Abbreviated Company Accounts - WALLACE JONES (STAPLEFORD) LIMITED

WALLACE JONES (STAPLEFORD) LIMITED - Company Information

06868787 WALLACE JONES (STAPLEFORD) LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 06868787 2014-05-01 2015-04-30 06868787 2015-04-30 06868787 2014-04-30 06868787 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 06868787 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 06868787

WALLACE JONES (STAPLEFORD) LIMITED

Abbreviated Accounts

30 April 2015

WALLACE JONES (STAPLEFORD) LIMITED Registered Number 06868787

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	19,200	9,600
Tangible assets	3	14,095	20,242
		33,295	29,842
Current assets
Debtors		39,456	4,567
Cash at bank and in hand		17,458	57,738
		56,914	62,305
Creditors: amounts falling due within one year		(71,089)	(63,860)
Net current assets (liabilities)		(14,175)	(1,555)
Total assets less current liabilities		19,120	28,287
Total net assets (liabilities)		19,120	28,287
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		19,020	28,187
Shareholders' funds		19,120	28,287

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 29 July 2015

And signed on their behalf by:
R W Jones, Director

WALLACE JONES (STAPLEFORD) LIMITED Registered Number 06868787

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
Turnover represents the total invoice value, excluding value added tax, of charges made for work done during the year and derives from the provision of services falling within the company's ordinary activities.

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

Fixtures, fittings
and equipment - 25% straight line
Motor vehicles - 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.

Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2Intangible fixed assets

	£
Cost
At 1 May 2014	140,000
Additions	17,000
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	157,000
Amortisation
At 1 May 2014	130,400
Charge for the year	7,400
On disposals	-
At 30 April 2015	137,800
Net book values
At 30 April 2015	19,200
At 30 April 2014	9,600

3Tangible fixed assets

	£
Cost
At 1 May 2014	37,319
Additions	2,754
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	40,073
Depreciation
At 1 May 2014	17,077
Charge for the year	8,901
On disposals	-
At 30 April 2015	25,978
Net book values
At 30 April 2015	14,095
At 30 April 2014	20,242

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

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