Jet Wash Aircraft Cleaning Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04275139 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Jet Wash Aircraft Cleaning Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Clements

C Rooney

N J Hyslop

SECRETARY:

J Clements

REGISTERED OFFICE:

30B Southgate

Chichester

West Sussex

PO19 1DP

REGISTERED NUMBER:

04275139 (England and Wales)

ACCOUNTANTS:

Robert Sadler & Company Ltd

Chartered Accountants

30B Southgate

Chichester

West Sussex

PO19 1DP

FIXED ASSETS

Tangible assets

2

2,187

3,252

CURRENT ASSETS

Debtors

137,257

138,711

Cash at bank and in hand

149,890

221,778

287,147

360,489

CREDITORS

Amounts falling due within one year

54,481

161,520

NET CURRENT ASSETS

232,666

198,969

TOTAL ASSETS LESS CURRENT
LIABILITIES

234,853

202,221

CAPITAL AND RESERVES

Called up share capital

3

Share premium

300,999

Profit and loss account

(66,149

)

(98,781

)

SHAREHOLDERS' FUNDS

234,853

202,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 9 January 2017 and were signed on its behalf by:

J Clements - 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 goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

6,792

DEPRECIATION

At 1 April 2015

3,540

Charge for year

1,065

At 31 March 2016

4,605

NET BOOK VALUE

At 31 March 2016

2,187

At 31 March 2015

3,252

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

273

Ordinary 1p

1p

3