Abbreviated Company Accounts - JTM LTD

Abbreviated Company Accounts - JTM LTD

JTM LTD - Company Information

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Registered Number 02869521

JTM LTD

Abbreviated Accounts

30 November 2014

JTM LTD Registered Number 02869521

Abbreviated Balance Sheet as at 30 November 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 34,898 25,210
34,898 25,210
Current assets
Stocks 6,880 38,740
Debtors 60,974 28,138
Cash at bank and in hand 75,064 24,250
142,918 91,128
Creditors: amounts falling due within one year (62,679) (43,312)
Net current assets (liabilities) 80,239 47,816
Total assets less current liabilities 115,137 73,026
Total net assets (liabilities) 115,137 73,026
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 114,137 72,026
Shareholders' funds 115,137 73,026
  • For the year ending 30 November 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 31 January 2015

And signed on their behalf by:
john mills, Director

JTM LTD Registered Number 02869521

Notes to the Abbreviated Accounts for the period ended 30 November 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 is represented by the value of goods and services provided to third parties exclusive of value added tax

Tangible assets depreciation policy
all fixed assets are depreciated at the rate of 25% per annum on a reducing balance basis

2Tangible fixed assets
£
Cost
At 1 December 2013 159,868
Additions 23,705
Disposals (7,537)
Revaluations -
Transfers -
At 30 November 2014 176,036
Depreciation
At 1 December 2013 134,658
Charge for the year 11,633
On disposals (5,153)
At 30 November 2014 141,138
Net book values
At 30 November 2014 34,898
At 30 November 2013 25,210