Accounts filed on 31-08-2014
Accounts filed on 31-08-2014
trueJimmy Anderson Limited069838242014-08-312307691698052307701698061123077016980623077016980679294524433782542534117119949777626015260408597971715147611736301151476117362Basis of accounting
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 is recognised consistently with the right to receive consideration in exchange for the performance of supplying services.
Investments
All invesments are valued at historical cost.Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
EquipmentStraight Line0.33005287528752875286115147611736257752-2363815676312264957752-23638528752861Ordinary1000110001000Ordinary1111At the year end, the company owed J M Anderson £12,667 (2013: £16,369). The maximum overdrawn position in the year was £16,369 (2013: £20,872). The loan is interest free with no fixed date for repayment.
ControlControl
The company was under the control of J M Anderson by virtue of his 100% shareholding throughout the year.2015-05-28J M Andersontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureJimmy Anderson Limited2013-09-012014-08-31Jimmy Anderson Limited2012-09-012013-08-31Jimmy Anderson Limited2012-08-31Jimmy Anderson Limited2013-08-31Jimmy Anderson Limited2013-08-31Jimmy Anderson Limited2014-08-31 2015-05-28
