Joshua G Rice Creative Limited - Abbreviated accounts 16.3

Joshua G Rice Creative Limited - Abbreviated accounts 16.3


08150921 1.8.15 31.7.16 31.7.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure081509212015-07-31081509212016-07-31081509212015-08-012016-07-31081509212014-07-31081509212014-08-012015-07-31081509212015-07-3108150921ns12:England2015-08-012016-07-3108150921ns14:PoundSterling2015-08-012016-07-3108150921ns7:Director12015-08-012016-07-3108150921ns7:OrdinaryShareClass12015-08-012016-07-3108150921ns7:RegisteredOffice2015-08-012016-07-3108150921ns7:EntityAccountantsOrAuditors2015-08-012016-07-3108150921ns5:FixturesFittings2015-08-012016-07-3108150921ns5:ComputerEquipment2015-08-012016-07-3108150921ns7:OrdinaryShareClass12016-07-3108150921ns7:OrdinaryShareClass12015-07-31
REGISTERED NUMBER: 08150921 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Joshua G Rice Creative Limited

Joshua G Rice Creative Limited (Registered number: 08150921)






Contents of the Abbreviated Accounts
for the Year Ended 31 July 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Joshua G Rice Creative Limited

Company Information
for the Year Ended 31 July 2016







DIRECTOR: J G Rice





REGISTERED OFFICE: 71 St Dunstans Road
London
W7 2EY





REGISTERED NUMBER: 08150921 (England and Wales)





ACCOUNTANTS: ABEL Associates
Chartered Accountants
North London Business Park
Oakleigh Road South
London
N11 1GN

Joshua G Rice Creative Limited (Registered number: 08150921)

Abbreviated Balance Sheet
31 July 2016

31.7.16 31.7.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 389 775

CURRENT ASSETS
Debtors - 4,287
Cash at bank 6,326 11,181
6,326 15,468
CREDITORS
Amounts falling due within one year 8,290 15,157
NET CURRENT (LIABILITIES)/ASSETS (1,964 ) 311
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,575

)

1,086

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account (1,576 ) 1,085
SHAREHOLDERS' FUNDS (1,575 ) 1,086

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 11 March 2017 and were signed by:





J G Rice - Director


Joshua G Rice Creative Limited (Registered number: 08150921)

Notes to the Abbreviated Accounts
for the Year Ended 31 July 2016

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 the invoiced value of services provided, 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.

Fixtures and fittings - 20% on cost
Computer equipment - 33% 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.

Going concern
The financial statements have been prepared on the presumption that the company is, and continues to be a going
concern. The director has continued to financially support the business as necessary, and this is expected to
continue until the company becomes consistently profitable and cash flow positive.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2015
and 31 July 2016 2,599
DEPRECIATION
At 1 August 2015 1,824
Charge for year 386
At 31 July 2016 2,210
NET BOOK VALUE
At 31 July 2016 389
At 31 July 2015 775

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.16 31.7.15
value: £    £   
1 Ordinary 1 1 1

4. ULTIMATE CONTROLLING PARTY

Mr J Rice controls the company through his 100% shareholding.