Abbreviated Company Accounts - JAM LEISURE PROPERTY LIMITED

Abbreviated Company Accounts - JAM LEISURE PROPERTY LIMITED

JAM LEISURE PROPERTY LIMITED - Company Information

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Registered Number 04230299

JAM LEISURE PROPERTY LIMITED

Abbreviated Accounts

30 June 2016

JAM LEISURE PROPERTY LIMITED Registered Number 04230299

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,350,978 1,351,805
1,350,978 1,351,805
Current assets
Debtors 96,000 118,000
96,000 118,000
Creditors: amounts falling due within one year (224,399) (242,087)
Net current assets (liabilities) (128,399) (124,087)
Total assets less current liabilities 1,222,579 1,227,718
Creditors: amounts falling due after more than one year (683,215) (691,260)
Total net assets (liabilities) 539,364 536,458
Capital and reserves
Called up share capital 100 100
Profit and loss account 539,264 536,358
Shareholders' funds 539,364 536,458
  • For the year ending 30 June 2016 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 5 August 2016

And signed on their behalf by:
Mr Adrian Hobbs, Director

JAM LEISURE PROPERTY LIMITED Registered Number 04230299

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts 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 comprises the invoiced value of goods and services supplied by the company,net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets,less their estimated residual value,over their expected useful lives on the following bases:
Plant & Machinery 15%

2Tangible fixed assets
£
Cost
At 1 July 2015 1,375,443
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2016 1,375,443
Depreciation
At 1 July 2015 23,638
Charge for the year 827
On disposals -
At 30 June 2016 24,465
Net book values
At 30 June 2016 1,350,978
At 30 June 2015 1,351,805