The Joint Limited - Accounts to registrar (filleted) - small 18.2
The Joint Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| THE JOINT LIMITED |
| Unaudited Financial Statements for the Year Ended 31 December 2017 |
| THE JOINT LIMITED (REGISTERED NUMBER: 02885990) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2017 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 3 |
| THE JOINT LIMITED |
| Company Information |
| for the Year Ended 31 December 2017 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| 145-157 St John Street |
| Clerkenwell |
| London |
| EC1V 4PY |
| THE JOINT LIMITED (REGISTERED NUMBER: 02885990) |
| Balance Sheet |
| 31 December 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Provisions for liabilities |
| Net assets |
| Capital and reserves |
| Called up share capital | 7 |
| Retained earnings |
| Shareholders' funds |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered. |
| The financial statements were approved by the director on |
| THE JOINT LIMITED (REGISTERED NUMBER: 02885990) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2017 |
| 1. | Statutory information |
| The Joint Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| 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 |
| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of |
| depreciation or any impairment losses. |
| Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their |
| useful lives on the following bases: |
| Leasehold improvements | - 5% on cost |
| Equipment | - 25% on cost |
| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds |
| and the carrying value of the asset, and is credited or charged to profit or loss. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| 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 |
| THE JOINT LIMITED (REGISTERED NUMBER: 02885990) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 4. | Tangible fixed assets |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| Cost |
| At 1 January 2017 |
| Additions |
| At 31 December 2017 |
| Depreciation |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| Net book value |
| At 31 December 2017 |
| At 31 December 2016 |
| 5. | Debtors: amounts falling due within one year |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | Creditors: amounts falling due within one year |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | £1 | 4 | 4 |