Jonathan Storr Financial Services Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06492558 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2014

for

Jonathan Storr Financial Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Storr

SECRETARY:

Mrs B Storr

REGISTERED OFFICE:

33 Charles Avenue

Louth

Lincolnshire

LN11 0BG

REGISTERED NUMBER:

06492558 (England and Wales)

ACCOUNTANTS:

Astar (Advisory & Business Services) Limited

62 Canterbury Drive

Heighington

Lincoln

Lincolnshire

LN4 1SX

FIXED ASSETS

Tangible assets

2

686

243

CURRENT ASSETS

Debtors

2,138

1,070

Cash at bank

5,797

9,388

7,935

10,458

CREDITORS

Amounts falling due within one year

7,357

9,078

NET CURRENT ASSETS

578

1,380

TOTAL ASSETS LESS CURRENT LIABILITIES

1,264

1,623

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

1,263

1,622

SHAREHOLDERS' FUNDS

1,264

1,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 28 November 2014 and were signed by:

J Storr - 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 net invoiced sales of services, excluding value added tax.

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 etc

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

1,000

Additions

672

At 28 February 2014

1,672

DEPRECIATION

At 1 March 2013

757

Charge for year

229

At 28 February 2014

986

NET BOOK VALUE

At 28 February 2014

686

At 28 February 2013

243

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2014 and

28 February 2013:

28.2.14

28.2.13

£

£

J Storr

Balance outstanding at start of year

1,070

12,217

Amounts advanced

34,578

35,453

Amounts repaid

(33,510

)

(46,600

)

Balance outstanding at end of year

2,138

1,070