Jas Dolman (Salisbury) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04906459 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

JAS DOLMAN (SALISBURY) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P G Dolman

Mrs T L Dolman

SECRETARY:

P G Dolman

REGISTERED OFFICE:

Windover House

St. Ann Street

Salisbury

SP1 2DR

REGISTERED NUMBER:

04906459 (England and Wales)

ACCOUNTANTS:

Fawcetts

Chartered Accountants

Windover House

St. Ann Street

Salisbury

SP1 2DR

FIXED ASSETS

Tangible assets

2

12,235

15,789

CURRENT ASSETS

Stocks

24,891

13,098

Debtors

41,617

71,226

Cash at bank and in hand

260,964

261,068

327,472

345,392

CREDITORS

Amounts falling due within one year

144,946

135,392

NET CURRENT ASSETS

182,526

210,000

TOTAL ASSETS LESS CURRENT LIABILITIES

194,761

225,789

PROVISIONS FOR LIABILITIES

2,447

3,144

NET ASSETS

192,314

222,645

CAPITAL AND RESERVES

Called up share capital

3

110

Capital redemption reserve

100

Profit and loss account

192,104

222,435

SHAREHOLDERS' FUNDS

192,314

222,645

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

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

The directors acknowledge their 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 Board of Directors on 30 June 2017 and were signed on its behalf by:

P G Dolman - 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 goods and services, excluding value added tax.

Tangible fixed assets

Expenditure on fixed assets is capitalised except for expenditure incurred on the replacement of assets of low

value with a short life. Repair, renovation and replacement expenditure is written off as expenditure in the

profit and loss account. The cost of fixed assets is their purchase cost, together with any incidental costs of

acquisition.

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

life.

Building equipment

- 10% on reducing balance

Office equipment

- 10% on reducing balance

Motor vehicles

- 25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

49,168

DEPRECIATION

At 1 October 2015

33,379

Charge for year

3,554

At 30 September 2016

36,933

NET BOOK VALUE

At 30 September 2016

12,235

At 30 September 2015

15,789

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

10

Ordinary A

£1

10

110