Abbreviated Company Accounts - J.S.M. ASSOCIATES LIMITED

J.S.M. ASSOCIATES LIMITED - Company Information

02459802 J.S.M. ASSOCIATES LIMITED 2016-09-30 false 2015-04-01 2016-09-30 true 02459802 2015-04-01 2016-09-30 02459802 2016-09-30 02459802 2015-03-31 02459802 uk-gaap-cd-bus:Director1 2015-04-01 2016-09-30 02459802 uk-gaap-cd-bus:Director2 2015-04-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 02459802

J.S.M. ASSOCIATES LIMITED

Abbreviated Accounts

30 September 2016

J.S.M. ASSOCIATES LIMITED Registered Number 02459802

Abbreviated Balance Sheet as at 30 September 2016

	Notes	30/09/2016	31/03/2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	751,598	753,197
Investments		-	-
		751,598	753,197
Current assets
Stocks		-	-
Debtors		408,769	385,179
Investments		-	-
Cash at bank and in hand		2,432	3,015
		411,201	388,194
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(719,336)	(647,637)
Net current assets (liabilities)		(308,135)	(259,443)
Total assets less current liabilities		443,463	493,754
Creditors: amounts falling due after more than one year		-	(47,617)
Total net assets (liabilities)		443,463	446,137
Capital and reserves
Called up share capital	3	1,000	1,000
Revaluation reserve		361,460	361,460
Profit and loss account		81,003	83,677
Shareholders' funds		443,463	446,137

For the year ending 30 September 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 11 September 2017

And signed on their behalf by:
JS Paton, Director

J.S.M. ASSOCIATES LIMITED Registered Number 02459802

Notes to the Abbreviated Accounts for the period ended 30 September 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 represents net invoiced sales of goods, excluding value added tax

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

Investment property - not provided
Fixtures and fittings - 25% on reducing balance
Computer equipment- 25% on reducing balance

Other accounting policies
Deferred tax
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 April 2015	789,937
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	789,937
Depreciation
At 1 April 2015	36,740
Charge for the year	1,599
On disposals	-
At 30 September 2016	38,339
Net book values
At 30 September 2016	751,598
At 31 March 2015	753,197

3Called Up Share Capital
Allotted, called up and fully paid:

	30/09/2016 £	31/03/2015 £
1,000 Ordinary shares of £1 each	1,000	1,000