JMJ Developments Lincs Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06456143 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

JMJ DEVELOPMENTS LINCS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M J Coleman

J Coleman

SECRETARY:

M J Coleman

REGISTERED OFFICE:

25 Pinfold Lane

Stallingborough

N E Lincolnshire

DN41 8AB

REGISTERED NUMBER:

06456143 (England and Wales)

ACCOUNTANTS:

D Flynn Associates Limited

Chartered Certified Accountants

and Registered Auditors

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

CURRENT ASSETS

139,559

Stocks

139,559

100

Debtors

-

21

Cash at bank

-

139,680

139,559

CREDITORS

76,672

Amounts falling due within one year

153,218

63,008

NET CURRENT (LIABILITIES)/ASSETS

(13,659

)

63,008

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,659

)

CREDITORS

77,051

Amounts falling due after more than one year

-

(14,043

)

NET LIABILITIES

(13,659

)

CAPITAL AND RESERVES

100

Called up share capital

2

100

(14,143

)

Profit and loss account

(13,759

)

(14,043

)

SHAREHOLDERS' FUNDS

(13,659

)

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 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 September 2014 and were signed on its behalf by:

J Coleman - 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Other creditors includes an amount of £51,781 (2012 - £50,860) owed to Coleman Build Limited a company in

which the director Mr J Coleman has an interest.

Other creditors includes an amount of £25,824 (2012 - £25,512) owed to Coleman Plastering Limited a company

in which the directors have an interest in.

Other creditors includes an amount of £75,301 owed to the directors. Interest is not charged on this amount.