Accounts filed on 30-11-2015
Accounts filed on 30-11-2015
J N SOLUTIONS LIMITED
Company Registration Number:
03871763
(England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01 December 2014
End date: 30 November 2015
J N SOLUTIONS LIMITED
Abbreviated Balance sheet
As at
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2015 £ |
2014 £ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
J N SOLUTIONS LIMITED
Balance sheet continued
As at 30 November 2015
Notes |
2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 3 |
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Revaluation reserve: |
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Profit and loss account: |
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Shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
J N SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 30 November 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers, In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. Tangible fixed assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Fixtures and fittings - 10% straight line
Equipment - 33% straight lineOther accounting policies
Flat rate VAT
The company accounts for VAT by means of the flat rate scheme. This operates by calculating the VAT liability based on a percentage of gross sales receipts. Generally, no VAT on purchases is claimed. The difference between the standard rate and flat rate VAT is included in other income. Turnover is presented in the accounts net of VAT and in general, expenses are presented inclusive of VAT.
J N SOLUTIONS LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 30 November 2015
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2. Tangible assets
Total Cost £ 01 December 2014: 16,533 Additions: 0 Disposals: 0 Revaluations: 0 Transfers: 0 30 November 2015: 16,533 Depreciation 01 December 2014: 13,702 Charge for year: 707 On disposals: 0 Other adjustments: 0 30 November 2015: 14,409 Net book value 30 November 2015: 2,124 30 November 2014: 2,831