John Threlfall Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05008770 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

JOHN THRELFALL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Threlfall

Mrs J Threlfall

SECRETARY:

Mrs J Threlfall

REGISTERED OFFICE:

4 The Crescent

Adel

Leeds

LS16 6AA

REGISTERED NUMBER:

05008770 (England and Wales)

ACCOUNTANTS:

D & J Randles

Chartered Accountants

4 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

FIXED ASSETS

Tangible assets

2

3,086

4,116

CURRENT ASSETS

Stocks

2,555

2,481

Debtors

13,717

4,647

Cash at bank

7,611

-

23,883

7,128

CREDITORS

Amounts falling due within one year

26,582

10,703

NET CURRENT LIABILITIES

(2,699

)

(3,575

)

TOTAL ASSETS LESS CURRENT LIABILITIES

387

541

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

385

539

SHAREHOLDERS' FUNDS

387

541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 16 March 2016 and were signed on its behalf by:

J Threlfall - 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

9,251

DEPRECIATION

At 1 January 2015

5,135

Charge for year

1,030

At 31 December 2015

6,165

NET BOOK VALUE

At 31 December 2015

3,086

At 31 December 2014

4,116

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31 December 2014:

31.12.15

31.12.14

£

£

J Threlfall

Balance outstanding at start of year

1,535

3,465

Amounts repaid

(9,317

)

(1,930

)

Balance outstanding at end of year

(7,782

)

1,535