Abbreviated Company Accounts - JULIE JOHNSTON & ASSOCIATES LTD.

Abbreviated Company Accounts - JULIE JOHNSTON & ASSOCIATES LTD.

JULIE JOHNSTON & ASSOCIATES LTD. - Company Information

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Registered Number 05081657

JULIE JOHNSTON & ASSOCIATES LTD.

Abbreviated Accounts

31 March 2016

JULIE JOHNSTON & ASSOCIATES LTD. Registered Number 05081657

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,826 1,540
1,826 1,540
Current assets
Debtors 4,977 4,268
Cash at bank and in hand 7,224 4,287
12,201 8,555
Creditors: amounts falling due within one year (13,681) (9,175)
Net current assets (liabilities) (1,480) (620)
Total assets less current liabilities 346 920
Provisions for liabilities (308) (308)
Total net assets (liabilities) 38 612
Capital and reserves
Called up share capital 1 1
Profit and loss account 37 611
Shareholders' funds 38 612
  • For the year ending 31 March 2016 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 15 December 2016

And signed on their behalf by:
Miss Julie Johnston, Director

JULIE JOHNSTON & ASSOCIATES LTD. Registered Number 05081657

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 of sales made during the year and erives from hte provision of goods and services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided for as follows:
Fixtures, Fittings & Equipment - 25% Reducing Balance
Computer Equipment - 25% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 April 2015 6,886
Additions 899
Disposals -
Revaluations -
Transfers -
At 31 March 2016 7,785
Depreciation
At 1 April 2015 5,346
Charge for the year 613
On disposals -
At 31 March 2016 5,959
Net book values
At 31 March 2016 1,826
At 31 March 2015 1,540