Jonathan Creative Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09486886 (England and Wales)

JONATHAN CREATIVE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J R Bean

SECRETARY:

REGISTERED OFFICE:

7 Curzon Terrace

Litton Mill

Buxton

SK17 8SR

REGISTERED NUMBER:

09486886 (England and Wales)

ACCOUNTANTS:

Llewelyn Davies

Chartered Accountants

Yelverton House

St John Street

Whitland

Carmarthenshire

SA34 0AW

FIXED ASSETS

Tangible assets

4

-

529

CURRENT ASSETS

Stocks

3,644

1,750

Debtors

5

25

6,270

Cash at bank

14,246

8,826

17,915

16,846

CREDITORS

Amounts falling due within one year

6

12,022

11,425

NET CURRENT ASSETS

5,893

5,421

TOTAL ASSETS LESS CURRENT LIABILITIES

5,893

5,950

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

5,892

5,949

SHAREHOLDERS' FUNDS

5,893

5,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 16 February 2021 and were signed by:

Mr J R Bean - Director

1.	STATUTORY INFORMATION

Jonathan Creative Ltd 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.

The company continues to benefit from the support of the director and expects to have access to sufficient funds in the foreseeable future, on this basis the going concern basis is appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

and 31 March 2020

3,096

DEPRECIATION

At 1 April 2019

2,567

Charge for year

529

At 31 March 2020

3,096

NET BOOK VALUE

At 31 March 2020

-

At 31 March 2019

529

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

25

6,270

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

950

1,285

Taxation and social security

10,467

9,512

Other creditors

605

628

12,022

11,425