NJG Advisers Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08825860 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

NJG ADVISERS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Gow

REGISTERED OFFICE:

1 Bramley Business Centre

Station Road

Bramley

Surrey

GU5 0AZ

REGISTERED NUMBER:

08825860 (England and Wales)

FIXED ASSETS

Investments

4

10

8

CURRENT ASSETS

Debtors

-

6,460

Cash at bank

65,213

60,249

65,213

66,709

CREDITORS

Amounts falling due within one year

3,128

7,447

NET CURRENT ASSETS

62,085

59,262

TOTAL ASSETS LESS CURRENT LIABILITIES

62,095

59,270

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

61,995

59,170

SHAREHOLDERS' FUNDS

62,095

59,270

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 27 June 2018 and were signed by:

N Gow - Director

1.	STATUTORY INFORMATION

NJG Advisers Limited 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 represents sales of management and branding consultancy services, excluding value added tax, performed during

the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities.

Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are

assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or

past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not

reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Investments

Investments in shares are included at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - 2 ).

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2017

8

Additions

2

At 31 December 2017

10

NET BOOK VALUE

At 31 December 2017

10

At 31 December 2016

8

During the year ended 31 December 2017, 25 Ordinary D shares of 10p were issued to the company for cash at par in a

related undertaking. As at 31 December 2016, the company holds 100 Ordinary D shares which amounts to a 4% holding in

the related undertaking.

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2017, a director had loaned the company £462 (2016 - £152). During the year interest of £128 (2016 -

£nil) was charged on the loan at a rate of 3% per annum and is included within Other interest received.

6.	RELATED PARTY DISCLOSURES

During the year ended 31 December 2017, NJG Advisers Limited entered into the following transactions with a related

undertaking:

NJG Advisers Limited received dividends amounting to £131,000 (2016 - £98,500).

NJG Advisers Limited raised management charges amounting to £12,000 (2016 - £12,000).

No balances were held at the year-end with respect to monies owed to or due from related undertakings.