Abbreviated Company Accounts - K.R. JONSSON LIMITED

Abbreviated Company Accounts - K.R. JONSSON LIMITED


Registered Number 04708118

K.R. JONSSON LIMITED

Abbreviated Accounts

31 March 2014

K.R. JONSSON LIMITED Registered Number 04708118

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 20,476 26,215
20,476 26,215
Current assets
Stocks 4,200 4,552
Debtors 19,312 9,458
Cash at bank and in hand 26,316 21,709
49,828 35,719
Creditors: amounts falling due within one year (29,606) (20,076)
Net current assets (liabilities) 20,222 15,643
Total assets less current liabilities 40,698 41,858
Creditors: amounts falling due after more than one year (6,481) (20,354)
Provisions for liabilities (5,768) (5,768)
Total net assets (liabilities) 28,449 15,736
Capital and reserves
Called up share capital 100 100
Profit and loss account 28,349 15,636
Shareholders' funds 28,449 15,736
  • For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 October 2014

And signed on their behalf by:
Mr K R Jonsson, Director

K.R. JONSSON LIMITED Registered Number 04708118

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
25% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 April 2013 51,039
Additions 11,746
Disposals (15,795)
Revaluations -
Transfers -
At 31 March 2014 46,990
Depreciation
At 1 April 2013 24,824
Charge for the year 8,600
On disposals (6,910)
At 31 March 2014 26,514
Net book values
At 31 March 2014 20,476
At 31 March 2013 26,215