J & S Milhofer Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01625523 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 November 2012 to 31 March 2014

for

J & S Milhofer Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Cherrington

REGISTERED OFFICE:

Unit 12

8 Haviland Road

Ferndown Industrial Estate

Wimborne

Dorset

BH21 7RF

REGISTERED NUMBER:

01625523 (England and Wales)

ACCOUNTANTS:

Finnigan & Co

37 Lower Brook Street

Ipswich

Suffolk

IP4 1AQ

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

433

3,800

Investments

4

31,454

31,356

31,887

35,156

CURRENT ASSETS

Stocks

90,114

76,941

Debtors

85,248

78,860

Cash at bank and in hand

11,559

16,823

186,921

172,624

CREDITORS

Amounts falling due within one year

73,905

56,035

NET CURRENT ASSETS

113,016

116,589

TOTAL ASSETS LESS CURRENT LIABILITIES

144,903

151,745

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

144,803

151,645

SHAREHOLDERS' FUNDS

144,903

151,745

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 18 August 2014 and were signed by:

C Cherrington - 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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2012

and 31 March 2014

14,300

AMORTISATION

At 1 November 2012

and 31 March 2014

14,300

NET BOOK VALUE

At 31 March 2014

-

At 31 October 2012

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2012

and 31 March 2014

75,231

DEPRECIATION

At 1 November 2012

71,431

Charge for period

3,367

At 31 March 2014

74,798

NET BOOK VALUE

At 31 March 2014

433

At 31 October 2012

3,800

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 November 2012

31,356

Additions

98

At 31 March 2014

31,454

NET BOOK VALUE

At 31 March 2014

31,454

At 31 October 2012

31,356

The company's investments at the balance sheet date in the share capital of companies include the following:

Cirrus Systems Limited

Nature of business: sale and distribution of coating removal

%

Class of shares:

holding

Ordinary

100.00

31.3.14

31.3.13

£

£

Aggregate capital and reserves

39,209

11,316

Profit for the year

27,893

5,247

Bee Frampton Limited

Nature of business: Wholesale caravan and camping equipment

%

Class of shares:

holding

Ordinary

98.00

28.2.14

£

Aggregate capital and reserves

(39,148

)

Loss for the year

(7,415

)

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.10.12

value:

£

£

100

Ordinary

£1

100

100