Abbreviated Company Accounts - J & M SHAW (GARFORTH) LIMITED

Abbreviated Company Accounts - J & M SHAW (GARFORTH) LIMITED

J & M SHAW (GARFORTH) LIMITED - Company Information

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Registered Number 04025201

J & M SHAW (GARFORTH) LIMITED

Abbreviated Accounts

5 April 2016

J & M SHAW (GARFORTH) LIMITED Registered Number 04025201

Abbreviated Balance Sheet as at 5 April 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 1,750 2,000
Tangible assets 3 375 558
2,125 2,558
Current assets
Debtors 10,132 14,697
Cash at bank and in hand 13,191 1,787
23,323 16,484
Creditors: amounts falling due within one year (9,902) (9,135)
Net current assets (liabilities) 13,421 7,349
Total assets less current liabilities 15,546 9,907
Total net assets (liabilities) 15,546 9,907
Capital and reserves
Called up share capital 100 100
Profit and loss account 15,446 9,807
Shareholders' funds 15,546 9,907
  • For the year ending 5 April 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 20 April 2016

And signed on their behalf by:
M Shaw, Director

J & M SHAW (GARFORTH) LIMITED Registered Number 04025201

Notes to the Abbreviated Accounts for the period ended 5 April 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 consists of invoiced sales excluding VAT.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives - plant and machinery 25%pa reducing balance.

Intangible assets amortisation policy
Amortisation has been provided at the following rate in order to write off goodwill over its estimated useful life - 10% pa on cost.

2Intangible fixed assets
£
Cost
At 6 April 2015 2,500
Additions -
Disposals -
Revaluations -
Transfers -
At 5 April 2016 2,500
Amortisation
At 6 April 2015 500
Charge for the year 250
On disposals -
At 5 April 2016 750
Net book values
At 5 April 2016 1,750
At 5 April 2015 2,000
3Tangible fixed assets
£
Cost
At 6 April 2015 4,290
Additions -
Disposals -
Revaluations -
Transfers -
At 5 April 2016 4,290
Depreciation
At 6 April 2015 3,732
Charge for the year 183
On disposals -
At 5 April 2016 3,915
Net book values
At 5 April 2016 375
At 5 April 2015 558