Abbreviated Company Accounts - J.D.WHISKER LIMITED

J.D.WHISKER LIMITED - Company Information

00603660 J.D.WHISKER LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 00603660 2015-07-01 2016-06-30 00603660 2016-06-30 00603660 2015-06-30 00603660 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 00603660 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 00603660

J.D.WHISKER LIMITED

Abbreviated Accounts

30 June 2016

J.D.WHISKER LIMITED Registered Number 00603660

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	43,626	45,388
		43,626	45,388
Current assets
Stocks		827,613	794,980
Debtors		421,140	438,098
Cash at bank and in hand		212,470	332,734
		1,461,223	1,565,812
Creditors: amounts falling due within one year		(201,656)	(294,490)
Net current assets (liabilities)		1,259,567	1,271,322
Total assets less current liabilities		1,303,193	1,316,710
Total net assets (liabilities)		1,303,193	1,316,710
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,303,093	1,316,610
Shareholders' funds		1,303,193	1,316,710

For the year ending 30 June 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 March 2017

And signed on their behalf by:
Mr A J Whisker, Director

J.D.WHISKER LIMITED Registered Number 00603660

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
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:
Showroom improvements 2% straight line basis
Equipment 20% straight line basis
Fixtures & fittings 20% straight line basis
Motor vehicles 25% straight line basis

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 July 2015	138,403
Additions	1,292
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	139,695
Depreciation
At 1 July 2015	93,015
Charge for the year	3,054
On disposals	-
At 30 June 2016	96,069
Net book values
At 30 June 2016	43,626
At 30 June 2015	45,388

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100