JUNIPER MANTON LIMITED,Ltd - Accounts

JUNIPER MANTON LIMITED,Ltd - Accounts

JUNIPER MANTON LIMITED - Company Information

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2015-06-01 true false Private Limited Company 06254838 2016-05-31 06254838 2015-06-01 2016-05-31 06254838 2015-05-31 06254838 2014-06-01 2015-05-31 06254838 uk-bus:Director1 2015-06-01 2016-05-31 06254838 uk-gaap:WithinOneYear 2016-05-31 06254838 uk-gaap:WithinOneYear 2015-05-31 06254838 uk-gaap:AfterOneYear 2016-05-31 06254838 uk-gaap:AfterOneYear 2015-05-31 06254838 uk-bus:OrdinaryShareClass1 2016-05-31 iso4217:GBP
JUNIPER MANTON LIMITED
For the year ended 31 May 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06254838
2
Abbreviated Balance Sheet
JUNIPER MANTON LIMITED
As at 31 May 2016
06254838
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Intangible assets
2
24,423
29,423
Tangible assets
3
338,887
346,636
363,310
376,059
Current assets
Stocks
7,896
7,500
Debtors
1,457
22,237
Cash at bank and in hand
12,184
12,818
41,921
22,171
Creditors: amounts falling due within one year
4
(143,234)
(122,186)
(121,063)
(80,265)
Net current liabilities
Total assets less current liabilities
283,045
254,996
Creditors: amounts falling due after more than one year
5
(295,057)
(285,055)
(2,010)
Net liabilities
(40,061)
Capital and reserves
Called up share capital
100
6
100
Profit and loss account
(2,110)
(40,161)
(2,010)
(40,061)
Shareholders funds
For the year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime as set out in Part 15 of the Companies Act 2006, and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Date approved by the board: 14 February 2017
Linda Priest Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
JUNIPER MANTON LIMITED
For the year ended 31 May 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the sales value of goods and services provided, less returns and allowances.
Deferred taxation
In the opinion of the Directors, having considered the liability method, there is no material tax liability which could crystallise in the foreseeable future.
Intangible assets
Goodwill is amortised over a period of ten years on a straight line basis.
Tangible fixed assets
Depreciation is provided to write off fixed assets over their estimated useful lives, at the following annual rates: Equipment …………………….. 25% on Written Down Value Fixtures and Fittings .……….. 25% on Written Down Value In accordance with FRS 15 and the Companies Act 2006 all tangible assets are to be depreciated. Although the freehold building has not been depreciated the Directors do regular impairment reviews.
2 Intangible fixed assets
Cost or valuation
Intangible
fixed assets
£
At 01 June 2015
50,000
50,000
At 31 May 2016
Amortisation
20,577
At 01 June 2015
5,000
Charge for year
25,577
At 31 May 2016
24,423
Net Book Values
At 31 May 2016
29,423
At 31 May 2015
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Notes to the Abbreviated Financial Statements
JUNIPER MANTON LIMITED
For the year ended 31 May 2016
3 Tangible fixed assets
Tangible
fixed assets
Cost or valuation
£
416,789
At 01 June 2015
At 31 May 2016
416,789
Depreciation
70,153
At 01 June 2015
7,749
Charge for year
77,902
At 31 May 2016
Net book values
At 31 May 2016
338,887
346,636
At 31 May 2015
2016
4 Creditors: amounts falling due within one year
£
£
2015
9,800
9,600
Bank loans and overdrafts (secured)
2015
2016
5 Creditors: amounts falling due after one year
£
£
285,055
295,057
Bank loans and overdrafts (secured)
The Bank loan is from Santander UK Plc and is secured on the following:
a) First legal charge over the freehold property Castlerea House, 18 Hope Street, Higher Broughton, Salford, M7
2ES
b) First, fixed and floating charge on all the assets of the Company
c) Personal guarantee of Mrs L Priest and Dr B Priest limited to £340,875
The loan is repayable:
2016 2015
£ £
Within one year ................................ 9,800 9,600
Between one and five years.............. 40,000 40,000
In five years or more......................... 245,055 255,057
6 Share capital
Allotted called up and fully paid
2016
2015
£
£
100 Ordinary shares of £1.00 each
100
100
100
100
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