JK Tiling Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07027985 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

JK Tiling Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J King

REGISTERED OFFICE:

22 Great Rea Road

Brixham

Torbay

TQ5 9SR

REGISTERED NUMBER:

07027985 (England and Wales)

ACCOUNTANTS:

Pemberton Professionals Limited

Peterden House

1a Leighton Road

West Ealing

London

W13 9EL

FIXED ASSETS

Tangible assets

2

14,600

16,275

CURRENT ASSETS

Stocks

975

1,115

Cash at bank and in hand

4,295

9,897

5,270

11,012

CREDITORS

Amounts falling due within one year

19,424

26,789

NET CURRENT LIABILITIES

(14,154

)

(15,777

)

TOTAL ASSETS LESS CURRENT LIABILITIES

446

498

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

444

496

SHAREHOLDERS' FUNDS

446

498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 13 May 2015 and were signed by:

J King - 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.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

35,835

Additions

6,500

At 30 September 2014

42,335

DEPRECIATION

At 1 October 2013

19,560

Charge for year

8,175

At 30 September 2014

27,735

NET BOOK VALUE

At 30 September 2014

14,600

At 30 September 2013

16,275

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

2

Ordinary shares

£1

2

2