3j Wholesale Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07204074 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

3J WHOLESALE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M M Coburn

SECRETARY:

M M Coburn

REGISTERED OFFICE:

Second Floor, Kestrel House

Falconry Court

Bakers Lane

Epping

Essex

CM16 5BD

REGISTERED NUMBER:

07204074 (England and Wales)

FIXED ASSETS

Tangible assets

2

11,775

15,700

CURRENT ASSETS

Stocks

2,993

4,788

Debtors

21,887

81,159

24,880

85,947

CREDITORS

Amounts falling due within one year

28,482

90,054

NET CURRENT LIABILITIES

(3,602

)

(4,107

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,173

11,593

CREDITORS

Amounts falling due after more than one year

(4,186

)

(9,768

)

PROVISIONS FOR LIABILITIES

(836

)

(404

)

NET ASSETS

3,151

1,421

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

3,141

1,411

SHAREHOLDERS' FUNDS

3,151

1,421

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 26 January 2016 and were signed by:

M M Coburn - 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 goods, 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.

Motor vehicles

-

25% on reducing balance

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 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

and 31 March 2015

16,745

DEPRECIATION

At 1 April 2014

1,045

Charge for year

3,925

At 31 March 2015

4,970

NET BOOK VALUE

At 31 March 2015

11,775

At 31 March 2014

15,700

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

2015

2014

£

£

M M Coburn

Balance outstanding at start of year

-

-

Amounts advanced

18,819

-

Amounts repaid

-

-

Balance outstanding at end of year

18,819

-