Company Registration No. 07321436 (England and Wales)
JAMATS ACTIVITY CENTRE LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
JAMATS ACTIVITY CENTRE LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
JAMATS ACTIVITY CENTRE LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
2,608
2,246
Current assets
Debtors
574
574
Cash at bank and in hand
72,347
44,742
72,921
45,316
Creditors: amounts falling due within one year
(33,616)
(26,575)
Net current assets
39,305
18,741
Total assets less current liabilities
41,913
20,987
Provisions for liabilities
(522)
(449)
41,391
20,538
Capital and reserves
Called up share capital
3
3
3
Profit and loss account
41,388
20,535
Shareholders' funds
41,391
20,538
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 16 May 2016
Mr Donald Pope
Mrs Joan Pope
Director
Director
Company Registration No. 07321436
JAMATS ACTIVITY CENTRE LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
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).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
25% on cost
Fixtures, fittings & equipment
20% on cost
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015
7,008
Additions
2,368
At 31 March 2016
9,376
Depreciation
At 1 April 2015
4,761
Charge for the year
2,007
At 31 March 2016
6,768
Net book value
At 31 March 2016
2,608
At 31 March 2015
2,246
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
3 Ordinary shares of £1 each
3
3