T J Graham Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05364955 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

T J Graham Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs J K Graham

T R Graham

SECRETARY:

REGISTERED OFFICE:

Old Library House

4 Dean Park Crescent

Bournemouth

Dorset

BH1 1LY

REGISTERED NUMBER:

05364955 (England and Wales)

ACCOUNTANTS:

Marie Braine & Co

Chartered Certified Accountants

Old Library House

4 Dean Park Crescent

Bournemouth

Dorset

BH1 1LY

FIXED ASSETS

Intangible assets

2

4,060

6,090

Tangible assets

3

972

1,212

5,032

7,302

CURRENT ASSETS

Stocks

1,650

1,220

Debtors

3,623

5,568

Cash at bank

392

700

5,665

7,488

CREDITORS

Amounts falling due within one year

9,308

11,264

NET CURRENT LIABILITIES

(3,643

)

(3,776

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,389

3,526

CREDITORS

Amounts falling due after more than one
year

1,281

3,420

NET ASSETS

108

106

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

8

6

SHAREHOLDERS' FUNDS

108

106

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 5 December 2016 and were signed on its behalf
by:

Mrs J K Graham - Director

T R Graham - 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, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

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 15% 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.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

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 April 2015

and 31 March 2016

20,300

AMORTISATION

At 1 April 2015

14,210

Amortisation for year

2,030

At 31 March 2016

16,240

NET BOOK VALUE

At 31 March 2016

4,060

At 31 March 2015

6,090

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

6,290

DEPRECIATION

At 1 April 2015

5,078

Charge for year

240

At 31 March 2016

5,318

NET BOOK VALUE

At 31 March 2016

972

At 31 March 2015

1,212

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

Mrs J K Graham

Balance outstanding at start of year

2,784

5,055

Amounts advanced

1,812

2,784

Amounts repaid

(2,784

)

(5,055

)

Balance outstanding at end of year

1,812

2,784

T R Graham

Balance outstanding at start of year

2,784

-

Amounts advanced

1,812

2,784

Amounts repaid

(2,784

)

-

Balance outstanding at end of year

1,812

2,784