Jordans Transport Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04552524 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Jordans Transport Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr J A Jordan

Mrs J Jordan

SECRETARY:

Mrs J Jordan

REGISTERED OFFICE:

2 Clifton Moor Business Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

REGISTERED NUMBER:

04552524 (England and Wales)

ACCOUNTANTS:

Beckingtons

2 Clifton Moor Business

Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

16,724

11,688

16,724

11,688

CURRENT ASSETS

Stocks

1,475

1,440

Debtors

7,384

5,932

Cash at bank and in hand

11,719

9,442

20,578

16,814

CREDITORS

Amounts falling due within one year

26,705

25,868

NET CURRENT LIABILITIES

(6,127

)

(9,054

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,597

2,634

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

10,595

2,632

SHAREHOLDERS' FUNDS

10,597

2,634

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 July 2015 and were signed on its behalf by:

Mr J A Jordan - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

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

moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

25,000

AMORTISATION

At 1 April 2014

and 31 March 2015

25,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

44,356

Additions

10,039

At 31 March 2015

54,395

DEPRECIATION

At 1 April 2014

32,668

Charge for year

5,003

At 31 March 2015

37,671

NET BOOK VALUE

At 31 March 2015

16,724

At 31 March 2014

11,688

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

2

Ordinary

£1

2

2