Abbreviated Company Accounts - JWT DEVELOPMENTS LIMITED

Abbreviated Company Accounts - JWT DEVELOPMENTS LIMITED

JWT DEVELOPMENTS LIMITED - Company Information

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Registered Number 04786721

JWT DEVELOPMENTS LIMITED

Abbreviated Accounts

30 June 2016

JWT DEVELOPMENTS LIMITED Registered Number 04786721

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 355,004 333,273
355,004 333,273
Current assets
Stocks 390,000 320,000
Debtors 242,377 191,849
Cash at bank and in hand 258,846 263,832
891,223 775,681
Creditors: amounts falling due within one year (513,693) (501,631)
Net current assets (liabilities) 377,530 274,050
Total assets less current liabilities 732,534 607,323
Total net assets (liabilities) 732,534 607,323
Capital and reserves
Called up share capital 2 2
Profit and loss account 732,532 607,321
Shareholders' funds 732,534 607,323
  • 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 31 March 2017

And signed on their behalf by:
Jason Townend, Director

JWT DEVELOPMENTS LIMITED Registered Number 04786721

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life.

2Tangible fixed assets
£
Cost
At 1 July 2015 398,194
Additions 67,712
Disposals (53,480)
Revaluations -
Transfers -
At 30 June 2016 412,426
Depreciation
At 1 July 2015 64,921
Charge for the year 23,418
On disposals (30,917)
At 30 June 2016 57,422
Net book values
At 30 June 2016 355,004
At 30 June 2015 333,273