Abbreviated Company Accounts - JP BUCKLEY AERODYNAMICS LIMITED

Abbreviated Company Accounts - JP BUCKLEY AERODYNAMICS LIMITED

JP BUCKLEY AERODYNAMICS LIMITED - Company Information

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Registered Number 08619255

JP BUCKLEY AERODYNAMICS LIMITED

Abbreviated Accounts

31 July 2014

JP BUCKLEY AERODYNAMICS LIMITED Registered Number 08619255

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014
£
Fixed assets
Tangible assets 2 1,933
1,933
Current assets
Debtors 64,196
Cash at bank and in hand 61,980
126,176
Creditors: amounts falling due within one year (37,307)
Net current assets (liabilities) 88,869
Total assets less current liabilities 90,802
Total net assets (liabilities) 90,802
Capital and reserves
Called up share capital 1
Profit and loss account 90,801
Shareholders' funds 90,802
  • For the year ending 31 July 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 22 April 2015

And signed on their behalf by:
J P Buckley, Director

JP BUCKLEY AERODYNAMICS LIMITED Registered Number 08619255

Notes to the Abbreviated Accounts for the period ended 31 July 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 and derives from the provision of goods falling within the company's ordinary activities.

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:

Fixtures, fittings and equipment ‐ 25% straight line

2Tangible fixed assets
£
Cost
Additions 2,578
Disposals -
Revaluations -
Transfers -
At 31 July 2014 2,578
Depreciation
Charge for the year 645
On disposals -
At 31 July 2014 645
Net book values
At 31 July 2014 1,933