J T Scott & Sons (Brondesbury) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00251151 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

J T SCOTT & SONS (BRONDESBURY) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A Kearney

D J Kearney

SECRETARY:

Mrs A Kearney

REGISTERED OFFICE:

Sandall House

230 High Street

Herne Bay

Kent

CT6 5AX

REGISTERED NUMBER:

00251151 (England and Wales)

ACCOUNTANTS:

H & E Johnson

Chartered Accountants

Sandall House

230 High Street

Herne Bay

Kent

CT6 5AX

FIXED ASSETS

Tangible assets

2

-

-

Investment property

3

148,132

148,132

148,132

148,132

CURRENT ASSETS

Cash at bank

2,536

1,866

CREDITORS

Amounts falling due within one year

53,045

58,599

NET CURRENT LIABILITIES

(50,509

)

(56,733

)

TOTAL ASSETS LESS CURRENT LIABILITIES

97,623

91,399

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

96,623

90,399

SHAREHOLDERS' FUNDS

97,623

91,399

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 26 August 2015 and were signed on its behalf by:

D J Kearney - Director

Mrs A Kearney - 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 rents receivable.

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 etc

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve. No depreciation is provided which represents a departure

from the requirement of the Companies Act 2006. The director considers that, because the property is not held

for consumption, to depreciate it would not give a true and fair view. If this departure had not been made the

profit for the financial year would have been reduced by depreciation. The amount of depreciation cannot be

reasonably quantified because it is only one of many factors reflected in the annual valuation.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

5,044

DEPRECIATION

At 1 April 2014

and 31 March 2015

5,044

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2014

and 31 March 2015

148,132

NET BOOK VALUE

At 31 March 2015

148,132

At 31 March 2014

148,132

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1

1,000

1,000