REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 December 2015 |
|
for |
|
JPA Worldwide Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 December 2015 |
|
for |
|
JPA Worldwide Limited |
JPA Worldwide Limited (Registered number: 07286175) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 December 2015 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
JPA Worldwide Limited |
|
Company Information |
for the Year Ended 31 December 2015 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
Southgate House |
59 Magdalen Street |
Exeter |
Devon |
EX2 4HY |
JPA Worldwide Limited (Registered number: 07286175) |
|
Balance Sheet |
31 December 2015 |
|
31.12.15 | 31.12.14 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors: amounts falling due within one year | 4 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
) |
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
|
The financial statements were approved by the Board of Directors on
by: |
|
|
|
|
|
|
|
JPA Worldwide Limited (Registered number: 07286175) |
|
Notes to the Financial Statements |
for the Year Ended 31 December 2015 |
|
1. | STATUTORY INFORMATION |
|
JPA Worldwide Limited is a
|
company's registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
The directors have reviewed the company's forecasts and finance facilities and believe that despite the negative |
balance sheet, with their ongoing support, the company will manage its business risks successfully and will |
continue in operational existence for the foreseeable future. For this reason the accounts have been prepared |
on the going concern basis. |
|
Turnover |
Turnover is measured at fair value of the consideration received or receivable and comprises the gross amounts |
billed to clients in respect of fees earned, expenses recharges and commission based income. Turnover is |
recognised when the economic benefit arising from an arrangement is contracted and is accounted for over the |
term of the contract. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.15 | 31.12.14 |
£ | £ |
Trade debtors |
|
|
Amounts owed by group undertakings |
|
|
Other debtors |
|
|
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.15 | 31.12.14 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Amounts owed to group undertakings |
|
|
Social security and other taxes |
|
|
VAT | 16,159 | 11,469 |
Other creditors |
|
|
Directors' loan accounts | 26,158 | 28,658 |
Accruals and deferred income |
|
|
|
|
JPA Worldwide Limited (Registered number: 07286175) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2015 |
|
6. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
31.12.15 | 31.12.14 |
£ | £ |
Bank overdrafts |
|
|
|
The bank overdraft is secured by a fixed and floating charge over all assets of the company. |
|
7. | RELATED PARTY DISCLOSURES |
|
J J W Paige |
Director of the company |
|
Included in creditors is a loan from the director J Paige of £26,158 (2014 - £28,658). The loan is interest free |
and repayable on demand. |
|
Edge 10 (UK) Limited |
A company also wholly owned by Kingfisher Investment Group Limited |
|
Included in debtors is a loan to Edge 10 (UK) Limited of £4,891 (2014 - £5,392). The loan is interest free and |
repayable on demand. |
|
Kingfisher Investment Group Limited |
The parent company |
|
Included in creditors is a loan from Kingfisher Investment Group Limited of £236 (2014 - debtor balance of |
£5,248). The loan is interest free and repayable on demand. |
|
Stone-XXI Finance & Leasing Limited |
A company also wholly owned by Kingfisher Investment Group Limited |
|
Included in debtors is a loan from Stone-XXI Finance & Leasing Limited of £4,503 (2014 - £3,500). The loan is |
interest free and repayable on demand. |
|
8. | ULTIMATE CONTROLLING PARTY |
|
There is no ultimate controlling party. |