S J Gardens Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04668630 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2014

for

S J Gardens Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S J Gard

SECRETARY:

Braywood Ltd

REGISTERED OFFICE:

35 Station Approach

West Byfleet

Surrey

KT14 6NF

REGISTERED NUMBER:

04668630 (England and Wales)

ACCOUNTANTS:

Braywood Ltd

35 Station Approach

West Byfleet

Surrey

KT14 6NF

FIXED ASSETS

Tangible assets

2

27,117

31,454

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

56,083

65,188

Cash at bank and in hand

66,410

120,227

124,493

187,415

CREDITORS

Amounts falling due within one year

120,123

143,051

NET CURRENT ASSETS

4,370

44,364

TOTAL ASSETS LESS CURRENT LIABILITIES

31,487

75,818

PROVISIONS FOR LIABILITIES

4,943

5,555

NET ASSETS

26,544

70,263

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

26,444

70,163

SHAREHOLDERS' FUNDS

26,544

70,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 1 October 2014 and were signed by:

S J Gard - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The director expects that trading over the next twelve months will generate positive cash flows and has therefore

continued to adopt the going concern basis of preparing these financial statements.

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Stocks

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

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

85,169

Additions

6,305

Disposals

(3,750

)

At 28 February 2014

87,724

DEPRECIATION

At 1 March 2013

53,715

Charge for year

8,612

Eliminated on disposal

(1,720

)

At 28 February 2014

60,607

NET BOOK VALUE

At 28 February 2014

27,117

At 28 February 2013

31,454

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

100

Ordinary

£1

100

100