Greatwood Jenkins Ltd - Abbreviated accounts

Registered number

07117510

Greatwood Jenkins Ltd

Abbreviated Accounts

31 January 2016

Greatwood Jenkins Ltd
Registered number:		07117510
Abbreviated Balance Sheet
as at 31 January 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		-			-
			-			-

Current assets
Debtors		125			117
Cash at bank and in hand		19,357			18,965
		19,482			19,082

Creditors: amounts falling due within one year		(14,974)			(16,039)

Net current assets			4,508			3,043

Total assets less current liabilities			4,508			3,043

Provisions for liabilities			-			(26)

Net assets			4,508			3,017

Capital and reserves
Called up share capital	3		4			4
Profit and loss account			4,504			3,013

Shareholders' funds			4,508			3,017

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Shaun Greatwood
Director
Approved by the board on 28 July 2016

Greatwood Jenkins Ltd
Notes to the Abbreviated Accounts
for the year ended 31 January 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2	Tangible fixed assets					£

	Cost
	At 1 February 2015					5,260
	Additions					-
	Disposals					-
	At 31 January 2016					5,260

	Depreciation
	At 1 February 2015					5,260
	Charge for the year					-
	On disposals					-
	At 31 January 2016					5,260

	Net book value
	At 31 January 2016					-
	At 31 January 2015					-


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		4		4		4
						4		4