JLGT Ltd - Accounts to registrar (filleted) - small 18.2
JLGT Ltd - Accounts to registrar (filleted) - small 18.2
| JLGT LTD |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2017 TO 13 JULY 2018 |
| JLGT LTD (REGISTERED NUMBER: 01794161) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2017 TO 13 JULY 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| JLGT LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 SEPTEMBER 2017 TO 13 JULY 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants and Business Advisers |
| Oakhurst House |
| 57 Ashbourne Road |
| Derby |
| Derbyshire |
| DE22 3FS |
| JLGT LTD (REGISTERED NUMBER: 01794161) |
| BALANCE SHEET |
| 13 JULY 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Revaluation reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| JLGT LTD (REGISTERED NUMBER: 01794161) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2017 TO 13 JULY 2018 |
| 1. | STATUTORY INFORMATION |
| JLGT Ltd is a |
| number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the 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. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Motor vehicles | - |
| Taxation |
| Taxation for the period 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 period 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. |
| JLGT LTD (REGISTERED NUMBER: 01794161) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 SEPTEMBER 2017 TO 13 JULY 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 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 period was NIL (2017 - 7 ). |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Motor |
| property | vehicles | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 September 2017 |
| Disposals | ( |
) | ( |
) | ( |
) |
| Revaluations | ( |
) | ( |
) |
| At 13 July 2018 |
| DEPRECIATION |
| At 1 September 2017 |
| Eliminated on disposal | ( |
) | ( |
) |
| At 13 July 2018 |
| NET BOOK VALUE |
| At 13 July 2018 |
| At 31 August 2017 |
| Cost or valuation at 13 July 2018 is represented by: |
| Freehold |
| property |
| £ |
| Valuation in 2017 | 49,997 |
| Valuation in 2018 | (45,000 | ) |
| Cost | 410,003 |
| 415,000 |
| JLGT LTD (REGISTERED NUMBER: 01794161) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 SEPTEMBER 2017 TO 13 JULY 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | DEFERRED TAX |
| £ |
| Balance at 1 September 2017 | ( |
) |
| Provided during period |
| Balance at 13 July 2018 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 10,000 | 10,000 |
| 9. | RESERVES |
| Revaluation |
| reserve |
| £ |
| At 1 September 2017 |
| Revaluation in the year | (45,000 | ) |
| At 13 July 2018 |
| JLGT LTD (REGISTERED NUMBER: 01794161) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 SEPTEMBER 2017 TO 13 JULY 2018 |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the period ended 13 July 2018 and the year |
| ended 31 August 2017: |
| 2018 | 2017 |
| £ | £ |
| Balance outstanding at start of period | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |