Abbreviated Company Accounts - J & S LTD

03683204 J & S LTD 2013-12-31 false 2013-01-01 2013-12-31 true 03683204 2013-01-01 2013-12-31 03683204 2013-12-31 03683204 2012-12-31 03683204 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 03683204 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 03683204

J & S LTD

Abbreviated Accounts

31 December 2013

J & S LTD Registered Number 03683204

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	711	948
Investments		-	-
		711	948
Current assets
Stocks		59,904	55,688
Debtors		12,298	12,238
Investments		-	-
Cash at bank and in hand		42,650	-
		114,852	67,926
Creditors: amounts falling due within one year		(200,204)	(125,955)
Net current assets (liabilities)		(85,352)	(58,029)
Total assets less current liabilities		(84,641)	(57,081)
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		(84,641)	(57,081)
Capital and reserves
Called up share capital	3	100	100
Share premium account		0	0
Revaluation reserve		0	0
Profit and loss account		(84,741)	(57,181)
Shareholders' funds		(84,641)	(57,081)

For the year ending 31 December 2013 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 17 October 2014

And signed on their behalf by:
F Barakat, Director

J & S LTD Registered Number 03683204

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each assetover its expected useful life as follows;
Motor vehicles- 25% Reducing balance.

2Tangible fixed assets

	£
Cost
At 1 January 2013	15,136
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	15,136
Depreciation
At 1 January 2013	14,188
Charge for the year	237
On disposals	-
At 31 December 2013	14,425
Net book values
At 31 December 2013	711
At 31 December 2012	948

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100