NJD Capital Limited - Accounts to registrar (filleted) - small 18.2
NJD Capital Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020 |
FOR |
NJD CAPITAL LIMITED |
NJD CAPITAL LIMITED (REGISTERED NUMBER: 06578142) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
NJD CAPITAL LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2020 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
6 Kerry Street |
Horsforth |
Leeds |
West Yorkshire |
LS18 4AW |
NJD CAPITAL LIMITED (REGISTERED NUMBER: 06578142) |
BALANCE SHEET |
30 JUNE 2020 |
30.6.20 | 30.6.19 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Share premium | 6 |
Retained earnings | 6 |
SHAREHOLDERS' FUNDS |
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. |
NJD CAPITAL LIMITED (REGISTERED NUMBER: 06578142) |
BALANCE SHEET - continued |
30 JUNE 2020 |
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 |
NJD CAPITAL LIMITED (REGISTERED NUMBER: 06578142) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2020 |
1. | STATUTORY INFORMATION |
NJD Capital Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 taxation assets and liabilities are not discounted. |
Current tax is 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. |
Cost of sales |
Cost of sales includes the book cost of trade investments sold in the period together with any impairment in value of investments and costs associated with monitoring investments. |
Investments |
Investments comprise of shares in unquoted companies and monetary loan stock. |
Investments are held as current asset trade investments and are valued at the lower of cost and net realisable value. The net realisable value of unquoted investments is not available. The director has therefore made his own assessment of net realisable value and adjusted the carrying value where it is considered to be less than cost. This estimate requires estimation techniques which are reliant upon his experience and expertise. |
Current asset investments are held as part of a portfolio and no investments are made as a media through which the company carries on its business, investments which may otherwise be classified as fixed assets for accounting purposes. |
Interest charged on monetary loan stock is included in interest receivable. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
NJD CAPITAL LIMITED (REGISTERED NUMBER: 06578142) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2020 |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.20 | 30.6.19 |
£ | £ |
Tax |
Directors' current accounts | 1,200 | 1,200 |
Accrued expenses |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.6.20 | 30.6.19 |
value: | £ | £ |
Ordinary | 1p | 11,645 | 11,645 |
6. | RESERVES |
Retained | Share |
earnings | premium | Totals |
£ | £ | £ |
At 1 July 2019 | 65,196 |
Profit for the year |
At 30 June 2020 | 75,184 |
7. | RELATED PARTY DISCLOSURES |
The company owns 30% of the share capital of Holidays4Golfers Limited. |
This is included in current asset investments at the year end at a value of £Nil (2019: £Nil). The historical cost of this investment is £86,952. The investment has been fully impaired by the director. In respect of the year ended 30 November 2018, Holidays4Golfers Limited had a shareholders' deficit of £114,123 (2017: £109,715 and made a loss in the year of £4,408 (2017: Profit of £18,181). |
During the year the company received interest of £6,485 (2019: £7,224) from Holidays4Golfers Limited. |
During the year the company received loan repayments of £5,535 (2019: £786) from Holidays4Golfers Limited in relation to a loan that had previously been fully provided for. At the year end Holidays4Golfers Limited owed the company £105,874 (2019: £111,409) which has been fully provided for. |
NJD CAPITAL LIMITED (REGISTERED NUMBER: 06578142) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2020 |
8. | ULTIMATE CONTROLLING PARTY |
In the opinion of the director, no one person or undertaking has overall control of the company. |