JRP Underwriting Limited - Accounts to registrar (filleted) - small 18.2

JRP Underwriting Limited - Accounts to registrar (filleted) - small 18.2

JRP UNDERWRITING LIMITED - Company Information

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REGISTERED NUMBER: 07084429 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

JRP UNDERWRITING LIMITED
JRP UNDERWRITING LIMITED (REGISTERED NUMBER: 07084429)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JRP UNDERWRITING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DIRECTORS: D J Phillips
D Rose





REGISTERED OFFICE: 828/832 Lloyd's Building
One Lime Street
City
London
EC3M 7DQ





REGISTERED NUMBER: 07084429 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Plaza Building
Lee High Road
Lewisham
London
SE13 5PT
Page 1
JRP UNDERWRITING LIMITED (REGISTERED NUMBER: 07084429)

BALANCE SHEET
31 DECEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,347 12,464

CURRENT ASSETS
Debtors 5 155,215 596,615
Cash at bank and in hand 3,412,901 4,490,473
3,568,116 5,087,088
CREDITORS
Amounts falling due within one year 6 2,403,912 3,919,471
NET CURRENT ASSETS 1,164,204 1,167,617
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,173,551
1,180,081

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,172,551 1,179,081
SHAREHOLDERS' FUNDS 1,173,551 1,180,081

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

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

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
JRP UNDERWRITING LIMITED (REGISTERED NUMBER: 07084429)

BALANCE SHEET - continued
31 DECEMBER 2017


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 Board of Directors on 28 September 2018 and were signed
on its behalf by:




D J Phillips - Director



D Rose - Director


The notes form part of these financial statements

Page 3
JRP UNDERWRITING LIMITED (REGISTERED NUMBER: 07084429)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017

1. STATUTORY INFORMATION

JRP Underwriting 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 represents commission income to which the company became entitled in the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - 10 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2017
and 31 December 2017 62,648
DEPRECIATION
At 1 January 2017 50,184
Charge for year 3,117
At 31 December 2017 53,301
NET BOOK VALUE
At 31 December 2017 9,347
At 31 December 2016 12,464

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 155,215 596,615

Page 4 continued...
JRP UNDERWRITING LIMITED (REGISTERED NUMBER: 07084429)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed to group undertakings 1,698,598 3,094,508
Taxation and social security - 809,530
Other creditors 705,314 15,433
2,403,912 3,919,471

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2017
and 31 December 2016:

2017 2016
£    £   
D J Phillips
Balance outstanding at start of year 441,400 390,000
Amounts advanced - 51,400
Amounts repaid (441,400 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 441,400

Page 5