John Best Re.generation Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06624229 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

John Best Re.generation Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

J V M Best

P A Best

REGISTERED OFFICE:

58a High Street

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1AQ

REGISTERED NUMBER:

06624229 (England and Wales)

ACCOUNTANTS:

Connolly Accountants & Business Advisors LTD

Chartered Certified Accountants

58a High Street

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1AQ

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 three to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of John Best Re.generation Limited for the year ended 30 June 2014 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of John Best Re.generation Limited, as a body, in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

John Best Re.generation Limited and state those matters that we have agreed to state to the Board of Directors of John

Best Re.generation Limited, as a body, in this report in accordance with the requirements of the Association of

Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted

by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a

body, for our work or for this report.

It is your duty to ensure that John Best Re.generation Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of John

Best Re.generation Limited. You consider that John Best Re.generation Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of John Best Re.generation

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Connolly Accountants & Business Advisors LTD

Chartered Certified Accountants

58a High Street

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1AQ

14 November 2014

FIXED ASSETS

Tangible assets

2

659

171

CURRENT ASSETS

Debtors

189

286

Cash at bank

8,184

15,788

8,373

16,074

CREDITORS

Amounts falling due within one year

12,807

10,486

NET CURRENT (LIABILITIES)/ASSETS

(4,434

)

5,588

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,775

)

5,759

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(3,875

)

5,659

SHAREHOLDERS' FUNDS

(3,775

)

5,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 November 2014 and were signed on its behalf by:

J V M Best - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

2,426

Additions

900

At 30 June 2014

3,326

DEPRECIATION

At 1 July 2013

2,255

Charge for year

412

At 30 June 2014

2,667

NET BOOK VALUE

At 30 June 2014

659

At 30 June 2013

171

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100