The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for:
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the director on 27 May 2016and were signed by:
The financial statements have been prepared under the historical cost
convention and in accordance with the Financial Reporting Standard for
Smaller Entities (effective January 2015).
The company was dormant throughout the current year and previous year.
The payment of taxation is deferred or accelerated because of timing
differences between the treatment of certain items for accounting and
taxation purposes. Full provision for deferred taxation is made under the
liability method, without discounting, on all timing differences that have
arisen, but not reversed by the balance sheet date, unless such provision
is not permitted by accounting standards.
In accordance with such standards deferred tax is not provided for:
a) revaluation gains on land and buildings, unless there is a binding
agreement to sell them at the balance sheet date; and
b) gains on the sale of non-monetary assets, if the taxable gain will
probably be rolled over.
Although the going concern basis has been adopted in these accounts, if
assets were valued on a break-up basis there would be no material
CALLED UP SHARE CAPITAL
Allotted, issued and fully paid:
Jet (Beauty Services) Ltd
Report of the Accountants to the Director of
Jet (Beauty Services) Ltd
The following reproduces the text of the report prepared for the director in
respect of the company's annual unaudited financial statements, from which the
unaudited abbreviated accounts (set out on pages two to three) have been
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2015 set out on pages three to six and you consider that the company is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
The company is technically insolvent at the end of the year, but continues to be
supported by the director and is therefore considered to be a going concern.
13 Victoria Street
30 May 2016
This page does not form part of the abbreviated accounts