Jon Savage Special Effects Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04831528

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

JON SAVAGE SPECIAL EFFECTS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Savage

SECRETARY:

A S Palmer

REGISTERED OFFICE:

2 Lake End Court

Taplow Road

Taplow

Maidenhead

Berkshire

SL6 0JQ

REGISTERED NUMBER:

04831528

ACCOUNTANTS:

Stiles & Company

2 Lake End Court

Taplow

Maidenhead

Berkshire

SL6 0JQ

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Jon Savage Special Effects Limited for the year ended 31 July 2014 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Jon Savage Special Effects Limited in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jon Savage

Special Effects Limited and state those matters that we have agreed to state to the director of Jon Savage Special Effects

Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted

by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for

this report.

It is your duty to ensure that Jon Savage Special Effects Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jon

Savage Special Effects Limited. You consider that Jon Savage Special Effects Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jon Savage Special Effects

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stiles & Company

2 Lake End Court

Taplow

Maidenhead

Berkshire

SL6 0JQ

Date: .............................................

FIXED ASSETS

Intangible assets

2

653

653

Tangible assets

3

746

-

1,399

653

CURRENT ASSETS

Debtors

13,544

2,454

Cash at bank

14,252

17,549

27,796

20,003

CREDITORS

Amounts falling due within one year

20,988

16,927

NET CURRENT ASSETS

6,808

3,076

TOTAL ASSETS LESS CURRENT LIABILITIES

8,207

3,729

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

8,206

3,728

SHAREHOLDERS' FUNDS

8,207

3,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 19 December 2014 and were signed by:

J Savage - 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 goods, 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 cost

Fixtures and fittings

-

25% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

and 31 July 2014

653

NET BOOK VALUE

At 31 July 2014

653

At 31 July 2013

653

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

8,048

Additions

920

At 31 July 2014

8,968

DEPRECIATION

At 1 August 2013

8,048

Charge for year

174

At 31 July 2014

8,222

NET BOOK VALUE

At 31 July 2014

746

At 31 July 2013

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

1

Ordinary

£1

1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2014 and

31 July 2013:

31.7.14

31.7.13

£

£

J Savage

Balance outstanding at start of year

-

-

Amounts advanced

9,741

-

Amounts repaid

-

-

Balance outstanding at end of year

9,741

-