V.J. Collett Limited - Limited company - abbreviated - 11.9
V.J. Collett Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31st August 2015 |
| for |
| V.J. COLLETT LIMITED |
| V.J. COLLETT LIMITED (REGISTERED NUMBER: 01020641) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31st August 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| V.J. COLLETT LIMITED |
| Company Information |
| for the Year Ended 31st August 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| V.J. COLLETT LIMITED (REGISTERED NUMBER: 01020641) |
| Abbreviated Balance Sheet |
| 31st August 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 3 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| V.J. COLLETT LIMITED (REGISTERED NUMBER: 01020641) |
| Abbreviated Balance Sheet - continued |
| 31st August 2015 |
| The financial statements were approved by the Board of Directors on by: |
| V.J. COLLETT LIMITED (REGISTERED NUMBER: 01020641) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31st August 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| Turnover represents the value of goods and services supplied to customers during the year, net of Value Added |
| Tax and Trade discounts. |
| Tangible fixed assets |
| Freehold property | - |
| Improvements to property | - |
| Plant and machinery | - |
| Cost is defined as the purchase cost less any residual value. |
| Depreciation is charged from the month of acquisition at the above rates. |
| The net book values of the assets are regularly reviewed by the directors and further adjustments to carrying |
| values are made where considered appropriate. |
| 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 taxation is recognised in respect of all significant timing differences between the treatment of certain |
| items for taxation and accounting purposes which have arisen but not reversed by the balance sheet date. Full |
| provision is made without discounting for all significant deferred tax liabilities. Significant deferred tax assets |
| are recognised to the extent that it is more likely than not that they will be recovered against taxable profits. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| V.J. COLLETT LIMITED (REGISTERED NUMBER: 01020641) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31st August 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1st September 2014 |
| Additions |
| Disposals | ( |
) |
| At 31st August 2015 |
| DEPRECIATION |
| At 1st September 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st August 2015 |
| NET BOOK VALUE |
| At 31st August 2015 |
| At 31st August 2014 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 4,002 | 4,002 |
| On the 25th March 2013 the 4002 Ordinary shares were reclassified to 3512 Ordinary A and 490 Ordinary B |
| shares. |