Abbreviated Company Accounts - J. MEADUS CONTRACT FLOORING LIMITED

J. MEADUS CONTRACT FLOORING LIMITED - Company Information

08025442 J. MEADUS CONTRACT FLOORING LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08025442 2015-04-01 2016-03-31 08025442 2016-03-31 08025442 2015-03-31 08025442 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08025442 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08025442

J. MEADUS CONTRACT FLOORING LIMITED

Abbreviated Accounts

31 March 2016

J. MEADUS CONTRACT FLOORING LIMITED Registered Number 08025442

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	935	1,970
		935	1,970
Current assets
Stocks		200	200
Debtors		7,482	6,106
Cash at bank and in hand		281	588
		7,963	6,894
Creditors: amounts falling due within one year		(5,730)	(8,652)
Net current assets (liabilities)		2,233	(1,758)
Total assets less current liabilities		3,168	212
Creditors: amounts falling due after more than one year		(2,809)	0
Total net assets (liabilities)		359	212
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		259	112
Shareholders' funds		359	212

For the year ending 31 March 2016 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 5 October 2016

And signed on their behalf by:
J Meadus, Director

J. MEADUS CONTRACT FLOORING LIMITED Registered Number 08025442

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the financial reporting standard for small entities.

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
-motor 25% straight line
-Computer equipment 33% reducing balance
-Plant & machinery 20% reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 April 2015	4,529
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	4,529
Depreciation
At 1 April 2015	2,559
Charge for the year	1,035
On disposals	-
At 31 March 2016	3,594
Net book values
At 31 March 2016	935
At 31 March 2015	1,970

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100