REGISTERED NUMBER:
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ABBREVIATED UNAUDITED ACCOUNTS |
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FOR THE YEAR ENDED 31 JANUARY 2016 |
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FOR |
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JEFFREY MILNER LTD |
REGISTERED NUMBER:
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ABBREVIATED UNAUDITED ACCOUNTS |
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FOR THE YEAR ENDED 31 JANUARY 2016 |
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FOR |
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JEFFREY MILNER LTD |
JEFFREY MILNER LTD (REGISTERED NUMBER: 01408847) |
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CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 January 2016 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 3 |
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Report of the Accountants | 5 |
JEFFREY MILNER LTD |
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COMPANY INFORMATION |
for the Year Ended 31 January 2016 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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JEFFREY MILNER LTD (REGISTERED NUMBER: 01408847) |
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ABBREVIATED BALANCE SHEET |
31 January 2016 |
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2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
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CURRENT ASSETS |
Debtors |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS/(LIABILITIES) |
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( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 3 |
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Revaluation reserve |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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The financial statements were approved by the Board of Directors on
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JEFFREY MILNER LTD (REGISTERED NUMBER: 01408847) |
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NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 January 2016 |
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1. | ACCOUNTING POLICIES |
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Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January |
2015). |
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Turnover |
Turnover represents rents receivable and net invoiced training services. |
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Tangible fixed assets |
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Fixtures and fittings | - |
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Computer equipment | - |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Investment properties |
In accordance with Statement of Standard Accounting Practice no. 19, certain of the company's properties are |
held for long-term investment and are included in the balance sheet at their open market values. The surplus on |
annual revaluations of such properties are transferred to the investment property revaluation reserve. |
Depreciation is not provided in respect of freehold investment properties. Leasehold investment properties are |
not amortised where the unexpired term is over 20 years. |
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This policy represents a departure from statutory accounting principles, which require depreciation to be |
provided on all fixed assets. The directors consider that this policy is necessary in order that the financial |
statements may give a true and fair view because current values and changes in current values are of prime |
importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many |
factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be |
separately identified or quantified. |
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2. | TANGIBLE FIXED ASSETS |
Total |
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COST OR VALUATION |
At 1 February 2015 |
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Additions |
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Disposals | ( |
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Revaluations |
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At 31 January 2016 |
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DEPRECIATION |
At 1 February 2015 |
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Charge for year |
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At 31 January 2016 |
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NET BOOK VALUE |
At 31 January 2016 |
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At 31 January 2015 |
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JEFFREY MILNER LTD (REGISTERED NUMBER: 01408847) |
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NOTES TO THE ABBREVIATED ACCOUNTS - continued |
for the Year Ended 31 January 2016 |
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3. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
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Ordinary | £1 |
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4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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Included in other creditors is £1,274 (2015: £11,330) owed to the directors, P J M Suter and Mrs G M Suter. |
The loan is interest free and has no fixed repayment terms. |
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5. | ULTIMATE CONTROLLING PARTY |
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The company is under the control of the directors, P J M Suter & Mrs G M Suter by the exercise of management |
and a majority shareholding. |
JEFFREY MILNER LTD |
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REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
JEFFREY MILNER LTD |
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The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
have been prepared. |
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As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2016 set out on pages two to nine and you consider that the company is exempt from an audit. |
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In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
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31 August 2016 |