Abbreviated Company Accounts - JOHN WILLIAMS GROUP HOLDINGS LIMITED

Abbreviated Company Accounts - JOHN WILLIAMS GROUP HOLDINGS LIMITED

JOHN WILLIAMS GROUP HOLDINGS LIMITED - Company Information

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Registered Number 04074542

JOHN WILLIAMS GROUP HOLDINGS LIMITED

Abbreviated Accounts

31 December 2014

JOHN WILLIAMS GROUP HOLDINGS LIMITED Registered Number 04074542

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 1 1
Tangible assets 3 959,539 970,353
Investments 4 2 2
959,542 970,356
Current assets
Debtors 30,208 -
Cash at bank and in hand 17,176 11,421
47,384 11,421
Creditors: amounts falling due within one year (334,666) (278,129)
Net current assets (liabilities) (287,282) (266,708)
Total assets less current liabilities 672,260 703,648
Creditors: amounts falling due after more than one year (213,290) (276,189)
Total net assets (liabilities) 458,970 427,459
Capital and reserves
Called up share capital 840 840
Revaluation reserve 244,878 244,878
Other reserves 360 360
Profit and loss account 212,892 181,381
Shareholders' funds 458,970 427,459
  • For the year ending 31 December 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 29 September 2015

And signed on their behalf by:
David Wyn Williams, Director
John Michael Williams, Director

JOHN WILLIAMS GROUP HOLDINGS LIMITED Registered Number 04074542

Notes to the Abbreviated Accounts for the period ended 31 December 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 represents amounts chargeable, net of VAT, in respect of the sale of goofs and services to customers.

Tangible assets depreciation policy
Depreciation is provided at the following rates in order to write off the assets over their estimated useful lives.
Land and Buildings at 1% straight line.

2Intangible fixed assets
£
Cost
At 1 January 2014 204,129
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 204,129
Amortisation
At 1 January 2014 204,128
Charge for the year -
On disposals -
At 31 December 2014 204,128
Net book values
At 31 December 2014 1
At 31 December 2013 1
3Tangible fixed assets
£
Cost
At 1 January 2014 1,081,432
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 1,081,432
Depreciation
At 1 January 2014 111,079
Charge for the year 10,814
On disposals -
At 31 December 2014 121,893
Net book values
At 31 December 2014 959,539
At 31 December 2013 970,353

4Fixed assets Investments
The company's investment at the balance sheet date represents 100% of the ordinary share capital of Bangor Glass and Glazing Limited, a dormant company.