Abbreviated Company Accounts - JEMADA INVESTMENTS LIMITED

JEMADA INVESTMENTS LIMITED - Company Information

03858357 JEMADA INVESTMENTS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 03858357 2015-01-01 2015-12-31 03858357 2015-12-31 03858357 2014-12-31 03858357 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 03858357 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 03858357

JEMADA INVESTMENTS LIMITED

Abbreviated Accounts

31 December 2015

JEMADA INVESTMENTS LIMITED Registered Number 03858357

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,992,540	3,787,810
		2,992,540	3,787,810
Current assets
Debtors		26,907	11,267
Cash at bank and in hand		819,620	468,697
		846,527	479,964
Creditors: amounts falling due within one year		(18,286)	-
Net current assets (liabilities)		828,241	479,964
Total assets less current liabilities		3,820,781	4,267,774
Creditors: amounts falling due after more than one year		(2,371,244)	(2,787,855)
Total net assets (liabilities)		1,449,537	1,479,919
Capital and reserves
Called up share capital	3	793,750	793,750
Share premium account		145,525	145,525
Other reserves		11,657	436,930
Profit and loss account		498,605	103,714
Shareholders' funds		1,449,537	1,479,919

For the year ending 31 December 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 1 August 2016

And signed on their behalf by:
J P SCHOLAR, Director

JEMADA INVESTMENTS LIMITED Registered Number 03858357

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention modified to include the
revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of rents and related income
receivable for the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:
Land and buildings - 0%
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Investment properties

Depreciation is not provided on freehold investment properties in accordance with SSAP 19. Freehold investment properties are revalued annually by the directors and any surplus transferred to or from Investment Property Revaluation Reserve. Temporary net deficits on Investment Property Revaluation Reserve are shown in the Statement of Total Recognised Gains and Losses.

2Tangible fixed assets

	£
Cost
At 1 January 2015	3,787,810
Additions	459,302
Disposals	(1,250,000)
Revaluations	-
Transfers	-
At 31 December 2015	2,997,112
Depreciation
At 1 January 2015	-
Charge for the year	4,572
On disposals	-
At 31 December 2015	4,572
Net book values
At 31 December 2015	2,992,540
At 31 December 2014	3,787,810

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
793,750 Ordinary shares of £1 each	793,750	793,750