G & J Investments Limited - Period Ending 2015-11-30

Registration number: 04951625

G & J Investments Limited
 
  Unaudited Abbreviated Accounts
 
  for the Year Ended 30 November 2015
 

Wilds Ltd
Chartered Accountants
Lancaster House
70-76 Blackburn Street
Radcliffe
Manchester
M26 2JW

G & J Investments Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 4

G & J Investments Limited
(Registration number: 04951625)
Abbreviated Balance Sheet at 30 November 2015

		Note			2015 £			2014 £
Fixed assets
Investments		2			241,205			241,205
Current assets
Cash at bank and in hand					5,547			396
Creditors: Amounts falling due within one year					(161,658)			(172,567)
Net current liabilities					(156,111)			(172,171)
Net assets					85,094			69,034
Capital and reserves
Called up share capital		3			1,050			1,050
Profit and loss account					84,044			67,984
Shareholders' funds					85,094			69,034

For the year ending 30 November 2015 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Approved by the Board on 17 March 2016 and signed on its behalf by:

......................................... Mr C Farrand Director ......................................... Mr R Holt Director

......................................... Mr J A K Matterson Director

The notes on pages 2 to 4 form an integral part of these financial statements.
Page 1

G & J Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The directors consider that the use of the going concern basis of accounting is appropriate because there are no material uncertainties relating to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Fixed asset investments

Fixed asset investments are included in the financial statements at the lower of cost and net realisable value. Any amounts written off fixed asset investments are taken to the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

G & J Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

2	Fixed assets

		Investments £			Total £
Cost
At 1 December 2014		241,205			241,205
At 30 November 2015		241,205			241,205
Depreciation
At 30 November 2015		-			-
Net book value
At 30 November 2015		241,205			241,205
At 30 November 2014		241,205			241,205

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Griffiths and Johnson Limited		Ordinary shares	100%	manufacture of precise engineering components
G & J Logistics Limited		Ordinary shares	100%	manufacture of precise engineering components and powder coating services

The profit for the financial period of Griffiths and Johnson Limited was £25,695 and the aggregate amount of capital and reserves at the end of the period was £156,111.

The profit for the financial period of G & J Logistics Limited was £21,197 and the aggregate amount of capital and reserves at the end of the period was £65,880.

Page 3

G & J Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary share of £1 each		1,050			1,050			1,050			1,050

Page 4