Jordan Hayes Limited - Period Ending 2014-01-31

Registration number: 3903042

Jordan Hayes Limited

Unaudited Abbreviated Financial Statements

for the Year Ended 31 January 2014

Jordan Hayes Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Financial Statements 2 to 3

Jordan Hayes Limited
(Registration number: 3903042)
Abbreviated Balance Sheet at 31 January 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					741			261
		2			741			261
Current assets
Debtors					5,484			47
Cash at bank and in hand					91,917			5,300
					97,401			5,347
Creditors: Amounts falling due within one year					(63,376)			(54,366)
Net current assets/(liabilities)					34,025			(49,019)
Net assets/(liabilities)					34,766			(48,758)
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					34,764			(48,760)
Shareholders' funds/(deficit)					34,766			(48,758)

For the year ending 31 January 2014 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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

Approved by the director on 16 October 2014

 S J Hayes
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Jordan Hayes Limited
Notes to the Abbreviated Financial Statements for the
Year Ended 31 January 2014

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated financial statements have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.

Going concern

The financial statements have been prepared on the assumption that the company is able to carry on business as a going concern, which the director considers appropriate.

Exemption from preparing a cash flow statement

The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company during the period, net of discounts and value added tax.

Depreciation

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

Asset class	Depreciation method and rate
Office equipment	25% on net book value

Deferred tax

Deferred taxation arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.

Page 2

Jordan Hayes Limited
Notes to the Abbreviated Financial Statements for the
Year Ended 31 January 2014

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 February 2013		3,179			3,179
Additions		804			804
At 31 January 2014		3,983			3,983
Depreciation
At 1 February 2013		2,918			2,918
Charge for the year		324			324
At 31 January 2014		3,242			3,242
Net book value
At 31 January 2014		741			741
At 31 January 2013		261			261

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

Page 3