Abbreviated Company Accounts - JACOBS & HUNT ESTATE AGENTS LIMITED

JACOBS & HUNT ESTATE AGENTS LIMITED - Company Information

05157876 JACOBS & HUNT ESTATE AGENTS LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 05157876 2014-05-01 2015-04-30 05157876 2015-04-30 05157876 2014-04-30 05157876 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 05157876 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 05157876

JACOBS & HUNT ESTATE AGENTS LIMITED

Abbreviated Accounts

30 April 2015

JACOBS & HUNT ESTATE AGENTS LIMITED Registered Number 05157876

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	17,540	19,489
Tangible assets	3	10,262	10,060
		27,802	29,549
Current assets
Debtors		9,203	6,351
Cash at bank and in hand		54,287	11,805
		63,490	18,156
Creditors: amounts falling due within one year		(14,357)	(8,665)
Net current assets (liabilities)		49,133	9,491
Total assets less current liabilities		76,935	39,040
Total net assets (liabilities)		76,935	39,040
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		76,835	38,940
Shareholders' funds		76,935	39,040

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 16 October 2015

And signed on their behalf by:
Mr C J Brockhurst, Director
Mr J H Dodds, Director

JACOBS & HUNT ESTATE AGENTS LIMITED Registered Number 05157876

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 April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Furniture and Equipment - 20% reducing balance method
Computer Equipment - 25% reducing balance method

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 5% straight line method

2Intangible fixed assets

	£
Cost
At 1 May 2014	38,979
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	38,979
Amortisation
At 1 May 2014	19,490
Charge for the year	1,949
On disposals	-
At 30 April 2015	21,439
Net book values
At 30 April 2015	17,540
At 30 April 2014	19,489

3Tangible fixed assets

	£
Cost
At 1 May 2014	19,903
Additions	1,588
Disposals	(678)
Revaluations	-
Transfers	-
At 30 April 2015	20,813
Depreciation
At 1 May 2014	9,843
Charge for the year	1,319
On disposals	(611)
At 30 April 2015	10,551
Net book values
At 30 April 2015	10,262
At 30 April 2014	10,060

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100