Jonathan Sneath Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04873615 (England and Wales)

JONATHAN SNEATH LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J H Sneath

REGISTERED OFFICE:

Commerce House

18 West Street

Bourne

Lincolnshire

PE10 9NE

REGISTERED NUMBER:

04873615 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe

Chartered Certified Accountants

Commerce House

18 West Street

Bourne

Lincolnshire

PE10 9NE

FIXED ASSETS

Tangible assets

2

2,440

3,000

CURRENT ASSETS

Debtors

-

500

Cash at bank

63,937

55,130

63,937

55,630

CREDITORS

Amounts falling due within one year

14,072

14,327

NET CURRENT ASSETS

49,865

41,303

TOTAL ASSETS LESS CURRENT LIABILITIES

52,305

44,303

PROVISIONS FOR LIABILITIES

488

600

NET ASSETS

51,817

43,703

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

51,717

43,603

SHAREHOLDERS' FUNDS

51,817

43,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 20 December 2015 and were signed by:

J H Sneath - 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 services, 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

13,555

Additions

199

At 31 March 2015

13,754

DEPRECIATION

At 1 April 2014

10,555

Charge for year

759

At 31 March 2015

11,314

NET BOOK VALUE

At 31 March 2015

2,440

At 31 March 2014

3,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is £2,334 (2013 - £2,975) owing to J H Sneath, the director.