Jonathon Morgan Design Associates - Abbreviated accounts 16.1

REGISTERED NUMBER: 06883222 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Jonathon Morgan Design

Associates Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

J E J Morgan

Mrs J E Morgan

S Tyas

REGISTERED OFFICE:

2 The Holmes

Skipwith

Selby

North Yorkshire

YO8 5SL

REGISTERED NUMBER:

06883222 (England and Wales)

ACCOUNTANTS:

Baker Fox Limited

Chartered Accountants

Owl Cotes Barn

Low Lane

Cowling

Keighley

West Yorkshire

BD22 0LE

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) 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 Jonathon Morgan Design Associates Limited for the year ended 30 April 2016 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Jonathon Morgan Design Associates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jonathon Morgan Design Associates Limited and state those matters that we have agreed to state to the Board of Directors of Jonathon Morgan Design Associates Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Jonathon Morgan Design Associates 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 profit of Jonathon Morgan Design Associates Limited. You consider that Jonathon Morgan Design Associates 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 Jonathon Morgan Design Associates 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.

Baker Fox Limited

Chartered Accountants

Owl Cotes Barn

Low Lane

Cowling

Keighley

West Yorkshire

BD22 0LE

14 May 2016

FIXED ASSETS

Tangible assets

2

9,472

8,857

CURRENT ASSETS

Stocks

33,000

Debtors

231,205

109,732

Cash at bank

141,759

271,329

405,964

414,061

CREDITORS

Amounts falling due within one year

121,336

108,468

NET CURRENT ASSETS

284,628

305,593

TOTAL ASSETS LESS CURRENT
LIABILITIES

294,100

314,450

PROVISIONS FOR LIABILITIES

1,894

1,771

NET ASSETS

292,206

312,679

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

292,106

312,579

SHAREHOLDERS' FUNDS

292,206

312,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 14 May 2016 and were signed on its behalf by:

J E J Morgan - 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 January 2015).

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 etc

-

33% on cost and 20% on reducing balance

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.

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.

Leasing contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the

lessor are charged to the profit and loss account as incurred.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

32,776

Additions

3,780

At 30 April 2016

36,556

DEPRECIATION

At 1 May 2015

23,919

Charge for year

3,165

At 30 April 2016

27,084

NET BOOK VALUE

At 30 April 2016

9,472

At 30 April 2015

8,857

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

188

A Ordinary

50p

93

12

B Ordinary

50p

7

100

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is JEJ Morgan and Mrs JE Morgan by virtue of their holdings in the shares of the

company.

5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Included within creditors due within one year are amounts due to the directors of £52,269 (2013: £62,712).