Registered Number 04998899
JERA ENTERPRISES LIMITED
Abbreviated Accounts
30 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Called up share capital not paid |
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Fixed assets | |||
Intangible assets |
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Tangible assets | 2 |
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Investments |
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Current assets | |||
Stocks |
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Debtors | 3 |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Share premium account |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Asset class Depreciation method and rate
Fixtures and fittings 25% straight line
Motor vehicles 25% reducing balance
Other accounting policies
Research and development expenditure is written off as incurred.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.
Going concern
The financial statements have been prepared on a going concern basis.
£ | |
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Cost | |
At 31 March 2014 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 March 2015 |
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Depreciation | |
At 31 March 2014 |
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Charge for the year |
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On disposals |
( |
At 30 March 2015 |
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Net book values | |
At 30 March 2015 | 52 |
At 30 March 2014 | 1,599 |
2015
£ |
2014
£ |
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Debtors include the following amounts due after more than one year |
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5 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 31 March 2014: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: | £ |
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Balance at 30 March 2015: | £ |
On 6 April 2015 a dividend of £25,000 was raised clearing the overdrawn directors loan account.