Jon Frullani Architect Limited - Accounts to registrar - small 17.2

Jon Frullani Architect Limited - Accounts to registrar - small 17.2


IRIS Accounts Productionv17.2.1.52SC414344director1.2.1631.1.1731.1.17falsetruefalsefalsefalsetruefalseOrdinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC4143442016-01-31SC4143442017-01-31SC4143442016-02-012017-01-31SC4143442015-01-31SC4143442015-02-012016-01-31SC4143442016-01-31SC414344ns15:Scotland2016-02-012017-01-31SC414344ns14:PoundSterling2016-02-012017-01-31SC414344ns10:Director12016-02-012017-01-31SC414344ns10:PrivateLimitedCompanyLtd2016-02-012017-01-31SC414344ns10:SmallEntities2016-02-012017-01-31SC414344ns10:AuditExempt-NoAccountantsReport2016-02-012017-01-31SC414344ns10:SmallCompaniesRegimeForDirectorsReport2016-02-012017-01-31SC414344ns10:SmallCompaniesRegimeForAccounts2016-02-012017-01-31SC414344ns10:FullAccounts2016-02-012017-01-31SC41434412016-02-012017-01-31SC414344ns10:OrdinaryShareClass12016-02-012017-01-31SC414344ns10:RegisteredOffice2016-02-012017-01-31SC414344ns5:CurrentFinancialInstruments2017-01-31SC414344ns5:CurrentFinancialInstruments2016-01-31SC414344ns5:ShareCapital2017-01-31SC414344ns5:ShareCapital2016-01-31SC414344ns5:RetainedEarningsAccumulatedLosses2017-01-31SC414344ns5:RetainedEarningsAccumulatedLosses2016-01-31SC414344ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2016-02-012017-01-31SC414344ns5:FurnitureFittings2016-02-012017-01-31SC414344ns5:ComputerEquipment2016-02-012017-01-31SC414344ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2016-01-31SC414344ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2017-01-31SC414344ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2016-01-31SC414344ns5:FurnitureFittings2016-01-31SC414344ns5:ComputerEquipment2016-01-31SC414344ns5:FurnitureFittings2017-01-31SC414344ns5:ComputerEquipment2017-01-31SC414344ns5:FurnitureFittings2016-01-31SC414344ns5:ComputerEquipment2016-01-31SC414344ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-01-31SC414344ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-01-31SC414344ns10:OrdinaryShareClass12017-01-31SC414344ns5:RetainedEarningsAccumulatedLosses2016-01-31SC414344ns5:RetainedEarningsAccumulatedLosses2016-02-012017-01-31SC414344ns10:Director112016-01-31SC414344ns10:Director112015-01-31SC414344ns10:Director112016-02-012017-01-31SC414344ns10:Director112015-02-012016-01-31SC414344ns10:Director112017-01-31SC414344ns10:Director112016-01-31


REGISTERED NUMBER: SC414344(Scotland)


















Unaudited Financial Statements

for the Year Ended 31 January 2017

for

Jon Frullani Architect Limited

Jon Frullani Architect Limited (Registered number: SC414344)






Contents of the Financial Statements
for the Year Ended 31 January 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jon Frullani Architect Limited

Company Information
for the Year Ended 31 January 2017







DIRECTOR: J G Frullani





REGISTERED OFFICE: Unit 5, District 10
25 Greenmarket
Dundee
DD1 4QB





REGISTERED NUMBER: SC414344(Scotland)





ACCOUNTANTS: MMG Archbold
Chartered Accountants
Chapelshade House
78-84 Bell Street
Dundee
DD1 1RQ

Jon Frullani Architect Limited (Registered number: SC414344)

Balance Sheet
31 January 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 754 1,482
Tangible assets 5 10,946 3,158
11,700 4,640

CURRENT ASSETS
Debtors 6 45,885 52,317
Cash at bank and in hand 145,036 81,445
190,921 133,762
CREDITORS
Amounts falling due within one year 7 69,610 30,893
NET CURRENT ASSETS 121,311 102,869
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,011

107,509

PROVISIONS FOR LIABILITIES 2,190 466
NET ASSETS 130,821 107,043

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 130,811 107,033
SHAREHOLDERS' FUNDS 130,821 107,043

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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.

Jon Frullani Architect Limited (Registered number: SC414344)

Balance Sheet - continued
31 January 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 September 2017and were signed by:





J G Frullani- Director


Jon Frullani Architect Limited (Registered number: SC414344)

Notes to the Financial Statements
for the Year Ended 31 January 2017

1. STATUTORY INFORMATION

Jon Frullani Architect Limited is a private company, limited by shares, registered in Scotland. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's forecast and projections, taking account of reasonable changes in trading performance, indicate
that the company plans to operate within cash generated. The director confirms that, after making appropriate
enquiries, he has reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future. For this reason, the director continues to adopt the going concern basis in
preparing these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Intangible fixed assets
Amortisation is provided at the following annual rate in order to write off the following asset over its estimated
useful life.


Website - 33% straight line

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Jon Frullani Architect Limited (Registered number: SC414344)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6.

4. INTANGIBLE FIXED ASSETS
Website
development
£   
COST
At 1 February 2016
and 31 January 2017 2,210
AMORTISATION
At 1 February 2016 728
Amortisation for year 728
At 31 January 2017 1,456
NET BOOK VALUE
At 31 January 2017 754
At 31 January 2016 1,482

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2016 1,871 2,327 4,198
Additions 3,305 8,111 11,416
At 31 January 2017 5,176 10,438 15,614
DEPRECIATION
At 1 February 2016 463 577 1,040
Charge for year 1,171 2,457 3,628
At 31 January 2017 1,634 3,034 4,668
NET BOOK VALUE
At 31 January 2017 3,542 7,404 10,946
At 31 January 2016 1,408 1,750 3,158

Jon Frullani Architect Limited (Registered number: SC414344)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 40,539 29,830
Other debtors 558 558
Directors' current accounts 1,050 19,030
Prepayments and accrued income 3,738 2,899
45,885 52,317

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 8,176 1,902
Tax 30,852 15,875
Social security and other taxes 3,007 1,814
VAT 27,575 9,774
Accrued expenses - 1,528
69,610 30,893

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
10 Ordinary 1 10 10

9. RESERVES
Retained
earnings
£   

At 1 February 2016 107,033
Profit for the year 125,778
Dividends (102,000 )
At 31 January 2017 130,811

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2017 and
31 January 2016:

2017 2016
£    £   
J G Frullani
Balance outstanding at start of year 19,030 -
Amounts advanced 94,683 19,030
Amounts repaid (112,663 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,050 19,030

Jon Frullani Architect Limited (Registered number: SC414344)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017

11. FIRST YEAR ADOPTION

The Company has transitioned to FRS 102 from previously being prepared under the historical cost convention
and in accordance with the Financial Reporting Standards for Smaller Entities (effective from 1st January) as at
1st January 2015.