Abbreviated Company Accounts - JULIAN ANSELL LIMITED

Abbreviated Company Accounts - JULIAN ANSELL LIMITED


Registered Number 04653990

JULIAN ANSELL LIMITED

Abbreviated Accounts

31 May 2014

JULIAN ANSELL LIMITED Registered Number 04653990

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,071 7,428
4,071 7,428
Current assets
Stocks 1,210 1,470
Debtors 17,191 19,413
Cash at bank and in hand 4,199 -
22,600 20,883
Creditors: amounts falling due within one year (25,314) (27,253)
Net current assets (liabilities) (2,714) (6,370)
Total assets less current liabilities 1,357 1,058
Total net assets (liabilities) 1,357 1,058
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,356 1,057
Shareholders' funds 1,357 1,058
  • For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 December 2014

And signed on their behalf by:
J M Ansell, Director

JULIAN ANSELL LIMITED Registered Number 04653990

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2013 18,354
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 18,354
Depreciation
At 1 June 2013 10,926
Charge for the year 3,357
On disposals -
At 31 May 2014 14,283
Net book values
At 31 May 2014 4,071
At 31 May 2013 7,428