JULIVANDA_LIMITED - Accounts

JULIVANDA LIMITED - Company Information

Print Friendly Version

Company Registration No. 01413477 (England and Wales)

JULIVANDA LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

JULIVANDA LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

JULIVANDA LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

535,385

449,079

Investments

(4,100)

4,100

Current assets

Debtors

134,860

4,932

Cash at bank and in hand

121,007

247,671

255,867

252,603

Creditors: amounts falling due within one year

(7,721)

(24,132)

Net current assets

248,146

228,471

Total assets less current liabilities

779,431

681,650

Creditors: amounts falling due after more than one year

(21,697)

757,734

681,650

Capital and reserves

Called up share capital

412

Share premium account

3,690

Revaluation reserve

281,845

230,345

Profit and loss account

471,787

447,203

Shareholders' funds

757,734

681,650

JULIVANDA LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2014

- 2 -

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 30 September 2015

Mr C V Huggins

Director

Company Registration No. 01413477

JULIVANDA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

33% Straight line

Motor vehicles

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

JULIVANDA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 4 -

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2014

450,409

Additions

42,425

Revaluation

51,500

Disposals

(10,100)

At 31 December 2014

534,234

Depreciation

At 1 January 2014

1,330

Charge for the year

1,619

At 31 December 2014

2,949

Net book value

At 31 December 2014

531,285

At 31 December 2013

453,179

Share capital

2014

2013

Allotted, called up and fully paid

412 Ordinary of £1 each

412

Transactions with directors

There is interest due of £10,684(on a loan from a director, now repaid) calculated annually at 6% (interest from 01/01/2002 4%) from 11th November 1993 to 19th April 2005 which has not been provided in the accounts.