John Merison (BMC) Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03401473 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

John Merison (Building Maintenance

Contractors) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTOR:

J Merison

SECRETARY:

Mrs JC Merison

REGISTERED OFFICE:

2a Thornborough Road

Coalville

Leicestershire

LE67 3TH

REGISTERED NUMBER:

03401473 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Tangible assets

2

161,629

129,619

CURRENT ASSETS

Stocks

44,200

88,439

Debtors

181,701

321,721

Cash at bank and in hand

60,829

220,320

286,730

630,480

CREDITORS

Amounts falling due within one year

113,341

159,733

NET CURRENT ASSETS

173,389

470,747

TOTAL ASSETS LESS CURRENT LIABILITIES

335,018

600,366

PROVISIONS FOR LIABILITIES

4,206

5,954

NET ASSETS

330,812

594,412

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

330,712

594,312

SHAREHOLDERS' FUNDS

330,812

594,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 12 September 2014 and were signed by:

J Merison - 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 amounts receivable for goods and services net of vat and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost and 25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

309,373

Additions

44,546

At 31 December 2013

353,919

DEPRECIATION

At 1 January 2013

179,754

Charge for year

12,536

At 31 December 2013

192,290

NET BOOK VALUE

At 31 December 2013

161,629

At 31 December 2012

129,619

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of John Merison (Building Maintenance Contractors) Limited for the year ended 31 December 2013 which

comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of John Merison (Building Maintenance Contractors) Limited in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of John

Merison (Building Maintenance Contractors) Limited and state those matters that we have agreed to state to the director of

John Merison (Building Maintenance Contractors) Limited in this report in accordance with the requirements of the

Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work

or for this report.

It is your duty to ensure that John Merison (Building Maintenance Contractors) Limited has kept adequate accounting

records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position

and loss of John Merison (Building Maintenance Contractors) Limited. You consider that John Merison (Building

Maintenance Contractors) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of John Merison (Building

Maintenance Contractors) Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

12 September 2014