JRS Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06219512 (England and Wales)

JRS Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr J R Sired

REGISTERED OFFICE:

Lakeside Offices

The Old Cattle Market

Coronation Park

Helston

Cornwall

TR13 0SR

REGISTERED NUMBER:

06219512 (England and Wales)

ACCOUNTANTS:

Atkins Ferrie

Chartered Accountants

Lakeside Offices

The Old Cattle Market

Coronation Park

Helston

Cornwall

TR13 0SR

FIXED ASSETS

Tangible assets

2

2,291

3,129

CURRENT ASSETS

Cash at bank

28,298

18,044

CREDITORS

Amounts falling due within one year

12,249

12,207

NET CURRENT ASSETS

16,049

5,837

TOTAL ASSETS LESS CURRENT LIABILITIES

18,340

8,966

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

18,240

8,866

SHAREHOLDERS' FUNDS

18,340

8,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 22 August 2014 and were signed by:

Mr J R Sired - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

12,747

DEPRECIATION

At 1 May 2013

9,618

Charge for year

838

At 30 April 2014

10,456

NET BOOK VALUE

At 30 April 2014

2,291

At 30 April 2013

3,129

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

At the end of the year a directors current account balance of £1,552 was owed to MR J R Sired, (2013 £925).

5.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr J Sired, the sole shareholder and director of the company.