JC Project Resource Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06738615 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

JC PROJECT RESOURCE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss J D Cockwell

REGISTERED OFFICE:

40 Foxcote Road

Ashton

Bristol

BS3 2BZ

REGISTERED NUMBER:

06738615 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

93

-

CURRENT ASSETS

Debtors

5

58,263

38,471

CREDITORS

Amounts falling due within one year

6

46,688

38,328

NET CURRENT ASSETS

11,575

143

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,668

143

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

8

11,667

142

SHAREHOLDERS' FUNDS

11,668

143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 31 May 2018 and were signed by:

Miss J D Cockwell - Director

1.	STATUTORY INFORMATION

JC Project Resource Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

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

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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 date.

Deferred tax

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

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in 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 difference.

Unrelieved 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 November 2016

1,833

Additions

140

At 31 October 2017

1,973

DEPRECIATION

At 1 November 2016

1,833

Charge for year

47

At 31 October 2017

1,880

NET BOOK VALUE

At 31 October 2017

93

At 31 October 2016

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

Other debtors

58,263

38,471

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

Bank loans and overdrafts

4,917

5,057

Trade creditors

(1

)

-

Taxation and social security

40,322

31,831

Other creditors

1,450

1,440

46,688

38,328

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.17

31.10.16

value:

£

1

Ordinary Shares

£1

1

8.

RESERVES

Retained

earnings

£

At 1 November 2016

142

Profit for the year

76,525

Dividends

(65,000

)

At 31 October 2017

11,667

9.	RELATED PARTY DISCLOSURES

During the year, the company paid dividends of £65,000 (£49,000 in 2016) to Miss J D

Cockwell, the director.

Included in Other Debtors at the year end is an amount owing to the company by Miss J D

Cockwell, the director, of £45,714 (£30,777 in 2016).

During the year the director, Mrs J D Cockwell, received a salary of £8,120 (£8,064 in 2016).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss J D Cockwell.

JC Project Resource Ltd - Accounts to registrar (filleted) - small 18.1

JC Project Resource Ltd - Accounts to registrar (filleted) - small 18.1