REGISTERED NUMBER:
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JORDAN DESIGN LIMITED |
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ABBREVIATED UNAUDITED ACCOUNTS |
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FOR THE YEAR ENDED 31 AUGUST 2016 |
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REGISTERED NUMBER:
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JORDAN DESIGN LIMITED |
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ABBREVIATED UNAUDITED ACCOUNTS |
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FOR THE YEAR ENDED 31 AUGUST 2016 |
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JORDAN DESIGN LIMITED (REGISTERED NUMBER: 02892885) |
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CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2016 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 | to | 3 |
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Notes to the Abbreviated Accounts | 4 | to | 5 |
JORDAN DESIGN LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2016 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
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BANKERS: |
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JORDAN DESIGN LIMITED (REGISTERED NUMBER: 02892885) |
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ABBREVIATED BALANCE SHEET |
31 AUGUST 2016 |
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2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
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CURRENT ASSETS |
Stocks |
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Debtors |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 3 |
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NET CURRENT (LIABILITIES)/ASSETS | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
3 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 4 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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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. |
JORDAN DESIGN LIMITED (REGISTERED NUMBER: 02892885) |
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ABBREVIATED BALANCE SHEET - continued |
31 AUGUST 2016 |
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The financial statements were approved by the Board of Directors on
behalf by: |
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JORDAN DESIGN LIMITED (REGISTERED NUMBER: 02892885) |
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NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2016 |
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1. | ACCOUNTING POLICIES |
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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 January 2015). |
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The directors' believe it is appropriate for the financial statements to be prepared on the going concern |
basis. The financial statements do not contain any adjustments that would be necessary upon the cessation |
of the facilities provided by company's bankers, HSBC. |
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Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service |
contracts where turnover is recognised when the company obtains the right to consideration. |
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Tangible fixed assets |
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Short leasehold improvements | - |
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Office equipment | - |
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Office furniture | - |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
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Long term contracts are stated at net cost less forseeable losses less any applicable payments on account. |
The amount recorded as turnover in respect of long term contracts is ascertained by reference to the value |
of the work carried out to date. Attributable profit is recognised as the difference between recorded turnover |
and related costs. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
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Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange |
ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating |
result. |
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Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over |
the period of the lease. |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's |
pension scheme are charged to the profit and loss account in the period to which they relate. |
JORDAN DESIGN LIMITED (REGISTERED NUMBER: 02892885) |
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NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2016 |
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2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2015 |
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Additions |
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Disposals | ( |
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At 31 August 2016 |
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DEPRECIATION |
At 1 September 2015 |
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Charge for year |
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Eliminated on disposal | ( |
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At 31 August 2016 |
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NET BOOK VALUE |
At 31 August 2016 |
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At 31 August 2015 |
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3. | CREDITORS |
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Creditors include an amount of £
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4. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
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Ordinary | £1 |
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5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to a director subsisted during the years ended 31 August 2016 and |
31 August 2015: |
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2016 | 2015 |
£ | £ |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Balance outstanding at end of year |
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The loans made to the director were on an interest free basis and were repayable on demand. |