Abbreviated Company Accounts - JAMES M ANDERSON LIMITED

JAMES M ANDERSON LIMITED - Company Information

SC328920 JAMES M ANDERSON LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true SC328920 2013-10-01 2014-09-30 SC328920 2014-09-30 SC328920 2013-09-30 SC328920 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 SC328920 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number SC328920

JAMES M ANDERSON LIMITED

Abbreviated Accounts

30 September 2014

JAMES M ANDERSON LIMITED Registered Number SC328920

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	298,000	298,000
Tangible assets	3	37,989	47,485
		335,989	345,485
Current assets
Stocks		276,281	265,977
Debtors		199,260	215,007
Cash at bank and in hand		52,442	2,125
		527,983	483,109
Creditors: amounts falling due within one year		(315,980)	(288,528)
Net current assets (liabilities)		212,003	194,581
Total assets less current liabilities		547,992	540,066
Creditors: amounts falling due after more than one year		(323,680)	(356,742)
Provisions for liabilities		(8,246)	(8,245)
Total net assets (liabilities)		216,066	175,079
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		216,064	175,077
Shareholders' funds		216,066	175,079

For the year ending 30 September 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 30 April 2015

And signed on their behalf by:
B Kampman, Director

JAMES M ANDERSON LIMITED Registered Number SC328920

Notes to the Abbreviated Accounts for the period ended 30 September 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plany and machinery 25% reducing balance

Intangible assets amortisation policy
Goodwill is the amount paid in connection with the acquisition of the business in 2008.

Valuation information and policy
Stock

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Intangible fixed assets

	£
Cost
At 1 October 2013	298,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	298,000
Amortisation
At 1 October 2013	-
Charge for the year	-
On disposals	-
At 30 September 2014	-
Net book values
At 30 September 2014	298,000
At 30 September 2013	298,000

3Tangible fixed assets

	£
Cost
At 1 October 2013	96,957
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	96,957
Depreciation
At 1 October 2013	49,472
Charge for the year	9,496
On disposals	-
At 30 September 2014	58,968
Net book values
At 30 September 2014	37,989
At 30 September 2013	47,485

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2