J ALLEN INSTALLATIONS LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 04534172 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

J ALLEN INSTALLATIONS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J ALLEN

SECRETARY:

MRS S ALLEN

REGISTERED OFFICE:

75 MAIN ROAD

GIDEA PARK

ROMFORD

RM2 5EL

REGISTERED NUMBER:

04534172 (England and Wales)

ACCOUNTANTS:

JARVIS & CO BUSINESS SERVICES LIMITED

CHARTERED ACCOUNTANTS

75 MAIN ROAD

GIDEA PARK

ROMFORD

RM2 5EL

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

7,073

9,207

7,073

9,207

CURRENT ASSETS

Debtors

14,772

21,905

Cash at bank

1,998

3,670

16,770

25,575

CREDITORS

Amounts falling due within one year

15,192

18,529

NET CURRENT ASSETS

1,578

7,046

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,651

16,253

CREDITORS

Amounts falling due after more than one
year

7,656

10,449

NET ASSETS

995

5,804

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

895

5,704

SHAREHOLDERS' FUNDS

995

5,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 21 June 2016 and were signed by:

J ALLEN - 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 work done,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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

30,000

AMORTISATION

At 1 October 2014

and 30 September 2015

30,000

NET BOOK VALUE

At 30 September 2015

-

At 30 September 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

15,011

Additions

225

At 30 September 2015

15,236

DEPRECIATION

At 1 October 2014

5,804

Charge for year

2,359

At 30 September 2015

8,163

NET BOOK VALUE

At 30 September 2015

7,073

At 30 September 2014

9,207

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

100

Ordinary

£1

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2015 and

30 September 2014:

30.9.15

30.9.14

£

J ALLEN

Balance outstanding at start of year

17,566

13,736

Amounts advanced

22,160

26,605

Amounts repaid

(27,755

)

(22,775

)

Balance outstanding at end of year

11,971

17,566

Interest has been charged on the above balance at a rate of 3.25% p.a.