Company Registration No. 06925939 (England and Wales)
J I LOGISTICS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
J I LOGISTICS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
J I LOGISTICS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
162
755
Current assets
Debtors
629
-
Cash at bank and in hand
33,768
35,928
34,397
35,928
Creditors: amounts falling due within one year
(30,836)
(31,610)
Net current assets
3,561
4,318
Total assets less current liabilities
3,723
5,073
Provisions for liabilities
(32)
(151)
3,691
4,922
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
3,689
4,920
Shareholders' funds
3,691
4,922
For the financial year ended 30 June 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 6 December 2016
Mr J Incledon
Director
Company Registration No. 06925939
J I LOGISTICS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 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
Turnover
Turnover represents amounts receivable for goods and services net of trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets 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:
Computer equipment
25% straight line
1.4
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 July 2015
3,950
Disposals
(910)
At 30 June 2016
3,040
Depreciation
At 1 July 2015
3,195
On disposals
(910)
Charge for the year
593
At 30 June 2016
2,878
Net book value
At 30 June 2016
162
At 30 June 2015
755
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 Ordinary Shares of £1 each
2
2