Joshua Morse Marketing Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08543394 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2017

for

Joshua Morse Marketing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J T Morse

REGISTERED OFFICE:

The Stables

Epney

Saul

Gloucestershire

GL2 7LN

REGISTERED NUMBER:

08543394 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Tangible assets

4

970

1,293

CURRENT ASSETS

Debtors

5

12,104

4,404

CREDITORS

Amounts falling due within one year

6

12,742

7,015

NET CURRENT LIABILITIES

(638

)

(2,611

)

TOTAL ASSETS LESS CURRENT LIABILITIES

332

(1,318

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

331

(1,319

)

SHAREHOLDERS' FUNDS

332

(1,318

)

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

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

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 5 January 2018 and were signed by:

Mr J T Morse - Director

1.	STATUTORY INFORMATION

Joshua Morse Marketing Ltd is a private company, limited by shares , registered in England and Wales. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2016

and 31 May 2017

2,466

DEPRECIATION

At 1 June 2016

1,173

Charge for year

323

At 31 May 2017

1,496

NET BOOK VALUE

At 31 May 2017

970

At 31 May 2016

1,293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Trade debtors

6,120

90

Other debtors

5,984

4,314

12,104

4,404

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Bank loans and overdrafts

3,314

4,391

Taxation and social security

8,763

2,624

Other creditors

665

-

12,742

7,015

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J T Morse.