Abbreviated Company Accounts - HAROLD R JOHNS LIMITED

Abbreviated Company Accounts - HAROLD R JOHNS LIMITED


Registered Number 05319529

HAROLD R JOHNS LIMITED

Abbreviated Accounts

31 March 2015

HAROLD R JOHNS LIMITED Registered Number 05319529

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 100,000 100,000
Tangible assets 3 56,363 36,789
156,363 136,789
Current assets
Stocks 1,048,488 867,000
Debtors 307,730 227,133
Cash at bank and in hand 700 700
1,356,918 1,094,833
Creditors: amounts falling due within one year (1,252,608) (990,961)
Net current assets (liabilities) 104,310 103,872
Total assets less current liabilities 260,673 240,661
Total net assets (liabilities) 260,673 240,661
Capital and reserves
Called up share capital 4 1,000 1,000
Profit and loss account 259,673 239,661
Shareholders' funds 260,673 240,661
  • For the year ending 31 March 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 23 December 2015

And signed on their behalf by:
H R Johns, Director

HAROLD R JOHNS LIMITED Registered Number 05319529

Notes to the Abbreviated Accounts for the period ended 31 March 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
Turnover represents the total invoice, excluding VAT, of sales made during the year.

Tangible assets depreciation policy
Equipment 25% WDV
Motor vehicles 25% WDV

2Intangible fixed assets
£
Cost
At 1 April 2014 100,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 100,000
Amortisation
At 1 April 2014 -
Charge for the year -
On disposals -
At 31 March 2015 -
Net book values
At 31 March 2015 100,000
At 31 March 2014 100,000
3Tangible fixed assets
£
Cost
At 1 April 2014 254,158
Additions 26,024
Disposals -
Revaluations -
Transfers -
At 31 March 2015 280,182
Depreciation
At 1 April 2014 217,369
Charge for the year 6,450
On disposals -
At 31 March 2015 223,819
Net book values
At 31 March 2015 56,363
At 31 March 2014 36,789
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1,000 Ordinary shares of £1 each 1,000 1,000