Abbreviated Company Accounts - JDM EARTH LIMITED

Registered Number 08964661

JDM EARTH LIMITED

Abbreviated Accounts

31 March 2015

JDM EARTH LIMITED Registered Number 08964661

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	2,135
		2,135
Current assets
Cash at bank and in hand		661
		661
Creditors: amounts falling due within one year		(2,676)
Net current assets (liabilities)		(2,015)
Total assets less current liabilities		120
Provisions for liabilities		(17)
Total net assets (liabilities)		103
Capital and reserves
Called up share capital		30
Profit and loss account		73
Shareholders' funds		103

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 December 2015

And signed on their behalf by:
Mr D Mullen, Director

JDM EARTH LIMITED Registered Number 08964661

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of
each asset over its expected useful life, as follows:

Motor vehicles - 25% reducing balance

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets

	£
Cost
Additions	2,500
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,500
Depreciation
Charge for the year	365
On disposals	-
At 31 March 2015	365
Net book values
At 31 March 2015	2,135