J B FIELD (ASSOCIATES) LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 06356025

J B FIELD (ASSOCIATES) LIMITED

Abbreviated Accounts for the Year Ended 31 August 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTOR:

J B Field

SECRETARY:

Mrs S Field

REGISTERED OFFICE:

1 Park View Court

St Pauls Road

Shipley

West Yorkshire

BD18 3DZ

REGISTERED NUMBER:

06356025

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Intangible assets

2

1,000

2,000

Tangible assets

3

379

446

1,379

2,446

CURRENT ASSETS

Cash at bank

49,136

54,649

CREDITORS

Amounts falling due within one year

50,369

56,837

NET CURRENT LIABILITIES

(1,233

)

(2,188

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

146

258

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

46

158

SHAREHOLDERS' FUNDS

146

258

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 9 May 2017 and were signed by:

J B Field - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

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

Computer equipment

-

33% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

10,000

AMORTISATION

At 1 September 2015

8,000

Amortisation for year

1,000

At 31 August 2016

9,000

NET BOOK VALUE

At 31 August 2016

1,000

At 31 August 2015

2,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

3,280

DEPRECIATION

At 1 September 2015

2,834

Charge for year

67

At 31 August 2016

2,901

NET BOOK VALUE

At 31 August 2016

379

At 31 August 2015

446

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

100

Ordinary

£1.00

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2016 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

9 May 2017