J E Russell Trading Limited - Period Ending 2017-06-30

Registration number: 09690774

J E Russell Trading Limited

Annual Report and Unaudited Financial Statements

for the Period from 17 May 2015 to 30 June 2016

 

J E Russell Trading Limited
Contents

Company Information 1

Director's Report 2

Accountants' Report 3

Profit and Loss Account 4

Balance Sheet 5

Notes to the Financial Statements 6

J E Russell Trading Limited
Company Information

Chairman

Mr Jonathan Gain

Company secretary

Stellar Company Secretary Limited

Registered office

1 Conduit Street London W1S 2XA

Bankers

Royal Bank of Scotland plc Marylebone North West House 119 Marylebone Road London NW1 5PY

Page 1

J E Russell Trading Limited
Director's Report for the Period from 17 May 2015 to 30 June 2016

The director presents his report and the unaudited financial statements for the period from 17 May 2015 to 30 June 2016.

Incorporation

The company was incorporated and commenced trading on 17 July 2015 .

Director of the company

The director who held office during the period was as follows:

Mr Jonathan Gain - Chairman (appointed 17 July 2015)

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 31 March 2017 and signed on its behalf by:

.........................................
Mr Jonathan Gain
Chairman

Page 2

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
J E Russell Trading Limited
for the Period Ended 30 June 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of J E Russell Trading Limited for the period ended 30 June 2016 set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of J E Russell Trading Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of J E Russell Trading Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J E Russell Trading Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that J E Russell Trading Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of J E Russell Trading Limited. You consider that J E Russell Trading Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of J E Russell Trading Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Date:.............................

Page 3

J E Russell Trading Limited
Profit and Loss Account for the Period from 17 May 2015 to 30 June 2016

		Note			17 May 2015 to 30 June 2016 £
Turnover					-
Operating profit/(loss)					-
Profit/(loss) on ordinary activities before taxation					-
Profit/(loss) for the financial period		3			-

The notes on page 6 form an integral part of these financial statements.
Page 4

J E Russell Trading Limited
(Registration number: 09690774)
Balance Sheet at 30 June 2016

		Note			30 June 2016 £
Current assets
Cash at bank and in hand					76,800
Capital and reserves
Called up share capital		2			40,000
Share premium account		3			36,800
Shareholders' funds					76,800

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised for issue by the director on 31 March 2017

.........................................
Mr Jonathan Gain
Chairman

The notes on page 6 form an integral part of these financial statements.
Page 5

J E Russell Trading Limited
Notes to the Financial Statements for the Period from 17 May 2015 to 30 June 2016
......... continued

1	Accounting policies

Basis of preparation

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).

2	Share capital

Allotted, called up and fully paid shares

	30 June 2016
		No.			£
Ordinary of £0.50 each		80,000			40,000

3

Reserves

		Share premium account £			Total £
Premium on issue of shares		36,800			36,800
At 30 June 2016		36,800			36,800

Page 6