| A J C BUILDING SERVICES LIMITED |
|
| Report to the directors on the preparation of the unaudited abbreviated accounts of A J C BUILDING SERVICES LIMITED for the year ended 30 November 2014 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of A J C BUILDING SERVICES LIMITED for the year ended 30 November 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Fergus & Fergus |
| Chartered Certified Accountants |
| 24 Oswald Road |
| Chorlton-cum-Hardy |
| Manchester |
| Lancashire |
| M21 9LP |
|
| 14 August 2015 |
|
| A J C BUILDING SERVICES LIMITED |
| Registered number: |
02177706 |
| Abbreviated Balance Sheet |
| as at 30 November 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
559,723 |
|
|
572,206 |
|
| Current assets |
| Debtors |
|
|
106 |
|
|
6,069 |
| Cash at bank and in hand |
|
|
293 |
|
|
1,267 |
|
|
|
399 |
|
|
7,336 |
|
| Creditors: amounts falling due within one year |
|
|
(49,160) |
|
|
(53,193) |
|
| Net current liabilities |
|
|
|
(48,761) |
|
|
(45,857) |
|
| Total assets less current liabilities |
|
|
|
510,962 |
|
|
526,349 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(412,170) |
|
|
(412,150) |
|
|
|
| Net assets |
|
|
|
98,792 |
|
|
114,199 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
300 |
|
|
300 |
| Revaluation reserve |
|
|
|
131,011 |
|
|
131,011 |
| Capital redemption reserve |
|
|
|
700 |
|
|
700 |
| Profit and loss account |
|
|
|
(33,219) |
|
|
(17,812) |
|
| Shareholders' funds |
|
|
|
98,792 |
|
|
114,199 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mrs C B Ginty |
| Director |
| Approved by the board on 14 August 2015 |
|
| A J C BUILDING SERVICES LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2014 |
|
|
| 1 |
Accounting policies |
|
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Freehold land and buildings |
2% per annum straight line bais |
|
|
|
|
Properties |
2014 |
|
2013 |
| £ |
£ |
|
|
|
Valuation |
572,206 |
|
572,206 |
|
Cost |
490,728 |
|
490,728 |
|
|
|
|
The properties have been valued at open market value by the directors. The increase in valuation has been transferred to the revaluation reserve. The accounting policy adopted complies with Accounting Standards but is a departure from the Companies Act 2006 necessay to give a true and fair view. |
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2013 |
649,401 |
|
At 30 November 2014 |
649,401 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2013 |
77,195 |
|
Charge for the year |
12,483 |
|
At 30 November 2014 |
89,678 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2014 |
559,723 |
|
At 30 November 2013 |
572,206 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Loans |
2014 |
|
2013 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
412,170 |
|
412,150 |
|
Secured bank loans |
412,170 |
|
412,150 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
300 |
|
300 |
|
300 |
|
|
|
|
|
|
|
|
|
