JB Landscape & Property Maintenance Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09099197 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

JB LANDSCAPE & PROPERTY MAINTENANCE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Bartholomew

S J Bartholomew

REGISTERED OFFICE:

940/1 Popjak Road

Kent Science Park

Sittingbourne

Kent

ME9 8HL

REGISTERED NUMBER:

09099197 (England and Wales)

ACCOUNTANTS:

Williams Giles Limited

Chartered Accountants

12 Conqueror Court

Sittingbourne

Kent

ME10 5BH

FIXED ASSETS

Intangible assets

2

141,206

184,654

Tangible assets

3

70,420

44,852

211,626

229,506

CURRENT ASSETS

Stocks

2,500

500

Debtors

65,243

47,651

Cash at bank and in hand

-

15,283

67,743

63,434

CREDITORS

Amounts falling due within one year

226,553

291,618

NET CURRENT LIABILITIES

(158,810

)

(228,184

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

52,816

1,322

CREDITORS

Amounts falling due after more than one year

17,757

-

NET ASSETS

35,059

1,322

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

34,959

1,222

SHAREHOLDERS' FUNDS

35,059

1,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 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 2 November 2016 and were signed on its behalf by:

M Bartholomew - 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 January 2015).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

217,240

AMORTISATION

At 1 August 2015

32,586

Amortisation for year

43,448

At 31 July 2016

76,034

NET BOOK VALUE

At 31 July 2016

141,206

At 31 July 2015

184,654

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

52,708

Additions

44,021

Disposals

(995

)

At 31 July 2016

95,734

DEPRECIATION

At 1 August 2015

7,856

Charge for year

17,606

Eliminated on disposal

(148

)

At 31 July 2016

25,314

NET BOOK VALUE

At 31 July 2016

70,420

At 31 July 2015

44,852

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100