Company Registration No. 07760606 (England and Wales)
JAMES ESQ. LIMITED
Unaudited accounts
for the year ended 30 September 2017
JAMES ESQ. LIMITED
Unaudited accounts
Contents
JAMES ESQ. LIMITED
Company Information
for the year ended 30 September 2017
Company Number
07760606 (England and Wales)
Registered Office
228 Kings Road
Kingston Upon Thames
England
KT2 5HX
Accountants
B4Bookkeeping Ltd
1 Lincoln House
Tangmere
Chichester
West Sussex
PO20 2FS
JAMES ESQ. LIMITED
Statement of financial position
as at
30 September 2017
Tangible assets
6,922
5,807
Cash at bank and in hand
11
10
Creditors: amounts falling due within one year
(35,783)
(11,135)
Net current liabilities
(3,006)
(4,680)
Total assets less current liabilities
3,916
1,127
Creditors: amounts falling due after more than one year
(2,782)
-
Called up share capital
1,000
1,000
Profit and loss account
134
127
Shareholders' funds
1,134
1,127
For the year ending 30 September 2017 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.
Approved by the Board on 15 June 2018.
Dominic James
Director
Company Registration No. 07760606
JAMES ESQ. LIMITED
Notes to the Accounts
for the year ended 30 September 2017
JAMES ESQ. LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07760606. The registered office is 228 Kings Road, Kingston Upon Thames, England, KT2 5HX.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
33% on cost
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
JAMES ESQ. LIMITED
Notes to the Accounts
for the year ended 30 September 2017
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2016
33,938
2,000
15,979
51,917
Additions
6,296
-
-
6,296
At 30 September 2017
40,234
2,000
15,979
58,213
At 1 October 2016
29,560
2,000
14,550
46,110
Charge for the year
4,259
-
922
5,181
At 30 September 2017
33,819
2,000
15,472
51,291
At 30 September 2017
6,415
-
507
6,922
At 30 September 2016
4,378
-
1,429
5,807
Trade debtors
32,766
3,908
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
29,176
20,120
Obligations under finance leases and hire purchase contracts
3,032
-
Trade creditors
1,174
110
Taxes and social security
14,747
9,911
Other creditors
212
9,078
Loans from directors
(13,892)
(28,084)
7
Creditors: amounts falling due after more than one year
2017
2016
Obligations under finance leases and hire purchase contracts
2,782
-
8
Share capital
2017
2016
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
JAMES ESQ. LIMITED
Notes to the Accounts
for the year ended 30 September 2017
9
Transactions with related parties
During the year total dividends of £27,000 were paid to the director.
D James, the director of the company, controlled the company throughout the year through holding its entire issued share capital.
10
Average number of employees
During the year the average number of employees was 1 (2016: 1).