Declan James Commercial Property Managem - Abbreviated accounts 16.3

REGISTERED NUMBER: 07652294 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

DECLAN JAMES COMMERCIAL PROPERTY

MANAGEMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D L Holdbrook

S Umpleby

SECRETARY:

S Umpleby

REGISTERED OFFICE:

144 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2PW

REGISTERED NUMBER:

07652294 (England and Wales)

ACCOUNTANTS:

Accountancy Summit Limited

Chartered Accountants

144 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2PW

FIXED ASSETS

Tangible assets

2

6,466

6,860

CURRENT ASSETS

Debtors

91,180

66,332

Cash at bank and in hand

29,090

1,336

120,270

67,668

CREDITORS

Amounts falling due within one year

115,568

63,421

NET CURRENT ASSETS

4,702

4,247

TOTAL ASSETS LESS CURRENT LIABILITIES

11,168

11,107

CREDITORS

Amounts falling due after more than one year

(390

)

(1,674

)

PROVISIONS FOR LIABILITIES

(1,039

)

(1,061

)

NET ASSETS

9,739

8,372

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

9,639

8,272

SHAREHOLDERS' FUNDS

9,739

8,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 19 January 2017 and were signed on its behalf by:

S Umpleby - Director

D L Holdbrook - 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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

7,980

Additions

1,769

At 30 April 2016

9,749

DEPRECIATION

At 1 May 2015

1,120

Charge for year

2,163

At 30 April 2016

3,283

NET BOOK VALUE

At 30 April 2016

6,466

At 30 April 2015

6,860

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/16

30/4/15

value:

£

£

100

Ordinary

£1

100

100