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JP CONSULTANTS (LONDON) LIMITED - Company Information

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JP Consultants (London) Limited

Registered Number:06783514

For the year ended 31 December 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 December 2017

JP Consultants (London) Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 December 2017

JP Consultants (London) Limited

Statement of Financial Position

Registered Number :

06783514

2016

2017

Notes

Fixed assets

Property, plant and equipment

38,217

25,779

38,217

25,779

Current assets

Trade and other receivables

28,758

50,263

2,874

Cash and cash equivalents

4,772

55,035

31,632

Trade and other payables: amounts falling due within one

year

(33,267)

(50,999)

(1,635)

4,036

Net current assets

Total assets less current liabilities

42,253

24,144

Trade and other payables: amounts falling due after more

than one year

(18,553)

(28,487)

13,766

Net assets

5,591

Capital and reserves

Called up share capital

100

Retained earnings

13,666

5,491

13,766

5,591

Shareholders' funds

For the year ended 31 December 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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 Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Jigar Surendra Mehta Director

These financial statements were approved and authorised for issue by the Board on 06 November 2018 and were signed by:

The notes form part of these financial statements

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For the year ended 31 December 2017

JP Consultants (London) Limited

Notes to the Financial Statements

Statutory Information

JP Consultants (London) Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 06783514.

Registered address:

786 Harrow Road

Wembley

Middlesex

HA0 3EL

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and buildings

6.67 Straight line

Plant and machinery

25 Reducing balance

Computer equipment

25 Reducing balance

Motor vehicles

25 Reducing balance

Fixtures and fittings

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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For the year ended 31 December 2017

JP Consultants (London) Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

equipment

Fixtures and

fittings

Plant and

machinery

Land and

buildings

Cost or

valuation

At 01 January 2017

40,080

8,359

3,555

1,429

26,737

16,883

4,382

12,501

Additions

At 31 December 2017

1,429

7,937

8,359

56,963

39,238

Provision for depreciation and impairment

At 01 January 2017

14,301

5,552

2,404

1,077

5,268

Charge for year

4,445

708

1,383

2,266

At 31 December 2017

18,746

6,260

3,787

1,165

7,534

At 31 December 2017

Net book value

31,704

264

4,150

2,099

38,217

At 31 December 2016

21,469

352

1,151

2,807

25,779

3. Trade and other receivables

2016

2017

Trade debtors

15,555

17,913

Other debtors

34,708

10,845

28,758

50,263

The debtors above include the following amounts falling due after more than one year:

Other debtors

30,903

3,375

4. Trade and other payables: amounts falling due within one year

2016

2017

Bank loans and overdraft

8,168

Trade creditors

7,977

10,215

Taxation and social security

24,754

12,361

Other creditors

10,100

10,691

50,999

33,267

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For the year ended 31 December 2017

JP Consultants (London) Limited

Notes to the Financial Statements Continued

5. Trade and other payables: amounts falling due after more than one year

2016

2017

Bank loans and overdraft

28,487

18,553

6. Transition to FRS 102

The entity prepares its first financial statements that comply with FRS 102 for the year ended 30th June 2016. The

date of transition to FRS 102 is 1st July 2015. The transition to FRS 102 has resulted in only a small number of

changes in accounting policies compared to those used previously.

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