J B S Developers Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03011643 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

J B S Developers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J E N Parker

Mrs B J Parker

Mrs S M Parker

SECRETARY:

Mrs B J Parker

REGISTERED OFFICE:

5 Old Mill Close

Langford

Biggleswade

Bedfordshire

SG18 9QY

REGISTERED NUMBER:

03011643 (England and Wales)

ACCOUNTANTS:

George Hay Partnership LLP

Chartered Accountants

Brigham House

High Street

Biggleswade

Bedfordshire

SG18 0LD

FIXED ASSETS

Tangible assets

2

39

77

CURRENT ASSETS

Stocks

500

500

Debtors

290,343

286,922

Cash at bank

30,470

25,484

321,313

312,906

CREDITORS

Amounts falling due within one year

253,953

241,813

NET CURRENT ASSETS

67,360

71,093

TOTAL ASSETS LESS CURRENT LIABILITIES

67,399

71,170

CAPITAL AND RESERVES

Called up share capital

3

6

6

Profit and loss account

67,393

71,164

SHAREHOLDERS' FUNDS

67,399

71,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 February 2016 and were signed on its behalf by:

J E N Parker - 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.

Plant and machinery etc

-

25% on cost and 20% on cost

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 December 2014

and 30 November 2015

16,096

DEPRECIATION

At 1 December 2014

16,019

Charge for year

38

At 30 November 2015

16,057

NET BOOK VALUE

At 30 November 2015

39

At 30 November 2014

77

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

6

Ordinary

£1

6

6