Jenton Limited - Period Ending 2018-03-31

Registration number: 03736383

Jenton Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2018

Jenton Limited

Profit and Loss Account for the Year Ended 31 March 2018

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The notes on pages 3 to 5 form an integral part of these financial statements.

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Jenton Limited

(Registration number: 03736383)
Balance Sheet as at 31 March 2018

	Note	2018 £	2017 £
Fixed assets
Investments	3	190,000	190,000
Current assets
Debtors	4	2	2
Total assets less current liabilities		190,002	190,002
Creditors: Amounts falling due after more than one year		(190,000)	(190,000)
Net assets		2	2
Capital and reserves
Called up share capital	5	2	2
Total equity		2	2

For the financial year ending 31 March 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 6 June 2018
 

.........................................

Mr D J L Jones
Company secretary

The notes on pages 3 to 5 form an integral part of these financial statements.

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Jenton Limited

Notes to the Financial Statements for the Year Ended 31 March 2018

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
PJE, Chartered Accountants
23 College Street
Lampeter
Ceredigion
SA48 7DY
Wales

The principal place of business is:
c/o Mr D J L Jones
The Grove, Grandstand
Llysonnen Road
Carmarthen
Carmarthenshire
SA33 5DU
Wales

These financial statements were authorised for issue by the director on 6 June 2018.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

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Jenton Limited

Notes to the Financial Statements for the Year Ended 31 March 2018 (continued)

2	Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Investments in subsidiaries, joint ventures and associates

	2018 £	2017 £
Investments in associates	190,000	190,000

Associates	£
Cost
At 1 April 2017	190,000
Provision
Carrying amount
At 31 March 2018	190,000
At 31 March 2017	190,000

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Jenton Limited

Notes to the Financial Statements for the Year Ended 31 March 2018 (continued)

4

Debtors

	2018 £	2017 £
Other debtors	2	2
	2	2

5	Share capital

Allotted, called up and fully paid shares

	2018		2017
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

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