NJD Capital Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06578142 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

NJD CAPITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J G Smith

SECRETARY:

Mr A N Exley

REGISTERED OFFICE:

6 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

REGISTERED NUMBER:

06578142 (England and Wales)

ACCOUNTANTS:

Somers McGill

6 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

CURRENT ASSETS

Cash at bank

71,827

60,297

CREDITORS

Amounts falling due within one year

4

940

1,024

NET CURRENT ASSETS

70,887

59,273

TOTAL ASSETS LESS CURRENT
LIABILITIES

70,887

59,273

CAPITAL AND RESERVES

Called up share capital

5

11,645

Share premium

6

34,693

Retained earnings

6

24,549

12,935

SHAREHOLDERS' FUNDS

70,887

59,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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 25 July 2018 and were signed by:

Mr J G Smith - Director

1.	STATUTORY INFORMATION

NJD Capital 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.

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 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.

Cost of sales

Cost of sales includes the book cost of trade investments sold in the period together with any impairment in value

of investments and costs associated with monitoring investments.

Investments

Investments comprise of shares in unquoted companies and monetary loan stock.

Investments are held as current asset trade investments and are valued at the lower of cost and net realisable

value. The net realisable value of unquoted investments is not available. The director has therefore made his own

assessment of net realisable value and adjusted the carrying value where it is considered to be less than cost. This

estimate requires estimation techniques which are reliant upon his experience and expertise.

Current asset investments are held as part of a portfolio and no investments are made as a media through which

the company carries on its business, investments which may otherwise be classified as fixed assets for accounting

purposes.

Interest charged on monetary loan stock is included in interest receivable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

Tax

4

Accrued expenses

936

1,020

940

1,024

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.18

30.6.17

value:

£

1,164,500

Ordinary

1p

11,645

6.

RESERVES

Retained

Share

earnings

premium

Totals

£

At 1 July 2017

12,935

34,693

47,628

Profit for the year

11,614

At 30 June 2018

24,549

34,693

59,242

7.	RELATED PARTY DISCLOSURES

The company owns 30% of the share capital of Holidays4Golfers Limited.

This is included in current asset investments at the year end at a value of £Nil (2017: £Nil). The historical cost of

this investment is £86,952. The investment has been fully impaired by the director. In respect of the year ended

30 November 2016, Holidays4Golfers Limited had a shareholders' deficit of £127,896 (2015: £75,973) and

made a loss in the year of £51,923 (2015: £18,176).

During the year the company received interest of £7,920 (2017: £7,700) from Holidays4Golfers Limited.

During the year the company received loan repayments of £5,500 (2017: £5,000) from Holidays4Golfers Limited

in relation to a loan that had previously been fully provided for. At the year end Holidays4Golfers Limited owed

the company £112,195 (2017: £117,695) which has been fully provided for.

8.	ULTIMATE CONTROLLING PARTY

In the opinion of the director, no one person or undertaking has overall control of the company.

NJD Capital Limited - Accounts to registrar (filleted) - small 18.2

NJD Capital Limited - Accounts to registrar (filleted) - small 18.2