JA Productions Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06081368 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

JA PRODUCTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

J Adkins

REGISTERED OFFICE:

Priory House

2 Priory Road

Dudley

West Midlands

DY1 1HH

REGISTERED NUMBER:

06081368 (England and Wales)

ACCOUNTANTS:

Poole Waterfield Limited

Priory House

2 Priory Road

Dudley

West Midlands

DY1 1HH

BANKERS:

Barclays Bank Plc

Leicestershire

LE87 2BB

FIXED ASSETS

Tangible assets

4

3,684

2,273

CURRENT ASSETS

Debtors

5

46,837

23,166

Cash at bank

13,377

18,354

60,214

41,520

CREDITORS

Amounts falling due within one year

6

60,670

31,937

NET CURRENT (LIABILITIES)/ASSETS

(456

)

9,583

TOTAL ASSETS LESS CURRENT LIABILITIES

3,228

11,856

PROVISIONS FOR LIABILITIES

737

455

NET ASSETS

2,491

11,401

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

1,491

10,401

SHAREHOLDERS' FUNDS

2,491

11,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 May 2018 and were signed by:

J Adkins - Director

1.	STATUTORY INFORMATION

Ja Productions Limited 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 each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2017

8,992

23,390

32,382

Additions

-

3,131

3,131

At 28 February 2018

8,992

26,521

35,513

DEPRECIATION

At 1 March 2017

8,208

21,901

30,109

Charge for year

196

1,524

1,720

At 28 February 2018

8,404

23,425

31,829

NET BOOK VALUE

At 28 February 2018

588

3,096

3,684

At 28 February 2017

784

1,489

2,273

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Trade debtors

42,247

23,166

Other debtors

4,590

-

46,837

23,166

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.18

28.2.17

£

£

Taxation and social security

12,813

5,129

Other creditors

47,857

26,808

60,670

31,937

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.18

28.2.17

value:

£

£

750

Ordinary A

£1

750

750

250

Ordinary B

£1

250

250

1,000

1,000

8.	ULTIMATE CONTROLLING PARTY

The controlling party is J Adkins.