JRJ (Scotland) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: SC463914 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

JRJ (Scotland) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J H Feeney

R F Feeney

REGISTERED OFFICE:

Offices of Armstrongs

Vistoria Chambers

142 West Nile Street

Glasgow

G1 2RQ

REGISTERED NUMBER:

SC463914 (Scotland)

ACCOUNTANTS:

Armstrongs

Chartered Accountants

Victoria Chambers

142 West Nile St.

Glasgow

G1 2RQ

BANKERS:

Lloyds TSB

Merry Street

Motherwell

Lanarkshire

FIXED ASSETS

Tangible assets

2

19,698

3,690

CURRENT ASSETS

Stocks

8,750

10,879

Debtors

3,809

15,889

Cash at bank

6,449

40,091

19,008

66,859

CREDITORS

Amounts falling due within one year

12,648

54,426

NET CURRENT ASSETS

6,360

12,433

TOTAL ASSETS LESS CURRENT
LIABILITIES

26,058

16,123

CREDITORS

Amounts falling due after more than one year

(21,430

)

-

PROVISIONS FOR LIABILITIES

(909

)

(738

)

NET ASSETS

3,719

15,385

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

3,619

15,285

SHAREHOLDERS' FUNDS

3,719

15,385

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 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 24 August 2016 and were signed on its behalf by:

J H Feeney - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Where there is a contract which is only partially completed at the balance sheet date turnover represents the value

of service provided to date based on a proportion of the total contract value.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 arises as a result of including items of income and expenditure in taxation computations in periods

different from periods in which they are included in the company's accounts. Deferred tax is provided in full on

timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates

that are expected to apply when the timing differences reverse, based on current tax rates and laws.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

4,471

Additions

19,009

Disposals

(2,750

)

At 30 November 2015

20,730

DEPRECIATION

At 1 December 2014

781

Charge for year

601

Eliminated on disposal

(350

)

At 30 November 2015

1,032

NET BOOK VALUE

At 30 November 2015

19,698

At 30 November 2014

3,690

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

100

Ordinary

1.00

100