Company Registration No. 04299134 (England and Wales)
JAIMON LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2015
JAIMON LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
JAIMON LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2015
31 October 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
447,841
720,429
Investments
2
36
36
447,877
720,465
Current assets
Investments
199,964
199,964
Cash at bank and in hand
1,613
1,859
201,577
201,823
Creditors: amounts falling due within one year
(104,438)
(246,390)
Net current assets/(liabilities)
97,139
(44,567)
Total assets less current liabilities
545,016
675,898
Creditors: amounts falling due after more than one year
3
(330,212)
(527,301)
214,804
148,597
Capital and reserves
Called up share capital
4
100
100
Profit and loss account
214,704
148,497
Shareholders' funds
214,804
148,597
For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 18 July 2016
Mrs G Patel
Director
Company Registration No. 04299134
JAIMON LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents rents receivable for the year.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
Nil Depreciation
Computer equipment
33.33% Straight line
Fixtures, fittings & equipment
25% reducing balance
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
Current asset investments are stated at the lower of cost and net realisable value.
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 November 2014
730,361
36
730,397
Disposals
(272,487)
-
(272,487)
At 31 October 2015
457,874
36
457,910
Depreciation
At 1 November 2014
9,932
-
9,932
Charge for the year
101
-
101
At 31 October 2015
10,033
-
10,033
Net book value
At 31 October 2015
447,841
36
447,877
At 31 October 2014
720,429
36
720,465
JAIMON LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2015
- 3 -
3
Creditors: amounts falling due after more than one year
2015
2014
£
£
Analysis of loans repayable in more than five years
Total not repayable by instalments and due in more than five years
330,212
527,301
4
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100