John Alan Crick Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03114284 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

FOR

JOHN ALAN CRICK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J A Crick

SECRETARY:

Mrs A C Crick

REGISTERED OFFICE:

Breamore House

31 Stockhill Road

Chilcompton

Radstock

Somerset

BA3 4JL

REGISTERED NUMBER:

03114284 (England and Wales)

ACCOUNTANTS:

Pethericks and Gillard Limited

Chartered Accountants

124 High Street

Midsomer Norton

Bath

BA3 2DA

BANKERS:

Cater Allen Private Bank

9 Nelson Street

Bradford

BD1 5AN

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

9,303

10,528

9,303

10,528

CURRENT ASSETS

Debtors

10,157

7,262

Cash at bank and in hand

85,980

76,187

96,137

83,449

CREDITORS

Amounts falling due within one year

15,138

25,675

NET CURRENT ASSETS

80,999

57,774

TOTAL ASSETS LESS CURRENT LIABILITIES

90,302

68,302

PROVISIONS FOR LIABILITIES

1,129

1,213

NET ASSETS

89,173

67,089

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

89,171

67,087

SHAREHOLDERS' FUNDS

89,173

67,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 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 30 October 2014 and were signed by:

J A Crick - 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 April 2008).

Turnover

Turnover represents fees and commission received in the year. No provision is made for commission earned but

not yet received, or for indemnity commission received but potentially repayable if policies should lapse within

the indemnity period.

Goodwill

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful

economic life of that asset as follows:

Goodwill - over 4 years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

35% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held

separately from those of the company. The annual contributions payable are charged to the profit and loss

account.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

49,000

AMORTISATION

At 1 September 2013

and 31 August 2014

49,000

NET BOOK VALUE

At 31 August 2014

-

At 31 August 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

55,750

Additions

2,439

At 31 August 2014

58,189

DEPRECIATION

At 1 September 2013

45,222

Charge for year

3,664

At 31 August 2014

48,886

NET BOOK VALUE

At 31 August 2014

9,303

At 31 August 2013

10,528

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2