Company Registration No. 04299134 (England and Wales)
JAIMON LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2016
JAIMON LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
JAIMON LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2016
31 October 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
447,765
447,841
Investments
2
36
36
447,801
447,877
Current assets
Investments
199,964
199,964
Cash at bank and in hand
1,567
1,613
201,531
201,577
Creditors: amounts falling due within one year
(104,065)
(104,438)
Net current assets
97,466
97,139
Total assets less current liabilities
545,267
545,016
Creditors: amounts falling due after more than one year
3
(330,212)
(330,212)
215,055
214,804
Capital and reserves
Called up share capital
4
100
100
Profit and loss account
214,955
214,704
Shareholders' funds
215,055
214,804
For the financial year ended 31 October 2016 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 23 June 2017
Mrs G Patel
Director
Company Registration No. 04299134
JAIMON LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016
- 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 January 2015).
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 2015 & at 31 October 2016
456,254
36
456,290
Depreciation
At 1 November 2015
8,413
-
8,413
Charge for the year
76
-
76
At 31 October 2016
8,489
-
8,489
Net book value
At 31 October 2016
447,765
36
447,801
At 31 October 2015
447,841
36
447,877
JAIMON LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2016
- 3 -
3
Creditors: amounts falling due after more than one year
2016
2015
£
£
Analysis of loans repayable in more than five years
Total not repayable by instalments and due in more than five years
330,212
330,212
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100