Abbreviated Company Accounts - J&M SONNENFELD & SON LTD

J&M SONNENFELD & SON LTD - Company Information

Registered Number 07866203

J&M SONNENFELD & SON LTD

Abbreviated Accounts

28 November 2015

J&M SONNENFELD & SON LTD Registered Number 07866203

Abbreviated Balance Sheet as at 28 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	68,000	93,500
Tangible assets	3	21,243	28,323
		89,243	121,823
Current assets
Stocks		56,800	66,500
Cash at bank and in hand		15,705	4,712
		72,505	71,212
Creditors: amounts falling due within one year		(152,393)	(143,644)
Net current assets (liabilities)		(79,888)	(72,432)
Total assets less current liabilities		9,355	49,391
Total net assets (liabilities)		9,355	49,391
Capital and reserves
Called up share capital		100	100
Profit and loss account		9,255	49,291
Shareholders' funds		9,355	49,391

For the year ending 28 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.

Approved by the Board on 28 September 2016

And signed on their behalf by:
Jacob Sonnenfeld, Director

J&M SONNENFELD & SON LTD Registered Number 07866203

Notes to the Abbreviated Accounts for the period ended 28 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Fixtures, fittings & equipment on 20% Reducing balance

Other accounting policies
Goodwill

Acquire goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 30 November 2014	170,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 November 2015	170,000
Amortisation
At 30 November 2014	76,500
Charge for the year	25,500
On disposals	-
At 28 November 2015	102,000
Net book values
At 28 November 2015	68,000
At 29 November 2014	93,500

3Tangible fixed assets

	£
Cost
At 30 November 2014	53,802
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 November 2015	53,802
Depreciation
At 30 November 2014	25,479
Charge for the year	7,080
On disposals	-
At 28 November 2015	32,559
Net book values
At 28 November 2015	21,243
At 29 November 2014	28,323