J_&_E_PAGE_(MERTHYR)_LIMI - Accounts

J. & E. PAGE (MERTHYR) LIMITED - Company Information

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J & E PAGE (MERTHYR) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 AUGUST 2014

Company Registration No. 750055 (England and Wales)

J & E PAGE (MERTHYR) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

J & E PAGE (MERTHYR) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 AUGUST 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

32,433

5,201

Current assets

Stocks

77,739

78,032

Debtors

802,427

866,010

Cash at bank and in hand

63,446

28,936

943,612

972,978

Creditors: amounts falling due within one year

(191,931)

(235,352)

Net current assets

751,681

737,626

Total assets less current liabilities

784,114

742,827

Capital and reserves

Called up share capital

6,000

Profit and loss account

778,114

736,827

Shareholders' funds

784,114

742,827

For the financial year ended 29 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the 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 accounts, so far as applicable to the company.

These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board for issue on 29 May 2015

F Naef

Director

Company Registration No. 750055

J & E PAGE (MERTHYR) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 AUGUST 2014

- 2 -

Accounting policies

1.1

Accounting convention

The accounts of the company are prepared on a 52 or 53 week basis, generally to the Friday nearest 31 August.

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

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

Fixtures, fittings & equipment

20% per annum on cost

Motor vehicles

25% per annum on cost

1.4

Stock

Stock is valued at the lower of cost and net realisable value.

1.5

Pensions

The company contributes to personal pension schemes for the benefit of the directors and eligible employees. The company's liability is limited to the premiums actually paid which are charged to the profit and loss account in the period of payment.

Fixed assets

Tangible assets

Cost

At 31 August 2013

77,946

Additions

39,666

Disposals

(27,918)

At 29 August 2014

89,694

Depreciation

At 31 August 2013

72,745

On disposals

(27,916)

Charge for the year

12,432

At 29 August 2014

57,261

Net book value

At 29 August 2014

32,433

At 30 August 2013

5,201

J & E PAGE (MERTHYR) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 29 AUGUST 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

6,000 Ordinary shares of £1 each

6,000

Ultimate parent company

The parent company and controlling party is J and E Page Limited. The ultimate parent company is Gorgona Holdings AG, a company incorporated in Switzerland. The shares in Gorgona Holdings AG are bearer shares.