JAYU_LIMITED - Accounts

JAYU LIMITED - Company Information

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Company Registration No. 03005978 (England and Wales)

JAYU LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

JAYU LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

JAYU LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

462

543

Current assets

Debtors

765

830

Cash at bank and in hand

25,250

32,427

26,015

33,257

Creditors: amounts falling due within one year

(25,930)

(28,832)

Net current assets

4,425

Total assets less current liabilities

547

4,968

Provisions for liabilities

(93)

(109)

454

4,859

Capital and reserves

Called up share capital

Profit and loss account

452

4,857

Shareholders' funds

454

4,859

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 July 2016

Mr J Soma

Director

Company Registration No. 03005978

JAYU LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

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

Turnover represents amounts receivable for services provided net of VAT.

1.4

Tangible fixed assets and depreciation

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

Fixtures, fittings & equipment

15% per annum on reducing balance basis.

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 January 2015 & at 31 December 2015

3,110

Depreciation

At 1 January 2015

2,567

Charge for the year

At 31 December 2015

2,648

Net book value

At 31 December 2015

462

At 31 December 2014

543

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary shares of £1 each