M & J Investment Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07881771 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

M & J INVESTMENT SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M M Jones

Mrs J M Jones

SECRETARY:

REGISTERED OFFICE:

9 -13 High Street

Wells

Somerset

BA5 3AA

REGISTERED NUMBER:

07881771 (England and Wales)

ACCOUNTANTS:

Simmons Accountants Limited

Chartered Certified Accountants

9-13 High Street

Wells

Somerset

BA5 2AA

CURRENT ASSETS

Debtors

18,489

13,468

Cash at bank

6,248

2,083

24,737

15,551

CREDITORS

Amounts falling due within one year

21,437

15,728

NET CURRENT ASSETS/(LIABILITIES)

3,300

(177

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,300

(177

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

3,200

(277

)

SHAREHOLDERS' FUNDS

3,300

(177

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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 28 August 2015 and were signed on its behalf by:

M M Jones - Director

Mrs J M Jones - 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 services, excluding value added tax.

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

40

Ordinary

1

60

60

60

Ordinary B

1

40

40

100

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2014 and

30 November 2013:

2014

2013

£

£

M M Jones

Balance outstanding at start of year

13,468

(519

)

Amounts advanced

54,505

48,616

Amounts repaid

(49,484

)

(34,629

)

Balance outstanding at end of year

18,489

13,468

Mrs J M Jones

Balance outstanding at start of year

(13

)

9,674

Amounts advanced

30,329

33,436

Amounts repaid

(34,117

)

(43,123

)

Balance outstanding at end of year

(3,801

)

(13

)