J.B.H._PLUMBING_&_HEATING - Accounts

J.B.H. PLUMBING & HEATING LIMITED - Company Information

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Company Registration No. 7871504 (England and Wales)

J.B.H. PLUMBING & HEATING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

J.B.H. PLUMBING & HEATING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

J.B.H. PLUMBING & HEATING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

5,007

6,676

Current assets

Debtors

17,455

8,119

Cash at bank and in hand

2,399

1,799

19,854

9,918

Creditors: amounts falling due within one year

(19,970)

(15,253)

Net current liabilities

(116)

(5,335)

Total assets less current liabilities

4,891

1,341

Provisions for liabilities

(1,001)

(1,335)

3,890

Capital and reserves

Called up share capital

Profit and loss account

3,889

Shareholders' funds

3,890

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 May 2015

Mr J B Harvey

Director

Company Registration No. 7871504

J.B.H. PLUMBING & HEATING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

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

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

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

1.4

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:

Motor vehicles

25% Reducing Balance

1.5

Revenue recognition

Turnover is recognised over the period the service is provided to the customer.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 January 2014 & at 31 December 2014

11,868

Depreciation

At 1 January 2014

5,192

Charge for the year

1,669

At 31 December 2014

6,861

Net book value

At 31 December 2014

5,007

At 31 December 2013

6,676

J.B.H. PLUMBING & HEATING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

1 Ordinary share of £1 each