back to J. SQUARED DESIGNS LIMITED detail J. Squared Designs Limited - Accounts to registrar - small 17.1.1
IRIS Accounts Production v17.1.1.60 01254145 Board of Directors 6.4.16 5.4.17 5.4.17 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure012541452016-04-05012541452017-04-05012541452016-04-062017-04-05012541452015-04-05012541452015-04-062016-04-05012541452016-04-0501254145ns14:PoundSterling2016-04-062017-04-0501254145ns10:Director12016-04-062017-04-0501254145ns10:PrivateLimitedCompanyLtd2016-04-062017-04-0501254145ns10:SmallEntities2016-04-062017-04-0501254145ns10:AuditExempt-NoAccountantsReport2016-04-062017-04-0501254145ns10:SmallCompaniesRegimeForDirectorsReport2016-04-062017-04-0501254145ns10:SmallCompaniesRegimeForAccounts2016-04-062017-04-0501254145ns10:FullAccounts2016-04-062017-04-0501254145ns10:OrdinaryShareClass12016-04-062017-04-0501254145ns10:Director22016-04-062017-04-0501254145ns10:CompanySecretary12016-04-062017-04-0501254145ns10:RegisteredOffice2016-04-062017-04-0501254145ns5:CurrentFinancialInstruments2017-04-0501254145ns5:CurrentFinancialInstruments2016-04-0501254145ns5:ShareCapital2017-04-0501254145ns5:ShareCapital2016-04-0501254145ns5:RetainedEarningsAccumulatedLosses2017-04-0501254145ns5:RetainedEarningsAccumulatedLosses2016-04-0501254145ns5:FurnitureFittings2016-04-062017-04-0501254145ns5:FurnitureFittings2016-04-0501254145ns5:ComputerEquipment2016-04-0501254145ns5:ComputerEquipment2016-04-062017-04-0501254145ns5:FurnitureFittings2017-04-0501254145ns5:ComputerEquipment2017-04-0501254145ns5:FurnitureFittings2016-04-0501254145ns5:ComputerEquipment2016-04-0501254145ns10:OrdinaryShareClass12017-04-0501254145ns5:RetainedEarningsAccumulatedLosses2016-04-0501254145ns5:RetainedEarningsAccumulatedLosses2016-04-062017-04-05


















Unaudited Financial Statements for the Year Ended 5 April 2017

for

J. Squared Designs Limited

J. Squared Designs Limited (Registered number: 01254145)






Contents of the Financial Statements
for the Year Ended 5 April 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J. Squared Designs Limited

Company Information
for the Year Ended 5 April 2017







DIRECTORS: J W Fastnedge
Mrs D T Fastnedge





SECRETARY: Mrs D T Fastnedge





REGISTERED OFFICE: 62 Toutley Road
Emmbrook
Wokingham
Berkshire
RG41 1QL





REGISTERED NUMBER: 01254145





ACCOUNTANTS: Peter Upton
Bridge House
2 Bridge Avenue
Maidenhead
Berkshire
SL6 1RR

J. Squared Designs Limited (Registered number: 01254145)

Balance Sheet
5 April 2017

5.4.17 5.4.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 703 937

CURRENT ASSETS
Debtors 5 633 509
Cash at bank 4,815 10,753
5,448 11,262
CREDITORS
Amounts falling due within one year 6 1,909 4,438
NET CURRENT ASSETS 3,539 6,824
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,242

7,761

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 4,240 7,759
SHAREHOLDERS' FUNDS 4,242 7,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2017 in accordance with Section 476 of the Companies Act 2006.

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.

J. Squared Designs Limited (Registered number: 01254145)

Balance Sheet - continued
5 April 2017


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 Board of Directors on 18 July 2017 and were signed on its
behalf by:





J W Fastnedge - Director


J. Squared Designs Limited (Registered number: 01254145)

Notes to the Financial Statements
for the Year Ended 5 April 2017

1. STATUTORY INFORMATION

J. Squared Designs Limited is a private company, limited by shares , registered in Not
specified/Other. 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.
Fixtures and fittings - 25% on reducing balance

Financial instruments
The company has financial assets and liabilities of a kind that qualify as basic financial instruments,
which are initially recognised at transaction value and subsequently measured at their settlement
value.

Taxation
Taxation for the year 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 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 year 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.

J. Squared Designs Limited (Registered number: 01254145)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2017

2. ACCOUNTING POLICIES - continued

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in
operational existence for the foreseeable future. Thus they continue to adopt the going concern basis
of accounting in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Fixtures Office &
and sundry
fittings equipment Totals
£    £    £   
COST
At 6 April 2016
and 5 April 2017 3,994 2,516 6,510
DEPRECIATION
At 6 April 2016 3,994 1,579 5,573
Charge for year - 234 234
At 5 April 2017 3,994 1,813 5,807
NET BOOK VALUE
At 5 April 2017 - 703 703
At 5 April 2016 - 937 937

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.17 5.4.16
£    £   
VAT 633 509

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.17 5.4.16
£    £   
Tax - 662
Directors' current accounts 1,209 2,576
Accrued expenses 700 1,200
1,909 4,438

J. Squared Designs Limited (Registered number: 01254145)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2017

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 5.4.17 5.4.16
value: £    £   
2 Ordinary 1 2 2

8. RESERVES
Retained
earnings
£   

At 6 April 2016 7,759
Deficit for the year (1,519 )
Dividends (2,000 )
At 5 April 2017 4,240

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr JW Fastnedge & Mrs DT Fastnedge.