Abbreviated Company Accounts - MCJOSEPH & SONS (DP) LTD.

MCJOSEPH & SONS (DP) LTD. - Company Information

Registered Number 04597559

MCJOSEPH & SONS (DP) LTD.

Abbreviated Accounts

30 April 2015

MCJOSEPH & SONS (DP) LTD. Registered Number 04597559

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	49,110	49,110
Tangible assets	3	53,102	47,719
		102,212	96,829
Current assets
Stocks		8,000	8,000
Debtors		138,394	138,394
Cash at bank and in hand		22,599	7,733
		168,993	154,127
Creditors: amounts falling due within one year		(82,017)	(61,853)
Net current assets (liabilities)		86,976	92,274
Total assets less current liabilities		189,188	189,103
Creditors: amounts falling due after more than one year		(10,973)	(24,693)
Total net assets (liabilities)		178,215	164,410
Capital and reserves
Called up share capital		4	4
Profit and loss account		178,211	164,406
Shareholders' funds		178,215	164,410

For the year ending 30 April 2015 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 7 September 2015

And signed on their behalf by:
S Ravi, Director

MCJOSEPH & SONS (DP) LTD. Registered Number 04597559

Notes to the Abbreviated Accounts for the period ended 30 April 2015

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 January 2015.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant & Machinery - 25% Written Down Value
Fixtures, fittings & Equipment - 25% Written Down Value
Motor Vehicles - 25% Written Down Value

Other accounting policies
Leasing: Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Stock: is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 May 2014	49,110
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	49,110
Amortisation
At 1 May 2014	-
Charge for the year	-
On disposals	-
At 30 April 2015	-
Net book values
At 30 April 2015	49,110
At 30 April 2014	49,110

3Tangible fixed assets

	£
Cost
At 1 May 2014	360,161
Additions	20,483
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	380,644
Depreciation
At 1 May 2014	312,442
Charge for the year	15,100
On disposals	-
At 30 April 2015	327,542
Net book values
At 30 April 2015	53,102
At 30 April 2014	47,719