JCD Interiors Limited - Period Ending 2015-12-31

Registration number: 08800483

JCD Interiors Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

KJW Accountancy
1492 Pershore Road
Stirchley
Birmingham
B30 2NT

JCD Interiors Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

JCD Interiors Limited
(Registration number: 08800483 )
Abbreviated Balance Sheet at 31 December 2015

		Note			31 December 2015 £			31 December 2014 £
Fixed assets
Intangible fixed assets					10,000			20,000
Tangible fixed assets					3,062			2,676
					13,062			22,676
Current assets
Debtors					17,304			32,327
Cash at bank and in hand					19,377			8,673
					36,681			41,000
Creditors: Amounts falling due within one year					(24,202)			(30,675)
Net current assets					12,479			10,325
Total assets less current liabilities					25,541			33,001
Creditors: Amounts falling due after more than one year					(11,515)			(4,873)
Net assets					14,026			28,128
Capital and reserves
Called up share capital		3			120			120
Profit and loss account					13,906			28,008
Shareholders' funds					14,026			28,128

For the year ending 31 December 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.

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 1

JCD Interiors Limited
(Registration number: 08800483 )
Abbreviated Balance Sheet at 31 December 2015
......... continued

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 4 April 2016 and signed on its behalf by:

.........................................
Mr David Woodcock
Director

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 2

JCD Interiors Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 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 January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the provision of services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	evenly over three years

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% straight line

Page 3

JCD Interiors Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 January 2015		30,000			3,568			33,568
Additions		-			1,705			1,705
At 31 December 2015		30,000			5,273			35,273
Depreciation
At 1 January 2015		10,000			892			10,892
Charge for the year		10,000			1,319			11,319
At 31 December 2015		20,000			2,211			22,211
Net book value
At 31 December 2015		10,000			3,062			13,062
At 31 December 2014		20,000			2,676			22,676

3	Share capital

Allotted, called up and fully paid shares

	31 December 2015						31 December 2014
		No.			£			No.			£
Ordinary of £1 each		120			120			120			120

Page 4