J.E.M_ROAD_CONSTRUCTION_L - Accounts

In accordance with section 444 of the Companies Act 2006 all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (S.I. 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The fair value of the investment property has been arrived at on the basis of the cost of the property, which was at market value. The property was purchased on 28 April 2017 and the Directors are of the opinion that there has been no change in the fair value of the property between the purchase date and the reporting date of these financial statements.

During the year, J.E.M Road Construction Limited operated a loan account with the Directors of the company. As at 31 December 2017 the company owed Mr WG and Mrs JL Murray £141,859 (2016: £72,007). During the year, the Directors withdrew £22,354 and introduced £92,206.