Abbreviated Company Accounts - JEREMY WRIGHT LTD

07781084 JEREMY WRIGHT LTD 2016-09-30 false 2015-10-01 2016-09-30 true 07781084 2015-10-01 2016-09-30 07781084 2016-09-30 07781084 2015-09-30 07781084 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 07781084 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 07781084

JEREMY WRIGHT LTD

Abbreviated Accounts

30 September 2016

JEREMY WRIGHT LTD Registered Number 07781084

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	12,000	24,000
Tangible assets	3	109,970	94,799
		121,970	118,799
Current assets
Stocks		268,749	147,575
Debtors		291,122	123,175
Cash at bank and in hand		117,748	219,572
		677,619	490,322
Creditors: amounts falling due within one year		(439,606)	(386,294)
Net current assets (liabilities)		238,013	104,028
Total assets less current liabilities		359,983	222,827
Creditors: amounts falling due after more than one year		(39,788)	(42,694)
Total net assets (liabilities)		320,195	180,133
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		320,095	180,033
Shareholders' funds		320,195	180,133

For the year ending 30 September 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 27 June 2017

And signed on their behalf by:
J C Wright, Director

JEREMY WRIGHT LTD Registered Number 07781084

Notes to the Abbreviated Accounts for the period ended 30 September 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 January 2015.

Turnover policy
Turnover represents net invoices sale of goods and services, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its esitmated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of the business in 2012, is being amortised evenly over its useful life of five years.

2Intangible fixed assets

	£
Cost
At 1 October 2015	60,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	60,000
Amortisation
At 1 October 2015	36,000
Charge for the year	12,000
On disposals	-
At 30 September 2016	48,000
Net book values
At 30 September 2016	12,000
At 30 September 2015	24,000

3Tangible fixed assets

	£
Cost
At 1 October 2015	166,329
Additions	44,087
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	210,416
Depreciation
At 1 October 2015	71,530
Charge for the year	28,916
On disposals	-
At 30 September 2016	100,446
Net book values
At 30 September 2016	109,970
At 30 September 2015	94,799

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100