Company Registration No. 06501062 (England and Wales)
JMC 1 Developments Ltd
Abbreviated unaudited accounts
for the year ended 31 March 2016
JMC 1 Developments Ltd
Abbreviated Balance Sheet
as at
31 March 2016
Intangible assets
18,000
18,000
Tangible assets
3,889
5,078
Cash at bank and in hand
68
66
Creditors: amounts falling due within one year
(57,763)
(29,244)
Net current liabilities
(21,669)
(21,733)
Called up share capital
100
100
Profit and loss account
120
1,245
Total shareholders' funds
220
1,345
For the year ending 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 22 April 2016
John McAdam
Director
Company Registration No. 06501062
JMC 1 Developments Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) have not been amortised in accordance with previous years.
2
Intangible fixed assets
Goodwill
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
At 1 April 2015
942
5,702
6,644
At 31 March 2016
942
5,702
6,644
At 1 April 2015
141
1,425
1,566
Charge for the year
120
1,069
1,189
At 31 March 2016
261
2,494
2,755
At 31 March 2016
681
3,208
3,889
At 31 March 2015
801
4,277
5,078
JMC 1 Developments Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
4
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100