TJSC_GROUP_LTD - Accounts
TJSC_GROUP_LTD - Accounts
Company Registration No. 04554518 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3 - 5
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY ACCOUNTS OF TJSC GROUP LTD
- 1 -
The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 5 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 TJSC Group Ltd for the year ended 31 December 2014 set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made solely to the Board of Directors of TJSC Group Ltd, as a body, in accordance with the terms of our engagement letter dated 16 February 2011. Our work has been undertaken solely to prepare for your approval the financial statements of TJSC Group Ltd and state those matters that we have agreed to state to the Board of Directors of TJSC Group Ltd, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants in England and Wales as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TJSC Group Ltd and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that TJSC Group Ltd 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 profit of TJSC Group Ltd. You consider that TJSC Group Ltd 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 TJSC Group Ltd. 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 accounts.
Heather & Co Ltd
Chartered Accountants
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
- 2 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Investments
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(340,703 )
(340,011 )
Net current liabilities
(175,576 )
(207,824 )
Total assets less current liabilities
(169,426 )
(203,205 )
Capital and reserves
Called up share capital
3
Profit and loss account
(169,428 )
(203,207 )
Shareholders' funds
(169,426 )
(203,205 )
Directors' responsibilities:
-
-
Approved by the Board for issue on 28 May 2015
Director
Company Registration No. 04554518
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
- 3 -
1
Accounting policies
1.1
Accounting convention
The directors have given assurances of continued financial support. Management accounts for the current period show the Company making a profit. The directors consider it appropriate to prepare the financial statements on the going concern basis.
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
1.4
Tangible fixed assets and depreciation
Plant and machinery
Computer equipment
Fixtures, fittings & equipment
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2014
- 4 -
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 January 2014
3
29,354
Additions
-
3,948
At 31 December 2014
3
33,302
Depreciation
At 1 January 2014
-
24,735
Charge for the year
-
2,417
At 31 December 2014
-
27,152
Net book value
At 31 December 2014
6,150
At 31 December 2013
4,619
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Ordinary
Ordinary
Ordinary
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2014
2014
Principal activity
£
£
13,226
(1,036)
47,330
(18,899)
(54,313)
18,711
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2014
- 5 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
4
Related party relationships and transactions
Loans to directors
Transactions in relation to loans with directors during the year are outlined in the table below:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
-
-
-
-
-
These amounts are shown in other creditors due within one year.