Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
trueJ J Site Services LimitedSC3309662015-12-3136547346547410014654741300595474-54474120129118530120075119004757646663136004850407114752364906490Basis of accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
EquipmentMethod for Equipment0.00009730973324032497309733240324Ordinary10011001Ordinary110011002016-02-11Mr J Currietruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureJ J Site Services Limited2015-01-012015-12-31J J Site Services Limited2014-01-012014-12-31J J Site Services Limited2013-12-31J J Site Services Limited2014-12-31J J Site Services Limited2014-12-31J J Site Services Limited2015-12-31 2016-05-05
