NJG Advisers Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08825860 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

NJG ADVISERS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Gow

J Swinton

REGISTERED OFFICE:

1 Bramley Business Centre

Station Road

Bramley

Surrey

GU5 0AZ

REGISTERED NUMBER:

08825860 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,432

-

Investments

5

10

10

1,442

10

CURRENT ASSETS

Debtors

5,100

-

Cash at bank

104,564

65,213

109,664

65,213

CREDITORS

Amounts falling due within one year

9,561

3,128

NET CURRENT ASSETS

100,103

62,085

TOTAL ASSETS LESS CURRENT LIABILITIES

101,545

62,095

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

101,445

61,995

SHAREHOLDERS' FUNDS

101,545

62,095

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 9 September 2019 and were signed on its behalf by:

N Gow - Director

1.	STATUTORY INFORMATION

NJG Advisers Limited is a private company, limited by shares , registered in England and Wales. The 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of management and branding consultancy services, excluding value added tax,

performed during the year. Turnover is recognised as the right to consideration arises and adjustments are made

for accrued and deferred income.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly

attributable to making the asset capable of operating as intended by management.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and

liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial

instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that

it relates to items recognised in other comprehensive income or directly in equity.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the

current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which

have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax

rates and laws that have been enacted or substantively enacted by the balance sheet date.

Investments

Investments in shares are included at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

1,473

At 31 December 2018

1,473

DEPRECIATION

Charge for year

41

At 31 December 2018

41

NET BOOK VALUE

At 31 December 2018

1,432

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2018

and 31 December 2018

10

NET BOOK VALUE

At 31 December 2018

10

At 31 December 2017

10

6.	RELATED PARTY DISCLOSURES

During the year ended 31 December 2018, NJG Advisers Limited entered into the following transactions with a

related undertaking:

NJG Advisers Limited received dividends amounting to £139,208 (2017 - £131,000).

NJG Advisers Limited raised management charges amounting to £14,400 (2017 - £12,000).

No balances were held at the year-end with respect to monies owed to or due from related undertakings.