Jigsaw Property Renovation & Design Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05462341 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

Jigsaw Property Renovation & Design Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S W Tanner

Mr M Sparrow

SECRETARY:

Mr S W Tanner

REGISTERED OFFICE:

Pawlett House

West Street

SOMERTON

Somerset

TA11 7PS

REGISTERED NUMBER:

05462341 (England and Wales)

ACCOUNTANTS:

Bridges Holland

Chartered Certified Accountant

Pawlett House

West Street

Somerton

Somerset

TA11 7PS

FIXED ASSETS

Tangible assets

2

294

392

Investments

3

300,000

300,000

300,294

300,392

CURRENT ASSETS

Stocks

400,000

400,000

Debtors

6,014

251

Cash at bank

2,644

1,238

408,658

401,489

CREDITORS

Amounts falling due within one year

767,622

810,043

NET CURRENT LIABILITIES

(358,964

)

(408,554

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(58,670

)

(108,162

)

ACCRUALS AND DEFERRED INCOME

3,684

2,674

NET LIABILITIES

(62,354

)

(110,836

)

CAPITAL AND RESERVES

Called up share capital

4

3

3

Profit and loss account

(62,357

)

(110,839

)

SHAREHOLDERS' FUNDS

(62,354

)

(110,836

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 10 April 2015 and were signed on its behalf by:

Mr S W Tanner - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

and 31 July 2014

1,494

DEPRECIATION

At 1 August 2013

1,102

Charge for year

98

At 31 July 2014

1,200

NET BOOK VALUE

At 31 July 2014

294

At 31 July 2013

392

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 August 2013

and 31 July 2014

100,000

NET BOOK VALUE

At 31 July 2014

100,000

At 31 July 2013

100,000

Loans

£

At 1 August 2013

and 31 July 2014

200,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

3

Ordinary

£1

3

3