CHRIS JONES TRAINING AND CONSULTANCY LIMITED

CHRIS JONES TRAINING AND CONSULTANCY LIMITED

CHRIS JONES TRAINING AND CONSULTANCY LIMITED - Company Information

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CHRIS JONES TRAINING AND CONSULTANCY LIMITED

Company Registration Number:
09056585 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 September 2016

End date: 31 December 2016

CHRIS JONES TRAINING AND CONSULTANCY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2016

Balance sheet
Notes

CHRIS JONES TRAINING AND CONSULTANCY LIMITED

Balance sheet

As at 31 December 2016


Notes
31 December 2016
31 August 2016


£
£
Fixed assets
Intangible assets: 2 1,500 2,000
Tangible assets: 3 770 840
Total fixed assets: 2,270 2,840
Current assets
Cash at bank and in hand: 1,785 3,520
Total current assets: 1,785 3,520
Creditors: amounts falling due within one year:   (3,928) (6,245)
Net current assets (liabilities): (2,143) (2,725)
Total assets less current liabilities: 127 115
Total net assets (liabilities): 127 115
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 27 15
Shareholders funds: 127 115

The notes form part of these financial statements

CHRIS JONES TRAINING AND CONSULTANCY LIMITED

Balance sheet statements

For the year ending 31 December 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 May 2017
and signed on behalf of the board by:

Name: C Jones
Status: Director

The notes form part of these financial statements

CHRIS JONES TRAINING AND CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable excluding discounts, rebates, value added tax and other sales taxes

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lifeEquipment 20% straight line

Intangible fixed assets and amortisation policy

Franchise fees are amortised over three years

Other accounting policies

Taxation Taxation for the year comprises current and deferred. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equityCurrent or deferred taxation assets and liabilities or not discountedCurrent tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet dateDeferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet dateTiming differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing differencesUnrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits Pension costs and other post retirement benefitsThe company operates a defined contribution pension scheme . Contributions payable to the company’s pension scheme are charged to the profit and loss in the period to which they relate

CHRIS JONES TRAINING AND CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Intangible Assets

Total
Cost £
At 01 September 2016 6,500
At 31 December 2016 6,500
Amortisation
At 01 September 2016 4,500
Charge for year 500
At 31 December 2016 5,000
Net book value
At 31 December 2016 1,500
At 31 August 2016 2,000

CHRIS JONES TRAINING AND CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Tangible Assets

Total
Cost £
At 01 September 2016 1,400
At 31 December 2016 1,400
Depreciation
At 01 September 2016 560
Charge for year 70
At 31 December 2016 630
Net book value
At 31 December 2016 770
At 31 August 2016 840