Company Registration No. 07989360 (England and Wales)
Jigsaw Web Design Ltd
Unaudited accounts
for the year ended 31 March 2020
Jigsaw Web Design Ltd
Unaudited accounts
Contents
Jigsaw Web Design Ltd
Statement of financial position
as at
31 March 2020
Cash at bank and in hand
134
1,571
Creditors: amounts falling due within one year
(5,171)
(11,590)
Net current liabilities
(138)
(36)
Called up share capital
100
100
Profit and loss account
222
451
Shareholders' funds
322
551
For the year ending 31 March 2020 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 November 2020 and were signed on its behalf by
Johanna Margaret Peevor
Director
Company Registration No. 07989360
Jigsaw Web Design Ltd
Notes to the Accounts
for the year ended 31 March 2020
Jigsaw Web Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 07989360. The registered office is 8 Longhope Close, Winyates Green, Redditch, Birmingham, B98 0QX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
33.33% on straight line basis
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Jigsaw Web Design Ltd
Notes to the Accounts
for the year ended 31 March 2020
Trade debtors
1,803
2,156
Other debtors
3,096
7,827
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
522
513
Amounts owed to group undertakings and other participating interests
407
8,663
Taxes and social security
3,729
1,901
7
Share capital
2020
2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
At the end of the year the company owed £1,257 (2019 : £575) payable to Total Fabulous Academy Ltd, £365 (2018 : NIL) payable to Lower House Events Ltd and £3,708 receivable from Online & Totally Fabulous Academy Ltd where the director Mrs Peevor has participating interest.
The company is controlled by the shareholders by virtue of their shareholding.
10
Post balance sheet events
The global pandemic of the coronavirus (COV1D 19), has seen countries all around the World having to lock-down cities and surrounding communities in order to contain the disease and protect their healthcare systems. Consequently these necessary actions have seen an economic slowdown across all global markets.
The directors recognise that the global pandemic is not over and that the prevailing situation will continue to effect businesses that are considered non-essential for the purpose of fighting the disease and supporting populations that are in lock down. The extent of the economic impact that this will have on the Company is not underestimated, however the directors are taking the necessary steps to receive updates regarding their website designing & hosting activities that they remain inline with the expectation during this unprecedented time.
11
Average number of employees
During the year the average number of employees was 1 (2019: 1).