Abbreviated Company Accounts - J. SCHEMBRI & CO LTD

Abbreviated Company Accounts - J. SCHEMBRI & CO LTD


Registered Number 04767293

J. SCHEMBRI & CO LTD

Abbreviated Accounts

30 June 2015

J. SCHEMBRI & CO LTD Registered Number 04767293

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 30,000 30,000
Tangible assets 3 194 259
30,194 30,259
Current assets
Debtors - 545
Cash at bank and in hand 5,467 23,100
5,467 23,645
Creditors: amounts falling due within one year (6,878) (12,050)
Net current assets (liabilities) (1,411) 11,595
Total assets less current liabilities 28,783 41,854
Creditors: amounts falling due after more than one year (816) (5,060)
Total net assets (liabilities) 27,967 36,794
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 27,965 36,792
Shareholders' funds 27,967 36,794
  • For the year ending 30 June 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 25 September 2015

And signed on their behalf by:
Mr Joseph Schembri, Director

J. SCHEMBRI & CO LTD Registered Number 04767293

Notes to the Abbreviated Accounts for the period ended 30 June 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2Intangible fixed assets
£
Cost
At 1 July 2014 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 30,000
Amortisation
At 1 July 2014 0
Charge for the year -
On disposals -
At 30 June 2015 0
Net book values
At 30 June 2015 30,000
At 30 June 2014 30,000
3Tangible fixed assets
£
Cost
At 1 July 2014 2,271
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 2,271
Depreciation
At 1 July 2014 2,012
Charge for the year 65
On disposals -
At 30 June 2015 2,077
Net book values
At 30 June 2015 194
At 30 June 2014 259
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
2 Ordinary shares of £1 each 2 2