T & M Johnson Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08719932 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2016

for

T & M Johnson Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T Johnson

M S Johnson

REGISTERED OFFICE:

Darby Lane

Hindley

Wigan

WN2 3DW

REGISTERED NUMBER:

08719932 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46-48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Tangible assets

2

1,755

1,725

CURRENT ASSETS

Debtors

2,275

-

Cash at bank and in hand

13,858

13,546

16,133

13,546

CREDITORS

Amounts falling due within one year

17,735

12,366

NET CURRENT (LIABILITIES)/ASSETS

(1,602

)

1,180

TOTAL ASSETS LESS CURRENT
LIABILITIES

153

2,905

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

53

2,805

SHAREHOLDERS' FUNDS

153

2,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 9 August 2016 and were signed on its behalf by:

M S Johnson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

2,237

Additions

500

At 31 March 2016

2,737

DEPRECIATION

At 1 April 2015

512

Charge for year

470

At 31 March 2016

982

NET BOOK VALUE

At 31 March 2016

1,755

At 31 March 2015

1,725

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

1

100