| Carrier Jones Ltd |
| Registered number: |
07282482 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
5,932 |
|
|
9,017 |
|
| Current assets |
| Debtors |
4 |
|
81,074 |
|
|
189,235 |
| Cash at bank and in hand |
|
|
20,614 |
|
|
48,540 |
|
|
|
101,688 |
|
|
237,775 |
|
| Creditors: amounts falling due within one year |
|
|
(105,262) |
|
|
(243,862) |
|
| Net current liabilities |
|
|
|
(3,574) |
|
|
(6,087) |
|
| Total assets less current liabilities |
|
|
|
2,358 |
|
|
2,930 |
|
|
| Provisions for liabilities |
|
|
|
(1,186) |
|
|
(1,803) |
|
|
| Net assets |
|
|
|
1,172 |
|
|
1,127 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
1,072 |
|
|
1,027 |
|
| Shareholder's funds |
|
|
|
1,172 |
|
|
1,127 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| M Carrier Jones |
| Director |
| Approved by the board on 31 March 2015 |
|
| Carrier Jones Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Office equipment, fixtures & fittings |
20% straight line |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2013 |
20,210 |
|
Additions |
957 |
|
At 30 June 2014 |
21,167 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2013 |
11,193 |
|
Charge for the year |
4,042 |
|
At 30 June 2014 |
15,235 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2014 |
5,932 |
|
At 30 June 2013 |
9,017 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
| 4 |
Related Party Transactions |
|
Other debtors includes an amount of £15500 (2012 £15500) owed to the company by The Bellevue Tea Company Ltd, a close company wholly owned by the directors wife. There are no fixed repayment terms and no interest charged. |
|
|
There is also a balance owed by the Director of £120113 (2012 £32147) in respect of a short term withdrawal of funds from the company. No interest has been charged. |
