Jericho Loch Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC181146 (Scotland)

Abbreviated Accounts for the Year Ended 31st December 2015

for

Jericho Loch Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C L Carlow

R L Carlow

SECRETARY:

C L Carlow

REGISTERED OFFICE:

Farries, Kirk & McVean

Dumfries Enterprise Park

Heathhall

Dumfries

DUMFRIESSHIRE

DG1 3SJ

REGISTERED NUMBER:

SC181146 (Scotland)

ACCOUNTANTS:

Farries Kirk & McVean

Dumfries Enterprise Park

Heathhall

Dumfries

DUMFRIESSHIRE

DG1 3SJ

FIXED ASSETS

Tangible assets

2

50,000

CURRENT ASSETS

Debtors

5,800

-

Cash at bank

20,115

21,073

25,915

21,073

CREDITORS

Amounts falling due within one year

(4,070

)

(3,239

)

NET CURRENT ASSETS

21,845

17,834

TOTAL ASSETS LESS CURRENT
LIABILITIES

71,845

67,834

CAPITAL AND RESERVES

Called up share capital

3

50,000

Profit and loss account

21,845

17,834

SHAREHOLDERS' FUNDS

71,845

67,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

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 Board of Directors on 29th September 2016 and were signed on its behalf by:

R L Carlow - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Amounts written off each asset over the estimated useful life represent cost less residual value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

and 31st December 2015

50,000

NET BOOK VALUE

At 31st December 2015

50,000

At 31st December 2014

50,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

50,000

Ordinary

£1

50,000