JPG_BUILDING_&_GROUNDWORK - Accounts

JPG BUILDING & GROUNDWORKS LTD - Company Information

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Company Registration No. 07583843 (England and Wales)

JPG BUILDING & GROUNDWORKS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

JPG BUILDING & GROUNDWORKS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

JPG BUILDING & GROUNDWORKS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

8,000

8,400

Tangible assets

374,030

264,201

382,030

272,601

Current assets

Stocks

16,989

28,227

Debtors

242,935

56,762

Cash at bank and in hand

77,319

207,517

337,243

292,506

Creditors: amounts falling due within one year

(217,063)

(209,661)

Net current assets

120,180

82,845

Total assets less current liabilities

502,210

355,446

Provisions for liabilities

(56,901)

(52,840)

445,309

302,606

Capital and reserves

Called up share capital

Profit and loss account

445,308

302,605

Shareholder's funds

445,309

302,606

JPG BUILDING & GROUNDWORKS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2016

- 2 -

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 12 December 2016

Mr James Gammons

Director

Company Registration No. 07583843

JPG BUILDING & GROUNDWORKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% on reducing balance

Fixtures, fittings & equipment

25% on reducing balance

Motor vehicles

25% on reducing balance

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2015

10,000

359,201

369,201

Additions

182,183

Disposals

(307)

At 31 March 2016

10,000

541,077

551,077

Depreciation

At 1 April 2015

1,600

95,000

96,600

Charge for the year

400

72,047

72,447

At 31 March 2016

2,000

167,047

169,047

Net book value

At 31 March 2016

8,000

374,030

382,030

At 31 March 2015

8,400

264,201

272,601

JPG BUILDING & GROUNDWORKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary Shares of £1 each