Jack Walsh Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04452803 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 July 2016

for

Jack Walsh Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Walsh

Mrs L E Foster

REGISTERED OFFICE:

Office 1 Remec House

Summit Works

Manchester Road

Burnley

Lancashire

BB11 5HG

REGISTERED NUMBER:

04452803 (England and Wales)

ACCOUNTANTS:

Dymond Ashworth

Chartered Certified Accountants

1st Floor

98-100 Gisburn Road

Barrowford

Lancashire

BB9 6EW

FIXED ASSETS

Tangible assets

2

783

936

CURRENT ASSETS

Debtors

930

-

Cash at bank

7,779

6,177

8,709

6,177

CREDITORS

Amounts falling due within one year

9,415

4,501

NET CURRENT (LIABILITIES)/ASSETS

(706

)

1,676

TOTAL ASSETS LESS CURRENT LIABILITIES

77

2,612

CAPITAL AND RESERVES

Called up share capital

3

150

150

Profit and loss account

(73

)

2,462

SHAREHOLDERS' FUNDS

77

2,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 March 2017 and were signed on its behalf by:

J Walsh - 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

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

5,793

DEPRECIATION

At 1 August 2015

4,857

Charge for year

153

At 31 July 2016

5,010

NET BOOK VALUE

At 31 July 2016

783

At 31 July 2015

936

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

150

Ordinary

£1

150

150