Abbreviated Company Accounts - JET PUMPS UK LTD

03464040 JET PUMPS UK LTD 2013-12-31 false 2013-01-01 2013-12-31 true 03464040 2013-01-01 2013-12-31 03464040 2013-12-31 03464040 2012-12-31 03464040 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 03464040 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 03464040

JET PUMPS UK LTD

Abbreviated Accounts

31 December 2013

JET PUMPS UK LTD Registered Number 03464040

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	10,698	15,917
Investments	3	-	1,466
		10,698	17,383
Current assets
Debtors		56,794	60,154
Cash at bank and in hand		4,696	13,062
		61,490	73,216
Creditors: amounts falling due within one year		(55,936)	(57,678)
Net current assets (liabilities)		5,554	15,538
Total assets less current liabilities		16,252	32,921
Provisions for liabilities		(1,930)	(2,928)
Total net assets (liabilities)		14,322	29,993
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		14,320	29,991
Shareholders' funds		14,322	29,993

For the year ending 31 December 2013 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 September 2014

And signed on their behalf by:
D J Woollard, Director

JET PUMPS UK LTD Registered Number 03464040

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Fixtures and fittings 25% reducing balance
Plant and machinery 20% straight line

Other accounting policies
Deferred tax
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE.
Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 January 2013	29,310
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	29,310
Depreciation
At 1 January 2013	13,393
Charge for the year	5,219
On disposals	-
At 31 December 2013	18,612
Net book values
At 31 December 2013	10,698
At 31 December 2012	15,917

3Fixed assets Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2