JPG_BUILDING_&_GROUNDWORK - Accounts

JPG BUILDING & GROUNDWORKS LTD - Company Information

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Company Registration No. 07583843 (England and Wales)

JPG BUILDING & GROUNDWORKS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

JPG BUILDING & GROUNDWORKS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

JPG BUILDING & GROUNDWORKS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

8,400

8,800

Tangible assets

264,201

180,144

272,601

188,944

Current assets

Stocks

28,227

19,652

Debtors

56,760

66,144

Cash at bank and in hand

207,517

82,294

292,504

168,090

Creditors: amounts falling due within one year

(209,661)

(201,911)

Net current assets/(liabilities)

82,843

(33,821)

Total assets less current liabilities

355,444

155,123

Provisions for liabilities

(52,840)

(31,012)

302,604

124,111

Capital and reserves

Called up share capital

Profit and loss account

302,603

124,110

Shareholders' funds

302,604

124,111

JPG BUILDING & GROUNDWORKS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2015

- 2 -

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 8 December 2015

Mr James Gammons

Director

Company Registration No. 07583843

JPG BUILDING & GROUNDWORKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

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

Plant and machinery

15% on reducing balance

Fixtures, fittings & equipment

25% on reducing balance

Motor vehicles

25% on reducing balance

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2014

10,000

238,291

248,291

Additions

187,470

Disposals

(66,560)

At 31 March 2015

10,000

359,201

369,201

Depreciation

At 1 April 2014

1,200

58,147

59,347

On disposals

(12,048)

Charge for the year

400

48,901

49,301

At 31 March 2015

1,600

95,000

96,600

Net book value

At 31 March 2015

8,400

264,201

272,601

At 31 March 2014

8,800

180,144

188,944

JPG BUILDING & GROUNDWORKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 4 -

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary Shares of £1 each