Abbreviated Company Accounts - J H VENTILATION SERVICES LTD

J H VENTILATION SERVICES LTD - Company Information

Registered Number 07647801

J H VENTILATION SERVICES LTD

Abbreviated Accounts

31 May 2014

J H VENTILATION SERVICES LTD Registered Number 07647801

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,059	3,459
		3,059	3,459
Current assets
Stocks		650	500
Debtors		22,630	17,343
Cash at bank and in hand		1,353	660
		24,633	18,503
Prepayments and accrued income		519	513
Creditors: amounts falling due within one year		(17,988)	-
Net current assets (liabilities)		7,164	19,016
Total assets less current liabilities		10,223	22,475
Creditors: amounts falling due after more than one year		-	(14,736)
Accruals and deferred income		(1,487)	(1,130)
Total net assets (liabilities)		8,736	6,609
Capital and reserves
Called up share capital		10	10
Profit and loss account		8,726	6,599
Shareholders' funds		8,736	6,609

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 27 February 2015

And signed on their behalf by:
John Edward Hagstrom, Director

J H VENTILATION SERVICES LTD Registered Number 07647801

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2013	5,572
Additions	435
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	6,007
Depreciation
At 1 June 2013	2,113
Charge for the year	835
On disposals	-
At 31 May 2014	2,948
Net book values
At 31 May 2014	3,059
At 31 May 2013	3,459