Registered Number 02722499
JDL DESIGN LIMITED
Abbreviated Accounts
31 January 2016
Notes | 2016 | 2015 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|
||
Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
( |
( |
|
Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The company is reliant on the ongoing support of its shareholders. The shareholders have confirmed that they will not seek repayment of amounts due, until such time as the company has sufficient funds available to enable repayment without impacting on its ability to continue to trade. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of funding.
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).
Tangible assets depreciation policy
Freehold land Nil
Plant and machinery 20% straight line
Fixtures, fittings and equipment 10% straight line
Other accounting policies
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
£ | |
---|---|
Cost | |
At 1 February 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 January 2016 |
|
Amortisation | |
At 1 February 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 January 2016 |
|
Net book values | |
At 31 January 2016 | 0 |
At 31 January 2015 | 0 |
£ | |
---|---|
Cost | |
At 1 February 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 January 2016 |
|
Depreciation | |
At 1 February 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 January 2016 |
|
Net book values | |
At 31 January 2016 | 22,500 |
At 31 January 2015 | 22,537 |