INIGO JONES TRADING LTD
INIGO JONES TRADING LTD
Registered number: 03823017
Unaudited Financial Statements
For The Year Ended 31 December 2017
VINCENT CONSULTANTS LONDON LTD
180 PICCADILLY
LONDON
W1J 9HF
INIGO JONES TRADING LTD
Unaudited Financial Statements
For The Year Ended 31 December 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
INIGO JONES TRADING LTD
Balance Sheet
As at
31 December 2017
Balance Sheet
Registered number:
03823017
For the year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
|---|---|---|---|---|---|
| Notes | € | € | € | € | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 6 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (210,570) | (184,671) | |||
Page 1
INIGO JONES TRADING LTD
Balance Sheet (continued)
As at
31 December 2017
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
INIGO JONES TRADING LTD
Notes to the Financial Statements
For The Year Ended 31 December 2017
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
1.3.
Turnover
Turnover arises wholly from the company's ordinary activities which are carrie on in the European Union. It representsrental income and other income.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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| Fixtures & Fittings |
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1.5.
Foreign Currencies
Assets and liabilities in foreign currencies are translated into Euro at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1.6.
Taxation
The charge for taxation is based on the profit for the year at the prevailing small company rate, after taking into account any trading losses brought forward from previous years.
3.
Tangible Assets
| Land & Property | |
|---|---|
| Freehold | |
| € | |
| Cost | |
| As at |
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| Revaluation | 2,654 |
| As at |
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| Net Book Value | |
| As at |
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| As at |
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Page 3
INIGO JONES TRADING LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2017
4.
Debtors
| 2017 | 2016 | ||
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| € | € | ||
| Due within one year | |||
| Trade debtors |
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| Other debtor |
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5.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| € | € | ||
| Trade creditors |
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| Other creditor |
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| Accruals |
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6.
Creditors: Amounts Falling Due After More Than One Year
| 2017 | 2016 | ||
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| € | € | ||
| Shareholder Loan |
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8.
General Information
INIGO JONES TRADING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 03823017 . The registered office is 180 PICCADILLY, LONDON, W1J 9HF.
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