537164 uk-core:WithinOneYear uk-core:Secured 2017-01-31 iso4217:GBP 09537164 uk-bus:AuditExempt-NoAccountantsReport 2017-02-01 2018-01-31 09537164 uk-bus:FRS102 2017-02-01 2018-01-31 09537164 uk-bus:FullAccounts 2017-02-01 2018-01-31 09537164 uk-bus:PrivateLimitedCompanyLtd 2017-02-01 2018-01-31
Jaymar Ltd
Registered Number:09537164
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2018
Jaymar Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
As at 31 January 2018
Jaymar Ltd
Statement of Financial Position
Registered Number :
09537164
£
£
2017
2018
Notes
Fixed assets
Intangible assets
304,000
342,000
2
Property, plant and equipment
380,899
27,590
3
684,899
369,590
Current assets
Inventories
9,893
9,897
4
Trade and other receivables
2,042
5,390
5
15,166
Cash and cash equivalents
15,782
31,069
27,101
Trade and other payables: amounts falling due within one
year
(62,175)
(124,286)
6
(35,074)
(93,217)
Net current liabilities
Total assets less current liabilities
591,682
334,516
Trade and other payables: amounts falling due after more
than one year
(322,010)
(566,006)
7
25,676
Net assets
12,506
Capital and reserves
Called up share capital
10
10
Retained earnings
25,666
12,496
25,676
12,506
Shareholders' funds
For the year ended 31 January 2018 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 year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their 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.
J McGill Director
These financial statements were approved and authorised for issue by the Board on 23 February 2018 and were signed by:
1 of 5
4
For the year ended 31 January 2018
Jaymar Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 31 January 2018
Jaymar Ltd
Notes to the Financial Statements
Statutory Information
Jaymar Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
09537164.
Registered address:
5 Christchurch Road
Clifton
Bristol
BS8 4EF
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.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Property, plant and equipment, 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: Plant & Machinery 25 % reducing balance.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2017
380,000
At 31 January 2018
380,000
Amortisation
At 01 February 2017
38,000
38,000
Charge for year
At 31 January 2018
76,000
Net book value
At 31 January 2018
304,000
At 31 January 2017
342,000
3 of 5
6
For the year ended 31 January 2018
Jaymar Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Plant and
Machinery
Land and
Buildings
£
£
£
Cost or
valuation
At 01 February 2017
36,787
36,787
-
360,206
-
360,206
Additions
At 31 January 2018
360,206
36,787
396,993
Provision for depreciation and impairment
At 01 February 2017
9,197
9,197
-
Charge for year
6,897
6,897
-
At 31 January 2018
16,094
16,094
-
At 31 January 2018
Net book value
360,206
20,693
380,899
At 31 January 2017
-
27,590
27,590
4. Inventories
2017
2018
£
£
Stocks
9,897
9,893
5. Trade and other receivables
2017
2018
£
£
Other debtors
5,390
2,042
6. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Bank loans and overdraft (secured)
45,677
28,995
Trade creditors
21,923
19,869
Taxation and social security
19,746
6,680
Other creditors
36,940
6,631
124,286
62,175
4 of 5
7
For the year ended 31 January 2018
Jaymar Ltd
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Bank loans and overdraft (secured)
566,006
322,010
5 of 5