Jon Hallett Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02825609 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Jon Hallett Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J W Hallett

SECRETARY:

M J Hallett

REGISTERED OFFICE:

Hawthorns

Odiham Road

Riseley

Reading

Berkshire

RG7 1SD

REGISTERED NUMBER:

02825609 (England and Wales)

ACCOUNTANTS:

EDMONDS ACCOUNTANCY LIMITED

HAWTHORNS

ODIHAM ROAD

RISELEY

READING

Berkshire

RG7 1SD

FIXED ASSETS

Tangible assets

2

1,211,169

1,229,600

Investments

3

50

-

1,211,219

1,229,600

CURRENT ASSETS

Debtors

428,299

476,097

Prepayments and accrued income

45,000

-

Cash at bank and in hand

34,629

9

507,928

476,106

CREDITORS

Amounts falling due within one year

20,560

15,262

NET CURRENT ASSETS

487,368

460,844

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,698,587

1,690,444

CREDITORS

Amounts falling due after more than one
year

4

1,516,889

1,498,629

NET ASSETS

181,698

191,815

CAPITAL AND RESERVES

Called up share capital

5

500

Profit and loss account

181,198

191,315

SHAREHOLDERS' FUNDS

181,698

191,815

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 March 2017 and were signed by:

J W Hallett - 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 services, 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.

Land and buildings

-

1% on cost and Over the term of the lease

Plant and machinery etc

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

1,481,420

Additions

700

Disposals

(13,140

)

At 30 June 2016

1,468,980

DEPRECIATION

At 1 July 2015

251,820

Charge for year

19,131

Eliminated on disposal

(13,140

)

At 30 June 2016

257,811

NET BOOK VALUE

At 30 June 2016

1,211,169

At 30 June 2015

1,229,600

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

50

At 30 June 2016

50

NET BOOK VALUE

At 30 June 2016

50

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

30.6.16

30.6.15

£

Repayable by instalments

1,230,750

1,373,134

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

50,000

Ordinary

£1.00

-

50,000

Ordinary

£0.01

500

6.	TRANSACTIONS WITH DIRECTORS

During the year the company paid the director, J W Hallett, dividends totalling £19,000 (2015: £7,000)

Included within other debtors is a directors loan account of £339,759 (2015: £346,998). The maximum amount

outstanding during the year was £346,998 (2015: £346,998)

7.	CONTROLLING PARTY

The Director, J W Hallett has a controlling interest in the company.